Documentation Required for Loans at Sai Laxmi Finance pvt ltd
Sai Laxmi Finance pvt ltd  strives to make the loan application process as simple and seamless as possible for its customers. To ensure smooth processing of your loan application, it’s important to submit the necessary documents. The exact documentation requirements may vary depending on the type of loan you are applying for, such as personal loans, business loans, vehicle loans, home loans, mortgage loans, or agricultural loans. Below is a comprehensive list of documents generally required for loans at Sai Laxmi Finance pvtltd

General Documentation for All Loan Types
1. Identity Proof (Any one of the following):
Aadhaar Card
PAN Card
Passport
Voter ID
Driving License
2. Address Proof (Any one of the following):
Aadhaar Card
Utility Bill (Electricity, Water, Gas)
Passport
Rent Agreement
Bank Passbook with Address
3. Recent Passport-Sized Photographs
Typically, two to three recent color photographs are required.
4. Loan Application Form
A duly filled and signed loan application form provided by Sai Laxmi Finance pvt ltd
Additional Documents Based on Loan Type
1. Personal Loan
A personal loan is designed to meet individual financial needs like medical emergencies, travel, education, or weddings.

Documentation Required for Professional Loan

1. Identity Proof (Any one of the following)

Aadhaar Card

PAN Card

Passport

Voter ID

Driving License

2. Address Proof (Any one of the following)

Aadhaar Card

Utility Bills (electricity, water, gas)

Passport

Rent Agreement

3. Income Proof

For Salaried Professionals:

Latest salary slips (last 3 months)

Bank statements (last 6 months)

Form 16 or Income Tax Returns (ITR)

For Self-Employed Professionals:

Income Tax Returns (ITR) for the last 2–3 years

Bank statements (last 6–12 months)

Profit and Loss statement and balance sheet

4. Professional Qualification Proof

Degree or certification in the respective professional field

5. Business Proof (if applicable)

Business registration certificate

Proof of ownership or rental agreement for office premises

6. Photographs

Recent passport-sized photographs

7. Existing Loan Details (if applicable)

Details of ongoing loans or EMIs.

Who Can Benefit from a Professional Loan?

Doctors: To set up a clinic, buy medical equipment, or expand practice.

Chartered Accountants: For office setup, hiring staff, or upgrading technology.

Lawyers: To establish law firms, manage case-related expenses, or expand offices.

Architects: For purchasing design software, hiring skilled staff, or setting up offices.1. Identity Proof (Any one of the following)

Aadhaar Card

PAN Card

Passport

Voter ID

Driving License

2. Address Proof (Any one of the following)

Aadhaar Card

Utility Bills (electricity, water, gas)

Passport

Rent Agreement

3. Income Proof

For Salaried Professionals:

Latest salary slips (last 3 months)

Bank statements (last 6 months)

Form 16 or Income Tax Returns (ITR)

For Self-Employed Professionals:

Income Tax Returns (ITR) for the last 2–3 years

Bank statements (last 6–12 months)

Profit and Loss statement and balance sheet

4. Professional Qualification Proof

Degree or certification in the respective professional field

5. Business Proof (if applicable)

Business registration certificate

Proof of ownership or rental agreement for office premises

6. Photographs

Recent passport-sized photographs

7. Existing Loan Details (if applicable)

Details of ongoing loans or EMIs.

Who Can Benefit from a Professional Loan?

Doctors: To set up a clinic, buy medical equipment, or expand practice.

Chartered Accountants: For office setup, hiring staff, or upgrading technology.

Lawyers: To establish law firms, manage case-related expenses, or expand offices.

Architects: For purchasing design software, hiring skilled staff, or setting up offices.

Documents Required for Agriculture Loan
1. Identity Proof (Any one of the following)

Aadhaar Card

Voter ID

PAN Card

Passport

2. Address Proof (Any one of the following)

Aadhaar Card

Utility Bills (electricity, water)

Land Records

3. Land Ownership Proof

Record of Rights (RoR)

Land deed or lease agreement (for tenant farmers).

4. Purpose-Specific Documents

Quotations for machinery or equipment purchase

Details of farming activity or land development project

5. Income Proof

Sale receipts of previous crops (if applicable)

Bank account statements for the last 6–12 months

6. Photographs

Recent passport-sized photographs

7. Other Documents (if applicable)

Certificate of agricultural activity (if requested by the lender)

Credit report or details of existing loans

Who Can Apply for an Agriculture Loan?

