A bank statement, also known as an account statement, is a document issued by a bank. This document provide details of your banking transactions in savings or current account for a specific period. It also helps you keep track of your transactions and accounts on a daily basis.
With a bank statement, you can quickly check your current account standing, any suspicious activity and if there are any errors listed. In addition, reviewing the banking transactions regularly helps you track your spending habits and notice patterns for better budgeting.
Furthermore, bank statements are required as a mandatory document when applying for any loan. This helps the lender understand your financial profile and whether you have a regular income source or not. In some cases, it can also dictate your financial habits, and with the bank statement, the lending institution assesses your repayment capabilities. Before knowing how to get a bank statement, you must understand what is included in a statement.
Here are a few details of what you get on a bank statement online:
Your name and the account number
Your address
The period for which the statement is generated
Customer service number of your bank
All banking transactions for the chosen timeline including debits and credits
Opening and ending balance for the selected period
There are two modes of getting your bank statement — offline and online. If you opt for the offline mode, you have to visit the branch personally and submit a requisition letter to get the statement.
You may receive the statement immediately in hand or by post to your registered address. However, to easily check your statement at any given time, you can choose the online option. To know how to get an online bank statement, read on.
There are several ways to obtain a bank account statement:
1. NetBanking and bank apps
The simplest answer to the question, ‘how can I get my bank statement online?’ is to use your bank’s mobile app. If you don’t have the app or would prefer not to use it, you can sign in through netbanking on website. Both allow you to access your bank statement online.
Let’s understand the general guide to access the information.
Login or perform a one-time registration on your bank’s NetBanking portal
Search for options like ‘Download statement’ or ‘View transaction history’
Select a date range to generate the bank account statement and click ‘Download’, ‘Send PDF or ‘Send on my registered Email.’
Receive the account statement in your mail as an encrypted PDF or get the option to directly download the PDF
2. Check your registered email id
It helps to know how to take a bank statement online in more ways than just one. Your other option is to check your registered email. Banks often send regular summaries of your account or even a consolidated statement every month. Here is the process to check it.
Log in to your email account registered with your bank
Search for terms like ‘Bank statement’, ‘account statement’ or ‘transaction summary’
Receive regular emails from the bank consisting the bank statements in a password-protected PDF format
Download the file and make sure to decrypt it or include the file password while uploading the statement elsewhere
3. At the ATM
Knowing how to get an online bank statement through the ATM is important because it is very simple and can be done by anyone.
Below are the steps:
Visit your bank’s nearest ATM with your debit/credit card
Enter your four-digit PIN number
Select the option ‘Get mini statement’ or ‘Print mini statement’
Receive a printed copy of your account’s mini statement
How to check a bank statement online?
Follow these simple steps to check your bank statement online:
Step 1: Log in to your bank’s website or application using the ID and password
Step 2: Select the period for which you want to check your account transactions
Step 3: Click on the ‘Get Statement’ option
Step 4: View the statement on your screen and check for all the debit and credit transactions
You can alert the respective financial institution if you notice any error or discrepancies in your bank statement. Now that you know how to get an online bank statement, check it regularly to ensure that your finances are accurate. Apart from tracking your expenses, you may need to submit your bank statement when applying for a visa.
Most banks now provide online bank statements, making it easier for you. However, note that banks maintain a limit of 7 years to retain your bank transaction statements. So, you should file these statements either physically or digitally.
Here are a few direct links to obtain a PDF account statement from popular banks:
Bank statements provide a clear overview of your financial activity. Not only does it help monitor your spending but it enables you to be mindful about your finances. This way, you can reach your planned financial goals.
If you are planning to avail of a personal loan at affordable interest rates, Fibe is the solution for all your financial requirements. With minimal documentation and quick approval, you can apply online at Fibe!
Need your bank statement PDF and not sure where to start? Here’s the quick way: log in to your bank’s net banking portal or app, go to the account statement section, pick your date range, and download it as a PDF. And just like that, you’re done downloading it in under 2 minutes.
That said, there’s more to it than a single click; especially when you’re downloading it for a personal loan application, where the statement needs to be in the right format, cover the right period, and ideally not trigger a ‘file corrupted’ error on upload. This guide walks you through all of it.
Whether you bank with SBI, HDFC, ICICI, Axis, Canara or any of the major Indian banks, the steps below will get you there – on desktop, mobile, or email.
What is a Bank Statement PDF?
Think of it as your account’s official report card – a document that lists every transaction in your account over a chosen period, presented in a tamper-proof PDF format and digitally signed by your bank.
Banks issue these monthly, but you can also pull one for any custom date range you need – last 3 months for a loan application, or last 12 months for a visa. Whatever the reason, the PDF carries the same legal standing as a printed passbook update.
Spends, EMI deductions, bill payments, ATM withdrawals
Charges & deductions
Bank service fees, GST charges, penalties if any
Transaction date & narration
Date and description for every single entry
Why lenders ask for this
When you apply for a personal loan on Fibe, you’ll need to submit statements covering the last 3 to 6 months. This lets Fibe’s system check for consistent salary credits and estimate how much EMI you can comfortably handle.
How to Download Your Bank Statement PDF on Desktop (Net Banking)
Net banking is probably the cleanest way to do this – you choose the exact period you want, pick PDF as the format, and it’s straight to your Downloads folder. Here’s the process, which works across almost all Indian banks:
Head to your bank’s internet banking website. For SBI that’s onlinesbi.sbi.co.in; for HDFC it’s netbanking.hdfcbank.com – and so on.
Log in with your username and password. Haven’t registered for net banking yet? Most banks let you do that online in a few minutes, or you can walk into any branch.
Once inside, look for your Accounts section. You’ll usually see options labelled something like ‘Account Statement’, ‘Download e-Statement’ or ‘View Transaction History‘ – the wording varies by bank.
Select the account you want the statement for, if you hold more than one.
Pick your statement period. Most loan applications ask for the last 3 or 6 months, so set the dates accordingly.
Choose PDF as the file format.
Hit Download. The file lands in your browser’s Downloads folder – usually within seconds.
No PDF button? Try this
A few banks – Canara Bank being a common example – don’t show a dedicated PDF download button. The workaround is simple: use your browser’s Print function (Ctrl+P or Cmd+P) and change the destination to ‘Save as PDF’. You’ll get a clean PDF version of the statement.
How to Download Your Bank Statement PDF on Mobile
Two ways to do this on your phone – through the monthly email your bank sends, or directly from your bank’s app. Both work fine; pick whichever is faster for you.
