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Here are a few factors
Required Documents
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Utility bills, voter ID cards, passports,
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Aadhar cards, and driving licenses
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Proof of Income
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Salary slips for the previous six months
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For the previous two years, Form 16 and IT
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The salary account's bank account statement for the previous 12 months the last three years' audited profit and loss statements and balance sheets.
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ITR, including the last three years' income computations.
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A statement of all active bank accounts for the previous 12 months. Account statements and a sanction letter covering the last 12 months for each lending account.
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The business entity's letterhead features the company profile.
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AOA and MOA for Businesses.
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The Partnership Company's partnership deed.
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The Shop Act license for proprietorship
Eligibility Criteria
The applicantβs age should be within 21 to 70 years.
The applicant needs to have at least 700+ CIBIL Score.
Any salaried or self-employed individual can apply for this loan.

