Section 5.1: Personal Loan Category
Personal Loan Origination & Collections
LoanDesk Personal Loan module allows lenders to evaluate individual creditworthiness, employment history, bank statements, and monthly liabilities. Perfect for salaried employees, self-employed individuals, and emergency credit.
Required Application Fields
- Customer Profile & Contact Info
- Employment Details & Employer Name
- Monthly Income & Liabilities
- Bank Account Number & IFSC Code
- Guarantor Information (Optional)
- Identity Document Numbers (PAN & Aadhaar)
Required Verification Documents
- Salary Slips (Last 3 Months)
- Bank Statement (Last 6 Months)
- Identity Proof (PAN Card / Aadhaar)
- Address Proof (Utility Bill / Passport)
- Guarantor Identity Documents