Option 1 – Find It in Your Email Inbox
Most banks auto-send a monthly statement PDF to the email address you registered with. It usually arrives in the first week of the following month. Here’s how to find it:
Open Gmail, Outlook or whichever email app you use.
Tap the search bar and type your bank’s name plus ‘bank statement’ – for example, ‘bank statement HDFC’ or ‘bank statement SBI’.
Scan the results and open the most recent matching email.
The PDF will be attached. Before you open it, read the email body – it usually tells you the password you’ll need.
Tap the attachment to download it, enter the password, and you’re in.
Option 2 – Download Directly From Your Bank’s App
Prefer not to dig through old emails? Most banking apps let you generate and download a statement on the spot:
Open your bank’s official app – YONO SBI, iMobile Pay, HDFC MobileBanking, Axis Mobile, Canara ai1, etc.
Log in with your MPIN or fingerprint.
Go to Account Summary or My Accounts.
Look for ‘Account Statement’ or ‘e-Statement’ and tap it.
Set your date range – 1 month, 3 months, 6 months, or custom.
Tap Download as PDF. The file saves to your phone’s internal storage or the Files app.
Password tip
Bank statement PDFs in India are always password-protected. SBI typically uses your registered mobile number as the password. HDFC uses the first four letters of your name in uppercase followed by your birth date in DDMM format — so if your name is Rahul and you were born on 5 May, it’d be RAHU0505. Always check the email that came with the statement — the password instructions are right there.
Bank-by-Bank Steps to Download Your Statement PDF
The general process is the same everywhere, but menus are named differently across banks. Here’s exactly where to look in each one:
SBI – YONO App or onlinesbi.sbi.co.in
Log in to SBI’s net banking site or the YONO SBI app.
Go to My Accounts → Account Summary → Account Statement.
Pick the account and the statement period, then select the report type.
Click Download. On mobile, the file goes to your ‘Files’ folder.
Password: Your registered mobile number.
HDFC Bank – netbanking.hdfcbank.com or HDFC MobileBanking App
Log in to HDFC net banking.
On the left-side menu, go to Enquire → Download Historical Statement.
Select your account and date range, choose PDF as the format.
Click Download.
Password: First 4 letters of your name in CAPS + date of birth in DDMM format. Example: RAHU0505.
ICICI Bank – icicibank.com or iMobile Pay
Log in to ICICI net banking.
Click on e-Statement. On mobile, look for ‘Account Statement’ under the accounts tab.
Choose the account and time period, then select PDF format.
Download the file.
Password: First 4 letters of your name in CAPS + date of birth in DDMMYYYY format. Example: PRIY01011990.
Axis Bank – axisbank.com or Axis Mobile App
On the Axis website, go to Support → Download Your Savings Account Statement.
Enter your registered mobile number, then verify with the OTP sent.
Select account type, account number, statement duration and download format.
The PDF will download to your Files folder.
Canara Bank – canarabank.com or Canara ai1 App
Log in to Canara Bank’s internet banking portal.
Click Accounts → Account Statement in the left-hand menu.
Select your account, set the start and end date, and choose PDF.
If the PDF option isn’t available, hit Print → Save as PDF from your browser.
PNB – pnbindia.in or PNB m-Passbook App
Log in to the PNB m-Passbook app with your User ID and MPIN.
Choose between mini-statement or a full statement for a specific period.
PNB covers savings, recurring, current and overdraft accounts.
At the bottom right, tap ‘Download Details as → PDF’.
Bank of Baroda – bankofbaroda.in
Log in to the Bank of Baroda net banking portal.
Go to Accounts → Operative Accounts → Account Query.
Select your account, pick the tenure, and set the format to PDF.
Hit Download.
Bank
Net Banking Portal
Mobile App
SBI
onlinesbi.sbi.co.in
YONO SBI
HDFC
netbanking.hdfcbank.com
HDFC MobileBanking
ICICI
icicibank.com
iMobile Pay
Axis
axisbank.com
Axis Mobile
Canara Bank
canarabank.com
Canara ai1
PNB
pnbindia.in
PNB m-Passbook
Bank of Baroda
bankofbaroda.in
Baroda mPassBook
HSBC
hsbc.co.in
HSBC Mobile Banking
Union Bank
unionbankofindia.co.in
Vyom App
How to Open a Password-Protected Bank Statement PDF
Every bank statement PDF you download or receive by email in India is password-protected – that’s not a glitch, it’s intentional security. Opening it takes 10 seconds once you know the password format.
On Desktop – Adobe Reader, Chrome or Edge
Find the file in your Downloads folder.
Double-click it. A password box will pop up.
Type the password (see the table below for your bank’s format).
Press Enter. The statement opens right away.
On Mobile – Android or iOS
Tap the downloaded PDF from your notifications or the Files app.
Your phone’s PDF viewer, Google Drive or Adobe Acrobat will prompt for a password.
Enter the password and tap OK.
Once open, you can share or upload it directly – no need to convert anything.
Bank
Password Format
Example
SBI
Registered mobile number
9876543210
HDFC
First 4 letters of name (CAPS) + DDMM of birth
RAHU0505
ICICI
First 4 letters of name (CAPS) + DDMMYYYY of birth
PRIY01011990
Axis Bank
Customer ID + date of birth in DDMMYYYY
Check your email for exact format
Canara Bank
Registered mobile number or account number
Check your email for exact format
PNB
Account number
Check your email for exact format
PDF still not opening?
Wrong password is the most common culprit – double-check the format (uppercase, no spaces, correct date order). If the format looks right, try re-downloading the file; a partial download won’t open. Still stuck? Open it in Chrome or Adobe Acrobat Reader – older third-party PDF apps sometimes can’t handle the encryption Indian banks use. If none of that works, call your bank’s customer care and ask them to re-send the statement.
A Few More Things Worth Knowing
Statements arrive by email automatically. If you’ve registered your email with your bank, a PDF lands in your inbox every month – usually in the first week. Can’t find it? Check your Spam or Promotions tab first. If you’re not getting them at all, you can enable the e-statement subscription through your bank’s app or website.
No extra sign-up needed. As long as your email is registered with your bank, you’ll get these automatically. If it isn’t, a quick visit to your bank’s branch or app settings will sort that out.
These PDFs carry real legal weight. A digitally issued bank statement PDF is accepted as valid income proof for personal loans, VISA applications, rental agreements and income tax filings. It works exactly like a physically stamped statement from a branch – no need to get it counter-signed.
Fresh statements only. For personal loan applications, most lenders – including Fibe – want statements no older than 3 to 6 months. A statement from 8 months ago usually won’t be accepted.
