What documents are required for an instant personal loan?

PAN, an Aadhaar-linked mobile number for OTP eKYC, bank account details in your own name, and income proof — a salary slip for salaried applicants or three to six months of bank statements otherwise.

Do I need to submit physical documents?

No. The whole process is digital: eKYC via Aadhaar OTP and uploaded statements. There is no branch visit or courier.

How many months of bank statements are needed?

Three months at minimum, and six for self-employed or seasonal income because the low months matter as much as the good ones.

Is a salary slip mandatory?

No. Bank statements, UPI settlement history, platform payouts, rent or pension credits, or a co-applicant's income can all stand in for it.

Documents required for an instant personal loan

For an instant personal loan in India you need three things: KYC (PAN and an Aadhaar-linked mobile number for OTP eKYC), income proof (a salary slip, or three to six months of bank statements), and bank account details in your own name for disbursal. Everything is submitted online — no physical paperwork or branch visit.

The universal checklist

Every applicant, regardless of profile, needs these.

PAN card number — used to read and report your credit bureau record.
Aadhaar-linked mobile number — the OTP for eKYC is sent there, so the linkage must be active.
Bank account details in your own name — disbursal never goes to a third party or a wallet.
Income proof appropriate to how you earn (see below).

Income proof by profile

This is the only part of the checklist that varies, and it is where most applications stall.

Salaried — last one to three salary slips, plus the bank statement showing the salary credit.
Self-employed or small business — three to six months of bank statements; ITR or GST returns strengthen the file where available.
Gig and delivery work — platform payout statements plus the matching bank credits.
Student — stipend or internship proof, or an earning co-applicant from the household.
Homemaker — household inflows in the bank statement, or a co-applicant's income proof.
Rental or pension income — the rent agreement or pension order, plus the credits in the statement.

The five things that delay an application

Almost every avoidable rejection traces back to one of these.

A name or date-of-birth mismatch between PAN and Aadhaar — fix it before applying.
A mobile number no longer linked to Aadhaar, so eKYC cannot complete.
Bank statements that omit the most recent month, or are cropped screenshots rather than the full statement.
Income split across several accounts, so no single statement shows enough.
A bounced mandate in the last three months, which weighs more heavily than a modest income.

What you should never be asked for

No legitimate lender needs your Aadhaar OTP read out over a call, a photograph of your Aadhaar sent on WhatsApp, access to your contacts, gallery, SMS or call logs, or any fee paid before disbursal. If you are asked for any of these, stop and report it to hello@credbean.com or +91 98990 20223.

Frequently asked questions

Check what you qualify for

A soft eligibility check that does not affect your credit score, in about three minutes.

Start your application