How to Get a Personal Loan with Minimal Documents

One of the biggest hurdles in getting a traditional loan used to be the mountain of paperwork required. Thankfully, the rise of digital finance has made the process incredibly simple. Here's how you can get a personal loan with minimal documents through Teofin.

The Power of Digital KYC

The key to a paperless loan process is Digital Know Your Customer (KYC). Instead of submitting physical photocopies, you can now verify your identity and address electronically using your official documents. This is faster, safer, and much more convenient.

The Only Documents You Really Need

For most online personal loans facilitated through Teofin, you only need to have the following documents handy:

• PAN Card: This is mandatory for identity and financial verification.
• Aadhaar Card: Used for address verification and e-KYC.
• Bank Account Details: To receive the loan amount and for income verification (often via net banking).

That's it! By using these documents in a 100% digital process, our lending partners can verify your profile quickly and approve your loan in minutes. No need to visit a branch or wait in long queues.

Experience the future of lending with a truly paperless application.