Don’t try to edit it. Bank statement PDFs have embedded metadata and digital signatures. Any change – even something as small as adjusting a number – is visible during lender verification. Submitting a tampered statement is fraud and can result in permanent blacklisting from most financial institutions.
Direct Links to Bank Net Banking Portals
Save yourself the search – here are the official net banking URLs for the most used banks in India:
SBI – onlinesbi.sbi.co.in
HDFC Bank – netbanking.hdfcbank.com
ICICI Bank – icicibank.com/personal-banking
Axis Bank – axisbank.com
Canara Bank — canarabank.com
Bank of Baroda – bankofbaroda.in
PNB – pnbindia.in
Bandhan Bank – bandhanbank.com
HSBC – hsbc.co.in
Indian Bank – indianbank.net.in
Central Bank of India – centralbankofindia.co.in
Union Bank – unionbankofindia.co.in
Getting your bank statement PDF is usually the quickest part of a loan application. Once you have it, the rest moves fast – especially on Fibe, where the whole process is designed to be paperwork-light.
Yes — and it’s the easiest way to do it. Log in to your bank’s net banking portal or mobile app, go to the account statement section, pick your date range and download in PDF format. No branch visit needed, and there’s no charge for digital statements at most banks.
2. How can I get a bank statement without going to the bank?
Three ways: download it from your bank’s net banking portal on a desktop, get it from your bank’s official mobile app, or find the monthly PDF your bank sent to your registered email address. Any of these will give you a statement that lenders accept.
3. Can I get a bank statement from a mobile app?
Yes. YONO SBI, iMobile Pay, HDFC MobileBanking, Axis Mobile and all other major banking apps have an Account Statement or e-Statement option. Pick your date range, tap download and you’ve got the PDF on your phone in seconds.
4. Do banks charge for bank statements?
Digital statements – whether downloaded via net banking or received by email – are free at almost every Indian bank. The only time you might pay is if you walk into a branch and ask for a printed copy, which some banks charge a small fee for.
5. How to download a bank statement PDF from SBI net banking?
Log in at onlinesbi.sbi.co.in. Navigate to My Accounts → Account Summary → Account Statement. Choose your account, set the period, and click Download. The PDF is usually password-protected with your registered mobile number.
6. How to download a bank statement PDF from HDFC net banking?
Log in at netbanking.hdfcbank.com. In the left menu, go to Enquire → Download Historical Statement. Select your account, set the time period and choose PDF format, then click Download. Your password is the first 4 letters of your name in capitals followed by your birth date in DDMM – for example, AMIT1503.
7. Can I download a bank statement PDF for the last 6 months or 1 year?
Yes, most banks let you pull statements for up to a year in one go. Kotak Mahindra Bank is a notable exception – it caps downloads at 3 months at a time, so you’d need to do two separate downloads for 6 months. If you need a statement going back further than a year, a written request at the branch is usually the route.
8. Why is my bank statement PDF not opening?
The most common reason is a wrong password – check the format your specific bank uses (see the password table above). If the password seems right, try re-downloading the file since partial downloads can get corrupted. Also make sure you’re using Chrome, Adobe Acrobat Reader or Microsoft Edge to open it – older PDF apps sometimes can’t handle the encryption. Still stuck? Your bank’s customer care can re-send the statement.
You can check or download your bank statement through mobile banking, net banking, registered email, ATM, SMS/missed call banking, WhatsApp banking or by visiting your bank branch. For a full PDF or Excel statement, the fastest methods are usually your bank’s mobile app or internet banking portal. For a quick view of recent transactions, ATM mini statements, SMS alerts, missed call banking and WhatsApp banking can help.
A bank statement helps you track spending, verify deposits, review recent transactions and submit financial proof when applying for a loan, visa, credit card or rental agreement. Most banks now offer password-protected e-statements for safer access, and many also send monthly statements to your registered email ID. In case you need an official or certified copy, visiting the bank branch is still a reliable option.
What is a Bank Statement and What Does It Contain?
A bank statement is an official summary of all transactions in your bank account for a selected period, such as a week, month, quarter, financial year or custom date range. It records money coming in and going out of your account, helping you understand your cash flow and verify whether every transaction is correct.
A typical bank statement contains your account holder name, account number, bank branch details, IFSC code, opening balance, closing balance, transaction date, value date, transaction description, debit amount, credit amount and available balance. It may also show UPI payments, ATM withdrawals, EMI debits, salary credits, interest credits, bank charges, refunds and failed or reversed transactions.
For example, if you are applying for a personal loan, the lender may check your statement to understand your income pattern, existing EMIs, spending behaviour and repayment capacity. Fibe’s own personal loan document list mentions bank statements or salary slips as income documents and offers personal loans of up to ₹10 lakh with a digital application journey.
How to Check Bank Statement Online: Step-by-Step Methods
You can check your bank statement online using your bank’s mobile app, internet banking portal, registered email or WhatsApp banking. These methods are useful when you need a downloadable PDF, Excel file or a quick transaction summary without visiting a branch.
The exact labels may differ across banks. Look for sections such as Account Statement, E-statement, Statements, Service Requests, Bank Accounts, Downloads or Transaction History.
How to Check Bank Statement Online via Mobile Banking App
Mobile banking is one of the easiest ways to check your bank statement because you can access it directly from your phone using MPIN, password, fingerprint or face unlock.
Steps to download bank statement via mobile banking app
Open your bank’s official mobile app and log in using your registered mobile number, customer ID, username, MPIN, password or biometric authentication.
Go to the account section from the dashboard or main menu.
Select ‘Statements’, ‘Account Statement’ or ‘e-statements’ depending on how your bank labels the feature.
Choose the bank account for which you want the statement.
Select the statement period, such as last 1 month, last 3 months, last 6 months, financial year or custom date range.
Choose the format, usually PDF, Excel or CSV.
Download the statement or send it to your registered email ID.
Open the file using the password format mentioned by your bank, if the PDF is password protected.
Example
If your salary is credited on the 1st of every month and you are applying for a loan in May 2026, you may download your statement for February, March and April 2026 to show the latest salary credits and EMI payments.
How to Check Bank Statement Online via Net Banking Portal
Net banking is useful when you want to download a statement on a laptop or desktop, apply custom filters or save a copy for documentation.
Steps to check bank statement through net banking
Visit your bank’s official website.
Log in using your customer ID, user ID or registered mobile number.
Enter your password and complete OTP or two-factor authentication if required.
Go to Accounts, Bank Accounts, Account Summary or e-statements.
Select the account and date range.
Choose the file format, such as PDF, Excel or CSV.
