Documents checklist for a quick loan approval

Lenders approve what they can verify — quickly. When your file is complete on day one, credit teams process it in the same week. When documents trickle in one at a time, the file ages, queries pile up and valuers move on to other jobs.

The universal set (every loan, every lender)

• PAN card — mandatory for reporting; make sure the name matches your bank records.
• Aadhaar card — identity and address proof; keep a mobile-linked copy for eKYC.
• Passport-size photographs — two to four, recent.
• Signature proof — passport or banker's verification, for some lenders.

If you are salaried

• Last 3 months' salary slips.
• Last 2 years' Form 16 or 2 years' ITR acknowledgement.
• 6 months' bank statement of the salary account — with salary credits clearly visible.
• Employment proof — offer letter, employee ID or appointment letter.

If you are self-employed or run a business

• Last 2 – 3 years' ITR with computation of income.
• Audited or provisional financials — P&L and balance sheet.
• 12 months' bank statements of the current account.
• Business proof — GST registration, Udyam certificate, trade licence or rent agreement.

If the loan is secured

• Property — title deed, chain of previous deeds, approved building plan, latest property-tax receipt, society NOC where applicable.
• Vehicle — invoice or RC, insurance papers, existing loan statement for balance transfers.
• Gold — the ornaments themselves; the lender values them in front of you.

Scan everything as clear PDFs the night before you apply. Files that are photographed half-folded on a table are the single most common reason a sanction letter gets pushed to next week.