Boost Your Chances of Getting Approved for a Personal Loan
                     Boost Your Chances of Getting 
a Personal Loan Approved?

Improve Your Personal Loan Application
 Personal loans are a risky deal and it is 
vital for lenders to scrutinize borrowers 
and their payback tendencies. If you 
have been keeping an excellent credit 
record by being a faithful payer, the ball 
is in your court. This will boost your 
chances as a borrower and qualify you 
for loan approval.
 A few tried-and-tested guidelines are 
laid out to make your 
personal loan application stand out.
Do You Meet the Eligibility Criteria?
 A few banks also have a minimum income requirement and a 
certain employment requirement. Just like age parameter, the 
employment and income rules also differ from bank to bank. 
Therefore, before applying for a personal loan with a specific 
lender, ensure if you match the eligibility criteria to avail a quick 
approval.
Handy Paperwork
The main documents you’ll need are listed below:
1. Identity proof with photo ID such as your driving license, PAN card, 
or passport.
2. Age proof (Any ID - Pan Card, Voter Card, and Driving License)
3. Address proof (Rental Agreement or Lease Agreement, Passport, 
Voter Card, Ration Card, Driving License, Aadhaar Card, or utility 
bills such as water, electricity, phone or gas bill can serve this 
purpose)
4. Income documents including current or last three months’ income 
slips and bank statement.
Don’t Ignore the Research
• A huge mistake that can be avoided is not researching enough. Know 
the loan market like the back of your hand. Interest rates vary from 
bank to bank. Before you finalize a personal loan from a lender, revise 
all your options. Have a good look at the initial fees and other charges 
too. 
Credit History
 Go through your credit report for any errors and fix it before making a 
loan application. 
Conclusion
 With these pointers, you’re sure to speed up your loan application. 
Explore Clix Capital to find out exclusive deals on financial products, 
loans and other things. 
Clix Capital Services Private Limited
 Address: 901b, 9th Floor, Two Horizon 
Centre, DLF Phase V, Gurgaon, Haryana, 
India – 122002
 Call us: 1800 200 9898
 Email us: [email protected]
 Website: www.clix.capital 
Read More: www.clix.capital/clixblog/what-to-do-if-your-personal-loan-application-gets-denied