Download, print or email the statement.
For instance, ICICI Bank’s online statement page mentions that users can log in to net banking, go to Bank Accounts > e-Statements > View Detailed Statement, select a date range and download the statement. It also mentions access to up to the last 4 years of statements.
How to Check Bank Statement via Registered Email
Banks often send monthly or periodic e-statements to your registered email ID. These are usually attached as password-protected PDF files to protect your financial information. This method is helpful when you do not want to log in to net banking or the mobile app, but still need an official monthly statement.
Steps to check bank statement through registered email
Open your registered email inbox linked to your bank account.
Search using keywords such as ‘bank statement’, ‘account statement’, ‘e-statement’, ‘transaction summary’ or your bank’s name.
Example: If you have an HDFC Bank account, search for ‘HDFC statement’.
Open the email that contains the monthly account statement or transaction summary.
Download the attached PDF file to your mobile or desktop.
Enter the password format mentioned in the email. It is usually a combination of your date of birth, customer ID, PAN, name or account details, depending on the bank.
Save the file securely and avoid sharing the password publicly.
When uploading the statement on Fibe or any financial platform, make sure the file is readable. If the PDF is password-protected, follow the platform’s upload instructions or keep the password handy if requested.
Banks use password-protected statements because these files contain sensitive personal and transaction details. ClearTax notes that HDFC Bank e-statements are password-protected to help prevent unauthorised access.
How to Check Bank Statement via Missed Call and SMS
Many banks offer mini statement services through missed calls and SMS, especially for customers who do not use smartphones or net banking. You generally need to use your registered mobile number to access this service. Once you give a missed call to the bank’s official number or send the required SMS keyword, the bank sends your recent transactions by SMS.
This method is best for checking your latest few transactions, not for downloading a full monthly statement. For example, missed call or SMS banking may show your last 3, 5 or 10 transactions, depending on your bank. ClearTax’s Bank of India mini statement guide explains that customers can access mini statements through SMS, missed call services, internet banking and mobile banking.
When to use missed call or SMS banking
When you do not have internet access
When you use a feature phone
When you only need recent transaction details
When you want to quickly verify salary credit, EMI debit or UPI payment
When you cannot access the mobile banking app temporarily
How to Check Bank Statement at ATM
An ATM can provide a mini statement, which is a short summary of your latest transactions. This is useful when you need a quick printed record and do not have mobile data or internet banking access. However, ATMs usually provide only the last few transactions, not a detailed statement for a full month or year.
Steps to get a bank statement at an ATM
Visit the nearest ATM to your bank or a compatible ATM.
Insert your debit card into the ATM.
Select your preferred language.
Enter your debit card PIN securely.
Choose Mini Statement, Get Mini Statement or a similar option.
Collect the printed slip showing your recent transactions.
Check whether the transactions and balance are correct.
Note: ATMs usually provide only the last 5–10 transactions. For a complete statement, use mobile banking, net banking, email or visit your bank branch.
How to Get Bank Statement Offline via Branch Visit
Visiting a bank branch is the most reliable offline method when you need a stamped, certified or detailed bank statement.
You can use this method when:
You need a certified bank statement for visa, legal, loan or official documentation.
You want a statement with bank seal and authorised signature.
You do not have access to mobile banking, net banking or registered email.
Your mobile number or email ID is not updated with the bank.
You need statements for an older period that may not be available online.
You want help understanding a specific transaction, charge or debit.
You need to update your passbook or request a printed statement.
Documents you may need at the branch
Account number or passbook
Debit card, if available
PAN card or Aadhaar card
Customer ID, if known
Written request form, if required by the bank
The RBI provides a grievance redressal and complaint platform for regulated banking and financial services, which may help customers if service-related issues remain unresolved through the bank’s usual channels.
How to Check Bank Statement via WhatsApp Banking
Many banks now offer WhatsApp banking for quick account services. You can usually send a message such as ‘Hi’ from your registered mobile number to the bank’s verified WhatsApp number and select options from the automated menu.
You may be able to use WhatsApp banking to:
Check account balance
View mini statement
Download limited transaction history
Request account services
Get links to mobile banking or customer support
Before using this service, always confirm the bank’s official WhatsApp number from its website, app or verified communication. Avoid clicking suspicious links or sharing OTPs, PINs or passwords on WhatsApp.
Bank Statement: Online vs Offline Methods
Method
Online/Offline
Net Banking Needed?
Statement Type
Best For
Mobile Banking App
Online
No, MPIN/biometric works
Full statement in PDF/Excel
Quick download on phone
Net Banking Portal
Online
Yes
Full statement in PDF/Excel
Desktop users and date-range filters
Registered Email
Online
No
Monthly statement in PDF
Passive or auto-delivered access
ATM Mini Statement
Offline
No, debit card and PIN needed
Last 5–10 transactions
No internet access
Missed Call / SMS
Offline
No
Mini statement by SMS
Instant check and feature phone users
Branch Visit
Offline
No
Certified or detailed statement
Loan, visa or legal purposes
WhatsApp Banking
Online
No, registered number needed
Mini statement
Quick check without opening app
Which Bank Statement Method Should You Choose?
Your Need
Best Method
Need a full statement instantly
Mobile banking app or net banking
Need a statement for loan application
Mobile app, net banking or branch-certified copy
Need a stamped statement
Branch visit
Need only recent transactions
ATM, SMS, missed call or WhatsApp banking
Do not use net banking
Mobile app, email, ATM, SMS, missed call or branch
Need old statements
Net banking or branch visit
Need statement on phone without app
Registered email, WhatsApp banking, SMS or net banking browser
Safety Tips Before Downloading or Sharing Your Bank Statement
A bank statement contains sensitive information, so handle it carefully.
Download statements only from the official bank app, website or registered email.
Do not share your net banking password, ATM PIN, UPI PIN, OTP or card CVV.
Avoid opening statement emails from suspicious senders.
Check the bank’s email domain before downloading attachments.
Keep password-protected files stored securely.
Do not upload your statement to unknown websites.
While sharing statements for loans or visa processing, share only through trusted platforms.
If you notice an unauthorised transaction, report it to your bank immediately.
The RBI has directed banks to create customer awareness around risks and responsibilities in electronic banking transactions, especially in cases involving unauthorised electronic banking.
Common Reasons You May Need a Bank Statement
You may need your bank statement for:
Personal loan application
Credit card application
Visa processing
Income verification
Tax filing
Rent agreement or property documentation
Business accounting
Reimbursement claims
Expense tracking
Dispute resolution for failed or incorrect transactions
For personal loans, lenders often ask for recent bank statements to verify income and repayment capacity. Fibe mentions bank statements or salary slips for the last 3 months under personal loan documents, along with a fully digital journey for eligible applicants.