Farmers who need funds for crop cultivation or farm development

Tenant farmers and sharecroppers requiring working capital

Agribusiness owners needing funds for processing, storage, or distribution

Self-employed individuals involved in agricultural services


Documents Required for Home Loan

1. Identity Proof (Any one of the following)
Aadhaar Card
PAN Card
Passport
Voter ID
Driving License
2. Address Proof (Any one of the following)
Aadhaar Card
Utility Bills (electricity, water, gas)
Passport
Rent Agreement
3. Income Proof
For Salaried Individuals:
Latest salary slips (last 3–6 months)
Bank statements (last 6 months)
Form 16 or Income Tax Returns (ITR)
For Self-Employed Individuals:
Income Tax Returns (ITR) for the last 2–3 years
Audited balance sheets and profit & loss statements
Bank statements (last 6–12 months)
4. Property Documents
Sale agreement or builder-buyer agreement
Title deed of the property
Approved building plan or layout
No Objection Certificate (NOC) from relevant authorities
5. Photographs
Recent passport-sized photographs
6. Existing Loan Details (if applicable)
Statements or documentation of any ongoing loans or EMIs.
Who Can Apply for a Home Loan?
Salaried individuals with stable incomes
Self-employed professionals or business owners with steady cash flow
First-time home buyers looking for financial assistance
Existing homeowners looking to renovate, extend, or construct new spaces

Documents Required for Business Loan

Here’s a list of common documents needed when applying for a project loan:
1. Identity Proof (Any one of the following)

Aadhaar Card

PAN Card

Passport

Voter ID

2. Address Proof (Any one of the following)

Aadhaar Card

Utility Bills (electricity, water, gas)

Rent Agreement

Passport

3. Business Proof

Business registration certificate or GST certificate

Partnership deed (for partnerships) or Memorandum of Association (for private limited companies)

4. Financial Documents

Income Tax Returns (ITR) for the last 2–3 years

Profit and Loss statement and balance sheet (audited, if required)

Bank statements (last 6–12 months)

5. Loan-Specific Documents

Quotation or invoice for machinery/equipment (if applying for equipment financing)

Details of existing loans or liabilities

6. Photographs

Recent passport-sized photographs

7. Other Documents (if applicable)

Collateral documents (if applying for a secured loan)

Credit report

Who Should Apply for a Business Loan?

Entrepreneurs looking to expand their business

Startups needing working capital

Small and Medium Enterprises (SMEs) with equipment purchase needs

Business owners planning marketing or branding campaigns

Traders and distributors needing bulk inventory financing


Documents Required for Property Loan
Here’s a checklist of commonly required documents:
1. Identity Proof (Any One)
Aadhaar Card
PAN Card
Passport
Voter ID
Driving License
2. Address Proof (Any One)
Utility Bills (Electricity, Water, Gas)
Rental Agreement
Passport
3. Income Proof
For Salaried Individuals:
Latest salary slips (3–6 months)
Bank statements (last 6 months)
Form 16 or Income Tax Returns (ITR)
For Self-employed Individuals:
Business registration certificate
Profit & loss statements
ITR for the last 2–3 years
4. Property Documents
Title deed or sale deed
Property tax receipts
Encumbrance certificate
Approved building plan
5. Other Documents
Loan application form
Passport-sized photographs
Proof of age.
Documents Required for a Mortgage Loan
1. Identity Proof (Any one of the following)
Aadhaar Card
PAN Card
Passport
Voter ID
Driving License
2. Address Proof (Any one of the following)
Aadhaar Card
Utility Bills (electricity, water, gas)
Rent Agreement
Passport
3. Income Proof
For Salaried Individuals:

Latest salary slips (last 3–6 months)
Bank statements (last 6 months)
Form 16 or Income Tax Returns (ITR)
For Self-Employed Individuals:

Income Tax Returns (ITR) for the last 2–3 years
Profit and Loss statement and balance sheet (audited if applicable)
Bank statements (last 6–12 months)
4. Property Documents
Title deed or sale deed (proof of ownership)
Encumbrance certificate (proof that the property is free of legal disputes)
Property tax receipts
Approved building plan
5. Existing Loan Details (if applicable)
Statements or documents for any ongoing loans secured by the same or other properties.
6. Photographs
Recent passport-sized photographs
Who Should Apply for a Mortgage Loan?
Business owners needing funds for expansion or working capital.
Parents seeking financial support for their child’s education or wedding.
Individuals looking to consolidate existing debts at a lower interest rate.
Anyone needing large sums of money for personal or professional purposes without selling their property.
Documents Required for a Project Loan
Here’s a list of common documents needed when applying for a project loan:

1. Business Documents
Business registration certificate (proprietorship/partnership deed or company incorporation certificate).
Memorandum of Association (MoA) and Articles of Association (AoA) for companies.
GST registration and tax returns.
2. Project Documents
Detailed project report (DPR), including project feasibility, timelines, and revenue projections.
Cost estimates and break-up of expenses.
Contracts with suppliers or contractors.
3. Financial Documents
Audited financial statements for the last 2-3 years (profit & loss account, balance sheet).
Bank account statements (last 6-12 months).
Income tax returns of the business and promoters.
4. Promoter/Owner Documents
Identity proof (Aadhaar, PAN, Passport, etc.).
Address proof (utility bill, driving license, etc.).
Net worth statement of the promoter(s).
5. Collateral Documents
Property papers or any other collateral details.
Valuation report from an authorized valuer.
6. Other Documents
Loan application form.
Passport-sized photographs of the applicant(s).
Any required approvals or permits for the project (e.g., environmental clearances).
Rate of Interest 6% to 7% And Processing Fee; 10,000.