For a Microfinance Loan, the document list typically includes:

 

1. Loan Application Form:

• Completed application form provided by the microfinance institution.

 

2. Identity Proof:

• Government-issued ID such as PAN card, Aadhaar card, voter ID, or passport.

 

3. Address Proof:

• Recent utility bill, bank statement, or rent agreement.

 

4. KYC Documents:

• Documents required for Know Your Customer (KYC) verification.

 

5. Income Proof:

• Proof of income, such as bank statements, salary slips, or business income records.

 

6. Business/Project Details:

• Description of the business or project for which the loan is being sought.

• Projected revenue or business plan (if applicable).

 

7. Group/Joint Loan Documents (if applicable):

• If applying for a group loan, documents related to group formation, such as meeting minutes or group details.

 

8. Photographs:

• Passport-sized photographs (typically 2-3 copies).

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