Final Takeaway
Checking your bank statement is simple once you know the right channel. Use your mobile banking app or net banking for a full downloadable statement, registered email for monthly e-statements, ATM/SMS/missed call/WhatsApp banking for recent transactions and branch visits for certified statements.
Once you have your bank statement ready, you can use it for financial planning, expense tracking or loan documentation. If you need funds for planned or urgent expenses, you can explore Fibe’s Personal Loan of up to ₹10 lakh through the Fibe app or website, subject to eligibility and verification.
FAQs on How to Get Bank Statement Online and Offline
Can I get a PDF of my bank statement?
Yes, you can get your bank statement in PDF format through:
Your bank’s mobile banking app
Net banking portal
Registered email
WhatsApp banking, if your bank supports PDF statements
Bank branch, if you need a printed or certified copy
Most banks provide password-protected PDF statements for better security.
How to get an online bank statement immediately?
The fastest ways to get an online bank statement are:
Log in to your bank’s mobile app.
Go to the statement or e-statement section.
Select the account and date range.
Download the statement in PDF or Excel format.
You can also use net banking or check your registered email inbox for monthly e-statements.
How can I get my bank statement from an ATM?
You can get a mini statement from an ATM by following these steps:
Visit the nearest ATM.
Insert your debit card.
Enter your PIN.
Select the Mini Statement option.
Collect the printed slip.
Note: ATMs generally provide only the last 5–10 transactions. For a full statement, use mobile banking, net banking, email or branch services.
How can I get a bank statement by SMS?
Some banks allow you to get a mini statement by sending an SMS from your registered mobile number. The SMS keyword and number vary from bank to bank. You can find the correct format on your bank’s official website, mobile app or customer support page.
Can I download statements to a mobile device?
Yes. You can download your bank statement directly to your mobile phone using your bank’s mobile app, mobile browser net banking portal or registered email. Most banks provide PDF statements that can be saved securely on your device.
How to check bank statements online without net banking?
You can check your bank statement online without net banking through:
Mobile banking app
Registered email e-statements
WhatsApp banking
Bank’s customer service app
UPI-linked banking services, where supported
For full statements, the mobile banking app and registered email are usually the most useful options.
How many months of bank statement are required for a loan application?
Most lenders ask for the latest 3 to 6 months of bank statements, depending on the loan type, income profile and internal credit policy. For salaried applicants, 3 months may be enough in many cases. For self-employed applicants, lenders may ask for 6 months or more to understand income consistency.
Fibe lists bank statements or salary slips for the last 3 months as income documents for personal loan applications. (Fibe)
How to check my bank statement on my phone without the app?
You can check your bank statement on your phone without downloading the app by using:
Mobile browser net banking
Registered email inbox
WhatsApp banking
SMS banking
Missed call banking
For a full PDF statement, registered email or mobile browser net banking is usually better than SMS or missed call banking.
Is a bank e-statement valid for loan applications and visa processing?
Yes, bank e-statements are commonly accepted for loan applications and visa processing, especially when downloaded from the official bank app, net banking portal or registered email. However, some institutions may ask for a stamped or signed statement from the bank branch, especially for visa, legal or high-value financial requirements.
How to open a password-protected bank statement PDF?
To open a password-protected bank statement PDF:
Open the PDF attachment or downloaded statement.
Read the password instructions in the email or bank app.
Enter the required password format.
Try common bank-specific formats only if mentioned by your bank, such as date of birth, customer ID, PAN combination or name and birth year.
Contact your bank if the password does not work.
Do not use unsafe third-party tools to unlock financial documents, as your statement contains sensitive account and transaction details.
Highlight: Get to know the top 7 benefits of offering your employees a financial wellness program. Read till the end to know how a financial wellness program can improve your business.
Facilitating programs related to financial wellness for employees has numerous benefits for them while also helping boost productivity and improving retention. In fact, 59% of employees report being satisfied with their employers when they receive access to some sort of financial wellness program, according to a Prudential report.
Additionally, 7 out of 10 employees say that their loyalty towards their employers increased after getting access to financial wellness programs. So, it isn’t surprising that superior work-life for teams ultimately results in better bottom lines for enterprises.
Read on to learn more about financial wellness programs for employees.
What is a Financial Wellness Program?
Financial wellness technically refers to a person’s improved financial health by managing and reducing financial stress. A PwC Employee Financial Wellness Survey reported that 63% of employees suffered from increased financial stress since the start of the pandemic.
Bonuses, investment workshops, discounts on bills, etc. are some ingredients of a good financial wellness program. Here’s how programs for employee’s financial wellness benefits employers:
Increased Retention Rate
72% of employees report that they would leave their current employers if they find another employer provides a financial wellness program. A fairly reliable strategy to increase (or maintain) your retention rate is to make employees feel valued.
A well-planned financial wellness program helps them feel valued by the company, which will help your employees be more loyal to you. 88% of employees have already initiated or have plans to start financial wellness programs in their companies.
Happier and Healthier Employees
42% of employees face distraction at work due to financial issues. With a financial wellness program, not only do you make them happier and healthier, but also save your enterprise from facing a significant amount of loss.
Employees spend 13 hours a month at work, on average, stressing over their financial problems. Those hours can cost employers up to a whopping $1,900 yearly loss per employee.
On the other hand, programs related to financial wellness for employees that include, benefits for their physical well-being in the form of health insurance or subsidised regular medical checkups, directly contribute to elevating and maintaining their health. In other words, a financial wellness program not only keeps employees mentally stress-free but also truly healthy, by helping them to be debt-free.
Improved Performance
72% of millennials remain stressed due to financial problems at work. Gen Z and Gen X are not very far on this metric, at 62% and 68%, respectively. And stress is one of the most common factors that affects their performance and productivity. So, inculcating an employee financial program is a great way to lower their stress and improve performance.
At the same time, 51% of employees want to make their own financial decisions but look for someone to validate them. About 36% of employees actively look for elaborate financial advice. So, a financial wellness program doesn’t necessarily have to include direct financial support from employers. You can instead also give access to financial learning methods like workshops and seminars, which equips them with financial advice that can help them make a suitable financial plan.
Improved Job Satisfaction
More often than not, the rate of incentives the employers provide doesn’t really increase, keeping pace with market inflation. This lack of financial support from employers negatively impacts the employees due to which there may be
More leaves
Loss of productivity
Decline quality of work
So, providing your employees with a financial wellness program represents your understanding and care for your employees’ financial issues. Moreover, companies that implemented a financial wellness program noticed 24% lesser unplanned absences by the employees.
