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Indian Bank Personal Loan Documents Required

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HDFC Bank
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Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee6,500
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Rate of Interest11% - 13%
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Rate of Interest9.99% - 17.15%
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How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Indian Bank Personal Loan Documents Required

The list of documents required varies depending on the type of the loan. The following are the key documents required for each type of Indian Bank personal loan:

For Indian Bank Clean Loan (Salaried Individuals)

  • Proof of income: This can either include your salary slips for the last six months showing all the deductions or the latest copy of Form 16. Please note that the income proof should be duly attested by the employer.
  • Proof of Employment: This can include a copy of the employment order, your employee number or the photo identity card issued by your employer, etc.
  • Form 16 or certified Income Tax Return (ITR) for the past 2 years
  • PAN Card (Permanent Account Number): Please note that this is a mandatory requirement to avail Indian Bank personal loan.
  • KYC Documents: These may include your Aadhar Card, Passport, Election ID, Ration Card, Driving License, etc.
  • Authorization to Debit Loan EMIs: This refers to the mandate to debit loan EMIs from either your Savings Bank (SB) account or through Electronic Clearance System (ECS) or National Automated Clearing House (NACH).
  • Guarantee: Guarantee of another employee from same organization with same/higher pay scale or spouse, as applicable.

For Indian Bank Pension Loan (Pensioners)

  • Authorization Letter: To allow the bank to debit loan EMIs from your savings bank account, where pension is credited.
  • Guarantee of the spouse eligible for family pension. In case the spouse is not available, suitable guarantee from the legal heir/ family member/ third party guarantor, acceptable by the bank can be submitted.

For Indian Bank Loan Against NSC/ KVP/ Relief Bonds of RBI/ LIC Policy

  • A Copy of Salary Certificate/ Income Tax Return to assess the repayment capability.
  • Original NSC/ KVP/ RBI Relief Bond/ LIC Policy.

Important Tips to Improve Personal Loan Eligibility

Follow the tips mentioned below to improve your chances of Indian Bank personal loan approval:

  • Know loan Eligibility Criteria: Carefully go through the eligibility criteria and make sure you meet them.
  • Credit Score: Always maintain a good credit score, which is a 3-digit number varying from 300-900. It is reflective of your repayment ability, and hence higher the score, the better are the chances of loan approval. Check your credit score at Paisabazaar for free.
  • Fixed Obligation to Income Ratio (FOIR): It refers to the ratio of your ongoing loan EMIs and credit card dues to your income. Thus, you should maintain a low FOIR to improve the chances of getting a loan approved.
  • Avoid Multiple Loan Applications: You should not apply for a personal loan with multiple lenders at the same time, as this may lead to several hard enquiries of your credit report. These enquiries can further affect your credit score, and decrease the chances of loan approval.

Avail Personal Loan for
All Your Needs

How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Avail Personal Loan for
All Your Needs

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What our customers say

My Trust in Paisabazaar has Increased

I would like to take a moment to share my sincere feedback regarding the support I received from your team. The executive who assisted me was extremely professional, polite, and knowledgeable. They patiently understood my concern, explained the process clearly, and guided me step by step toward the right solution. I truly appreciate the transparency, timely responses, and genuine effort shown to help me.

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Lalit MaviFeb 12, 2026

Best Place for Taking Loans

I contacted customer care with a few queries, and I am very satisfied with the support I received. The representative was polite, patient, and explained everything clearly. My questions were resolved properly, and the overall experience was smooth and helpful. Thank you for the excellent customer service

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Kokil BarnwalFeb 12, 2026

Apne higher education ke liye loan liya tha

Muhje higher education ke liye loan chahiye tha. Paisabazaar pe apply kiya. Got it at the right time. Quite helpful.

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Puja DanuJan 22, 2026

Sabse jada helpful log the yaha

Maine bht jagah try kiya tha personal loan ka, yaha try kiya toh helpful log mille. Har steps mai aram se samjhaya or usse muhje loan lene mai jda dikkat nhi aayi.

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Anuradha GuptaJan 21, 2026

Best Advisor for Personal Loan

I would like to share my feedback regarding my recent interaction with Mr. Vipin Singh (employee id EW12967) After discussing the financial matters with him, I felt very satisfied with his approach and professionalism. He explained everything clearly, handled the discussion patiently, and ensured that all concerns were addressed effectively. His communication skills, positive attitude, and dedication towards his responsibilities truly reflect his commitment to the organization.

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20th Jan 2026Jan 20, 2026

Meri shaddi thi

Shadi mai bht kharche hote hai. Maine shaddi ke liye personal loan paisabazaar se liya tha. Process smooth tha or interest bhi sahi milla.

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Sadia KhatunJan 15, 2026

Perfect for Loan Solutions

Recently I had a conversation with Mr. Harsh ji. Thanks Mr. Harsh ji for providing a better solution in a very short period of time with very nice behaviour. Thank You very much.

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Amit ChahalJan 15, 2026

Travel ke liye personal loan liya tha

Mai bohot din se out of India ghumne jana chahti thi lekin jab jane ka time mila toh budget kaam padh raha tha, Paisabazaar se personal loan leke bht acha trip kiya. Maza agaya. Mere upar koi burden bhi nhi padha

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Tarini RoyJan 14, 2026

Easy personal loan available

Took personal loan. Good experience.

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Ruchika TiwariJan 14, 2026

Stress-free Laon Borrowing Process

There was a complication with my KYC verification. Paisabazaar’s Shazeb handled it swiftly and professionally. He ensured that I received regular updates, explained the resolution steps clearly, and most importantly, resolved the issue quickly. His prompt assistance and communication made the entire experience smooth and stress-free. Thanks to his efforts, the loan process was completed without further delays.

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Abhishek ThakuraJan 14, 2026
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