Get Quick Approval on
Instant Loan in Tamil Nadu

Eligibility for Instant
Personal Loan In Tamil Nadu

You must meet the minimum eligibility criteria to be eligible for an instant loan in Tamil Nadu.

• Age: You should be in the age range of 21 to 60 years while applying.
• Income: Your monthly income has to be steady, preferably from ₹15,000 for the salaried and from ₹20,000 for the self-employed.
• Employment: In case you are an employed individual, you must be employed with a minimum of 6 months of working experience in the present position. Self-employed persons should have been in business for a minimum period of 2 years.
• Credit Score: A credit score of 650 or more will definitely help in the approval of the loan.
• Residency: You should be a resident of Tamil Nadu.

Documentation for Personal Loan in Tamil Nadu

When applying for an Instant Loan in Tamil Nadu, you will need to provide the following essential documents to complete the application process:

1. Identity Proof

• Aadhar Card
• Passport
• Voter ID
• Driver's License

2. Address Proof

• Aadhar Card
• Utility Bills (Electricity, Water, etc. not older than 3 months)
• Passport
• Bank Statement with Current Address
• Rent Agreement (if applicable)

3. Income Proof:

a. Salaried Individuals:

• • Last 3 months' salary slips
  • The previous 6 months' bank statements
  • Income Tax Returns (ITR) or Form 16 (if applicable)

b. Self-employed Individuals:

• • The last 2 years Income Tax Returns (ITR)
  • Business-related documents (e.g., GST returns, profit and loss statement)
  • The previous 6 months' bank statements

4. Employment Proof

a. Salaried Individuals:

• • Employment ID card or offer letter
  • Last 3 months' salary slips or bank statements showing salary credits

b. Self-employed Individuals:

• • Proof of business establishment (GST certificate, business registration, etc.)