Decreased Level of Stress
Around 57% of employees avoid getting medical treatment for a disease due to their financial stress. This is an alarming issue. Along with the cost of living, the rise in insurance costs leads the employees to suffer from high levels of stress and insecurity. The result? Low employee retention rate, loss of productivity, quality and more.
Stress-free employees not only provide improved work for the company but also take an active part in its betterment. 60% of employees believing they will benefit from a financial wellness program. So, it a great way to help reduce employees’ stress, which can help ensure improved performance for the company.
Better Retirement Plan
In today’s world, most employees try to keep investments or savings to ensure their retirement plan is strong enough. However, due to the increased cost of living, often they fail to make ends meet.
49% of employees feel they will end up using their retirement savings even before retirement, which can cause stress and a myriad of other negative impacts. With a financial wellness program, you can help your employees secure their retirement plans and help them focus on their present more, instead of stressing over the future.
Improved Employer-Employee Relationship
As an employer, you would love to maintain a good relationship with your employees. And this goes both ways. When there’s active assistance for employees to deal with financial stress, they actively reciprocate. Especially after the uncertainty caused by pandemic and layoffs, employees need enterprises to be with them while they deal with their financial stress.
Reducing financial stress can be difficult, but you can achieve it through continuous efforts by improvising your financial wellness program.
How Can Fibe Help You Implement the Perfect Financial Wellness Program?
You will need a reputed and reliable organisation that can provide you with the correct financial wellness program. Fibe provides you with a special feature to implement your dream financial wellness program.
With the Employer Tie-Up Program by Fibe, you can provide your employees with a salary advance of up to ₹5 lacs directly to their bank accounts. Furthermore, you can also finance them with their financial needs like school fees and medical emergencies.
Fibe also offers financial seminars to boost financial learning among your employees. You can implement the perfect program for financial wellness in the workplace for your employees and sit back as you receive improved performance in return. That’s not all. Your employees can enjoy these benefits by meeting our simple salary criteria of ₹10,000 a month.
Highlight: Get the exclusive list of the best international wedding destinations to suit your budget. Read till the end to get an easy and instant loan for your big day.
Weddings are more than rituals. A wedding is a ceremony to celebrate the lifelong bond of two souls who are united by unbreakable promises. The wedding day is one of the most important and cherished days of anyone’s life. Plans go on for months to make the official pronouncement of husband and wife never become ephemeral. In recent times, a destination wedding has become the talk of the town. You might be thinking anyone would love an international wedding destination, but it is beyond the reach of commoners. But you will be happy to know that you are wrong!
In this article, we will give you an exclusive list of the top 3 international wedding destinations to suit your budget. From Aruba to the Dominican Republic, this list of wedding destinations in the budget will be inevitable for you to plan your big day in an unforgettable way. So, let the bells ring!
Dominican Republic: All-Time Favourite among International Wedding Destinations to Suit Your Budget
With beaches, lush green forests, exquisite golf courses, private resorts, and winding rivers, the Dominican Republic is the hidden corner of the Caribbean that will make your big day even bigger. If you are looking for a private international wedding destination to suit your budget then the Dominican Republic can be your best bet. The Dominican Republic offers you a wedding close to nature away from the concrete jungle. It is an island in the Caribbean and consists of some of the most enchanting beach resorts of the world along its 250 miles spread beach.
The Dominican Republic is really adamant to preserve its greenery. It is considered one of the most pristine natural spots on the west. Further, its unique combination of wilderness and privacy makes it one of the best international wedding destinations to suit your budget. Situated just two hours away to the South of Miami, Dominican is known as one of the most diverse, friendliest, and most affordable under $3,000 international wedding destinations around the globe.
Bahamas
If you are looking for international wedding destinations to suit your budget then the Bahamas has to be on the list. What can be better than taking your wedding vows by the turquoise sea with white-golden sand beaches? Situated in the North-West of West Indies, Bahamas is so appealing to be one of the international wedding destinations to suit your budget as it offers luxurious hotels with special discounts and offers for couples.
The wedding packages offered by the resorts of Bahamas can leave even the most frugal couple feeling evocative. This tropical location is in the South-East of Florida and offers actual too-good-to-be-true services for your wedding. Further, you don’t even have to worry about your wedding management. Wedding packages in the Bahamas include most wedding management services from decorations to photoshoots. Son if you are in search of international wedding destinations to suit your budget, make sure to give a head to the Bahamas. Who knows you might even be lucky enough to get the hotel rooms for free!
Aruba
Are you looking for international wedding destinations to suit your budget under $1,000? Then this Caribbean island is your panacea. Aruba is a stunning island off the coast of Venezuela surrounded by the deep blue Caribbean sea. Landing here you might find yourself wondering if it is some dreamy wedding destination of Europe. From architecture to the parks, everything here is inspired by Europe. Aruba offers you a wide range of awe-inspiring and affordable resorts to choose your wedding destination on a budget.
You will be surprised to see the diversity of options available to you within your budget that makes Aruba one of the best international wedding destinations to suit your budget. The array of world-class resorts offers you all types of wedding services at a reasonable rate. Further, Aruba is well-versed in hosting some of the most captivating weddings in recent years.
Low on Budget to Choose Your Favourite International Wedding Destination? Don’t Worry We Got You Covered
Everyone deserves that his/her wedding day be the cynosure of their lives. However, budget often leads us to kill our dreams of a destination wedding. But does your big day deserve to be deprived of the attention and memories just because you are a little low on budget? Don’t worry anymore as Fibe is your panacea. Serving over 5,00,000 happy customers nationwide, EarlySalary has become the talk of the town when the issue is of the financial crisis.
Fibe provides you with an instant loan of anywhere amounting from 5,000-5,00,000. You can apply, complete the process and get the cash in your bank account sitting at your home. The 24/7 secure service provided by Fibe makes it reliable and accessible to people in all spheres of society. If you are looking for international wedding destinations to suit your budget, then Fibe also provides you with an easy and instant travel loan.
Partnering with one of the best travel services of India, MakeMyTrip, Fibe ensures you don’t find yourself in any further imbroglio while choosing international wedding destinations to suit your budget. So, what are you waiting for? Let the party begin!
Download the personal loan app here, or log in to our website and be a part of the #OneSmallStep experience.
Highlight: With an increase in the cases of COVID-19 Omicron Variant, it is ideal to revisit strategies for a safe workplace ahead of the fear of another wave of the pandemic.
