8 Documents Elderly People Can Use To Get Loans

Outlook Money

Identity Proof

They can submit an Aadhaar card as identity proof to get loans.

Address Proof

The will need a gas or power connection bill or Aadhaar card for residence proof.

Pension Details

Pension detail is the one of the important documents banks ask for loans.


 Banks also ask for the last three years’ ITR in case of taxable income.

Bank statement

The will also need to submit a bank statement for loan processing.

Salary Certificate

Banks may also ask for income proof like a salary certificate for loans.

Mutual Funds

They can also show proof of mutual fund assets held to get a bank loan.

Gold Jewellery

They will need to produce gold Jewellery receipts to receive a gold loan.

Compiled By Avijit Gupta