Personal Loans: A Personal loan is taken by an Individual to fulfill his/her per sonal needs. Repayment can be done through fixed EMI over a fixed term. No guarantor or co-applicant is required. Application of Funds: You can have the personal loan for n number of reason. Primarily, the personal loans are taken for 6 reasons: Business Needs Education Marriage Asset Acquisition Debt Consolidation Agriculture Purpose The main advantages of a personal loan include the following: Relatively quick (because they do not require as much documentation as a home or auto loan). No restriction on how you can spend the money Do not require any collateral. So if you do not have any assets like a home, or shares or gold to offer as security, and are in need of money urgently, this is perhaps the most convenient option. List of documents for Salaried Proof of Identity:- Passport / Driving License / Voters ID / PAN Card (any one) Proof of Residence:- Leave...