SBI Personal Loan Documents Required

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HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max. Loan Amt.Upto 25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee6,500
Axis Bank
Low Processing fee
Max. Loan Amt.Upto 25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
Kotak Mahindra Bank
Lowest Income requirement100% Digital Process*
Max. Loan Amt.Upto 25L
Rate of Interest9.98% - 17.2%
Tenure upto1-5 Years
Processing Fee1.1% - 1.5%

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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

Documents Required for Availing SBI Personal Loan

The documents required for a personal loan may differ depending on the type of personal loan you are applying for. At present, only salaried individuals/professionals and pensioners can avail an SBI Personal Loan. The major documents required to apply for an SBI Personal Loan are as follows:

Xpress Credit Loan

  • Application form duly filled by the borrower and submitted along with 2 Latest passport-size photographs.
  • Proof of identity (Photocopies of PAN/Passport/Driver’s License, Voter ID card/ Aadhar Card)
  • Proof of Residence (photocopies of recent Telephone Bills/Electricity Bill/Property tax receipt/ Passport/voter's ID card)
  • Copy of identity card issued by the employer.
  • Latest six months’ Bank Statement of the account where salary is credited.
  • Last 6 months’ salary slip (optional).
  • Irrevocable Letter of Authority addressed to disbursing authority
  • Irrevocable Letter of Authority from the person authorized to disburse Salary and allowances

For DSP (Defense Salary Package), PMSP (Paramilitary Salary Package), ICGSP (Indian Coast Guard Salary Package)

  • Application form duly filled by the borrower and submitted along with 2 latest passport-size photographs.
  • Proof of identity (Photocopies of PAN/Passport/Driver’s License, Voter ID card/Aadhar Card/simplified KYC)
  • Proof of Residence (photocopies of recent Telephone Bills/Electricity Bill/Property tax receipt/Passport/ Voters ID card)
  • Latest six months Bank Statement of the account where salary is credited.
  • Last 6 months’ salary slip (optional).

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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

Avail Personal Loan For
All Your Needs

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What our customers say

Loan from Paisabazaar was actually paperless

I always used to think that the paperless loan is a myth. But on Paisabazaar, I applied for the pre approved loan from IDFC Bank and all documentation was already done. I just filled the form, did kyc and my loan was approved and disbuursed one the same day.

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Tanmay BorkatakiDec 12, 2025

Best place for a small loan

I have take loan of 60-70000 three times from paisabazaar in 4 years and every time it has been a very good experience. They provide the loan without failure and have also helped me improve my cibil.

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Aridaman Singh ParhichaDec 11, 2025

My loan got approved immediately

I wanted a loan and I was able to get it approved through Paisabazaar. It was instantaneous and I got the amount in my account in 2 days only.

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Priyam Sarkar MajumdarDec 10, 2025

I get loan from here

I get loan from Paisabazaar here and it is very quickly given to me.

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Bilal ZaidiDec 9, 2025

Excellant EMI calculator and expert assistance available

The EMI calculator helped me choose the right repayment plan. Clear guidance at every step made the loan process really easy.

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Mohit YadavDec 3, 2025

Fully Digital Process for Real.

Loved the real-time loan status updates.Everything was handled online — didn’t have to visit any branch.

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Gautam BakshiDec 3, 2025

Lower Rate than My Own Bank

Got a lower interest rate than my bank was offering.Smooth digital verification and quick disbursal.

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Shivani SuryaDec 3, 2025

Pre-approved offers with quick approval

I liked how Paisabazaar showed pre-approved offers without affecting my credit score. Customer support was prompt and helped me close the loan quickly.

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Suraj VermaDec 3, 2025

Same day approval. wow.

The loan was approved the same day — super smooth and transparent process.

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Shiv KumarDec 3, 2025

Best Loan Terms on My Credit Score in the Market

Paisabazaar helped me get a loan even with a borderline credit score. Really impressed with how smooth everything was.

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SunnyDec 3, 2025
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Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners

*Applicable for selected customers