The WHO has reported a new potentially dangerous COVID variant called Omicron. Also known as B.1.1.529, its first case was detected in southern Africa in November of 2021 and is now seeing a steady rise in several nations worldwide. The World Health Organization further revealed that this coronavirus variant is spreading faster in nations with high population immunity levels.
With the rise in cases and uncertainty around its impact, restrictions, including travel restrictions, are being out in place, employers are being forced to reconsider the strategies for a safe workplace.
Encourage Vaccination
Vaccination continues to be the most effective weapon to prevent the risks of serious illness, hospitalization, or death caused by the coronavirus. Employers realize that the best way to ensure employee safety is to encourage vaccination. Encouraging employees to get vaccinated, offering time off for the same, or even offering on-site vaccinations are some strategies employers can adopt for a safer workplace.
Regular COVID Testing
As the rise of omicron variant cases doesn’t appear to be stopping anytime soon, it would be advisable for employers to incorporate COVID testing as a part of workplace policies. Testing can increase the detection of the virus considerably, allowing employers to take necessary precautions and prevent employees from coming to the workplace and spreading the virus.
Hybrid Strategy
Most companies have started or plan to shift remote employees back to the workplace. However, with the onslaught of omicron variant cases, it is necessary for employers to go back and think about it. Companies like Google and Ford Motors had planned on a complete transition of employees to working in-office but have put a hold on their plans until more information about the severity and transmissibility of the variant can be gathered.
The broader effects on the community should be considered because as more employees start returning to the workplace, the community transmission would also increase. They would use public transport, come in contact with more people, and even risk infecting the people they live with at the end of the day. However, companies could mitigate this risk by postponing employees’ return or adopting hybrid strategies for a safe workplace with flexible schedules and remote work.
Since the risk of workplace transmission is directly linked to the community infection rate, employers planning forward should consider these broader community effects.
Promote Social Distancing and Masking
Until a strategy for universal vaccination is devised, one of the essential strategies for a safe workplace would be to follow non-pharmaceutical measures to battle the omicron variant. Even before the development of vaccines for the virus, the standard operating procedure was to maintain social distance and mask. These should be practiced vigorously as the threat of the new variant hangs overhead.
Flexible schedules and remote work are adequate measures to practice social distancing. Many employers have gradually begun transitioning remote employees back to the workspace. In such cases, employees should be instructed to wear well-fitted masks and maintain a physical distance of 1 meter.
Employers could also enlist the help of financial incentives to promote social distancing. If social distancing is unfeasible, then large office gatherings at the very least should be limited.
Promote Mental Health
The pandemic has changed workplace operations and policies. It not only increases the workload but also increases additional stressors.
Due to remote work through the pandemic, work-life and personal boundaries have blurred. Mental and physical health are closely interconnected, and if employees are overworked, overstressed, and burnt out, their immune systems are compromised. It puts them at a greater risk of getting infected and falling sick, despite being vaccinated.
Employers should continue providing continual mental support to employees through mental health counselors, allowing them to decompress through regular talks, events, and flexibility in office schedules.
As the world witnesses the Omicron variant cases rising steadily, employers are forced to rethink their plans to transition work from home to work in-office and revisit their strategies for a safe workplace for employees.
Download the personal loan app here, or simply log in to our website and be a part of the #OneSmallStep experience.
Whether unexpected or planned financial requirements, banks and NBFCs offer loans for all your urgent expenses. You can get a personal loan to cover all such costs, including:
Wedding expenses
Medical emergency
Unplanned or planned vacations
Cost of higher education
Big-ticket purchases
Home renovation, etc.
A few other reasons why personal loans are growing in demand include:
Versatility
Easy accessibility
No need to pledge collateral
No lengthy paperwork
Hassle-free approval
Read on to know how unsecured loans, like a loan on salary, allow you to access funds hassle-free without risking your valuable assets.
Eligibility Criteria for a Loan on a ₹30,000 Salary
The parameters differ from one lender to another and you must check before applying for credit.
Fulfilling the minimum eligibility requirements helps boost your likelihood of getting loan approval on suitable terms.
In terms of salary, most lenders require a minimum monthly salary of ₹25,000 to sanction a loan.
You may qualify with ease if you have a monthly income of ₹30,000.
Besides the income, here are the other parameters to note:
You must be an Indian resident
You must be between 21 years and 55 years of age
Benefits of Getting a Loan on a ₹30,000 Salary
Here are some advantages you can enjoy:
Ample Funding
The maximum loan amount approved by the lender depends on many factors, as follows:
Your monthly income
Employment type
Past credit behaviour
Repayment capacity and much more
Some lenders offer ₹5 lakhs or even higher, depending on your income.
Value for Money
Loans on salary provide affordability in various ways. They have competitive interest rates because of the low-risk component and you can choose your payback term to fit your budget.
Flexible Repayment Period
You can choose the repayment tenure that fits your finances and convenience. Furthermore, this allows you to customise your loan EMIs per your monthly budget.
Loan Without Security
Since personal loans are unsecured forms of credit, there’s no need to pledge any of your valuable assets as collateral. This way, you need not fear about losing your assets.
Quick Loan Processing
These forms of credit are quickly processed because they require little paperwork and formalities and do not need lengthy eligibility checks. Some lenders approve and sanction your loan within minutes, saving you valuable time in emergencies.
Convenience
You can apply for a loan from your home using your computer or smartphone. The eligibility criteria are straightforward and the documentation needs are minimal. You can complete the loan application online, including the KYC process, eliminating the need to visit the lender’s branch.
Boosts Credit Scores
Another benefit of such loans is that they can improve your credit score. Pay your EMIs on time and improve your credit score. This helps you stand out as a responsible borrower and creates a positive impact on your credit scores. They also help you diversify your credit, which helps enhance your credit score even more.
Application Process for a Loan with a ₹30,000 Salary
Here is the process to apply for a loan with a ₹30,000 salary
Step 1: Check your eligibility on the lender’s website
Step 2: Apply on the lender’s website or app for approval
Step 3: Submit the required documents once you get approval
Step 4: Complete the formalities and sign the documents
Step 5: Receive funds in your bank account after the loan disbursal
Note that your income plays a crucial role in your loan approval process. In addition, it helps the lender determine your repayment capacity, which further helps determine how much loan they are willing to give you.
That said, you can easily apply for ₹5 lakhs on Fibe without any end-use restrictions. Choosing Fibe allows you to leverage your ₹30,000 salary to get affordable interest rates starting from 2% per month.
Moreover, a simple and hassle-free application process is another advantage you can enjoy when you opt for a Fibe Personal Loan. Simply download Fibe’s Instant Loan App or visit the official website to apply now!
FAQs About Loan on a ₹30,000 Salary
How much loan can I get if my salary is ₹30,000?
The maximum amount depends upon various factors, such as:
Lender’s eligibility requirements
Credit history and behaviour
Your existing debts
Your age
Monthly income
Your credit score
What is the credit card limit for a ₹30,000 salary?
Most financial institutions offer a range between 1.5 and 3 times of your monthly salary.
You can get approval between ₹45,000 to ₹90,000 with a salary of ₹30,000, as decided by the card issuer.
Maintain an optimal credit score to increase your probability of getting a card with exclusive benefits
Getting a loan without a PAN card is possible if you can submit an alternate ID. With digital advancements in the financial sector, it has become easier to get credit. In fact, you can now apply for a loan on the lender’s website or a loan app without a PAN card.
While availing an online loan without a PAN card has become convenient and paperless, meeting the eligibility terms set by the lender is essential.
What is a PAN Card and When Do You Need It?
Your Permanent Account Number (PAN) is a 10-digit unique number given by the Income Tax Department to all taxpayers in India. The primary uses of the PAN card are listed below:
It tracks financial transactions carried out by citizens, thus reducing tax evasion.
PAN details must be shared when communicating with the Income Tax Department or paying income tax.
It is a mandatory document that banks and financial institutions require if you wish to:
The PAN card even serves as proof of age and identity
While a personal loan application requires the least documentation compared to other loan categories, most lenders require a PAN card. Using it, lenders check CIBIL scores and financial portfolios to approve loan requests. This card is linked to your financial profile, providing financial companies with details of the your creditworthiness.
The absence of such a key document can make the personal loan application process difficult. Does that mean you cannot apply for credit on the lender’s website or loan app without a PAN card? Not necessarily.
There are some options available to you:
Submit other ID like your Aadhaar card, voter ID, ration card or passport
Attach income proof like bank statements or salary slips to showcase repayment ability
For a loan of less than ₹50,000 loan, lenders may not need your PAN
Steps to Apply for a Loan Without a PAN Card
If you are without PAN card, loan application need not be very different. All you need to do is:
Step 3: Share accurate personal and financial details
Step 4: Wait for approval
Step 5: Get the loan amount credited to your account
The key to smooth approval is to apply for a smaller loan amount and showcase your financial ability.
Eligibility Criteria For Online Loan Without PAN Card
Here are the eligibility criteria for a personal loan without PAN card:
Age – 18 to 57
Income Proof – Bank statements and salary slips
Repayment Threshold – Minimum salary of ₹15,000 is required
Good Credit Score
Indian Citizenship Proof
ID Proof
Different Ways to Get a Loan without a PAN Card
The PAN card serves as a critical KYC document for financial institutions granting loans. Listed below are some ways to opt for an instant online loan without PAN card.
Have a Good Relationship With Your Lender
If you have a bank account or have borrowed previously, this can help you get approval on loan without PAN Card. This is because the institution may have your financial records already and may not need you to submit more documents.
In some cases, banks also offer pre-approved loans to their existing customers. Then, you don’t need to submit any documents for new loan applications. Regular loan payments and maintaining your account balance will build trust in your lender.
Maintain a Strong Credit Score
Lenders rely on CIBIL reports to determine your creditworthiness. A CIBIL score of 750 and above must be maintained to improve your chances of personal loan approval. Timely payment of bills and debt clearance usually assures a good score.
Aim for a Low Debt-to-Income Ratio
This signifies the ratio between your monthly debt and income. An ideal debt-to-income ratio would be 35% or below. To maintain a healthy ratio value, you must clear your existing loans at the earliest.
You must also ensure that your monthly EMI instalments fall maximum within the bracket of 30-40% of your total monthly income.
Maintain Transparency With Your Lender
Doing this will help provide your lender assurance about your financial ability to repay the borrowed funds. Details that you can share with your lender include:
Your monthly salary
Rental income, part-time work income, etc.
Bonus or work-related incentives received from your employer, etc.
Clear All Your Credit Card Bills on Time
If you have a credit card with the bank you wish to get a loan from, clear all your outstanding bills before applying for a loan. Ensure that no bill payments are delayed or missed. Missed payments indicate an inability to handle finances prudently and adversely affect your chances of being granted a personal loan.
Ensure You Meet the Lender’s Eligibility Criteria
Most lender have standard eligibility requirements, these are:
You must be a citizen of India within the age range of 21 to 60 years
You must be employed with your current company for at least six months
You must have at least 12 months of experience in your current field of work
You must be financially stable and draw a monthly salary (which meets your lender’s minimum salary requirements)
By meeting all these criteria, you can build trust and may get approval even with a PAN Card.
Submit Collateral or Apply With a Guarantor
You can negotiate with your bank to lend you money based on some security you provide as collateral. You can also include a trustworthy person as a guarantor when applying for your loan. While supporting your loan application, such an individual would be liable to repay your loan in the case of any default.
Approach a Non-banking Financial Company (NBFC)
NBFCs offer Personal Loans with simpler norms for lending. They have minimal documentation and moderate eligibility requirements, making them ideal for instant requirements.
If you want to get a loan without a PAN card, you may have to pay a higher interest. Some lenders may readily provide loans to borrowers without PAN Cards based on their Aadhaar Card and salary details.
Such deals, however, run the risk of being scams. It is important to research your options thoroughly. Getting a personal loan without a PAN card can be challenging but it is not impossible.
If you are looking for easy-to-meet criteria and instant disbursal, apply for an instant cash Loan with Fibe. With the easy digital loan application process, you can get up to ₹5 lakhs on our Personal Loan App or by logging in to our website.
FAQs on Loan Without PAN Card
Is PAN mandatory for cash payments?
A PAN Card is mandatory for all financial transactions exceeding ₹50,000.
What types of loans can be availed without a PAN card?
Most digital lenders and NBFCs allow you to apply for an instant loan without a PAN card if it is below ₹50,000.
Do digital lenders provide loans without a PAN card?
You may be able to complete a without PAN card loan application by choosing digital lenders and providing alternate forms of IDs. These include your Aadhaar Card, passport, bank statements, ration card and more.
Highlight: While compensation outshines all other motivating factors for a prospective employee, it is not the ultimate factor. The culture of the company is a necessary preservative for thriving recruits.
“The top predictor of workplace satisfaction is not pay: It is the culture and values of the organization, followed closely by the quality of senior leadership and the career opportunities at the company.”
~ Andrew Chamberlain, Chief Economist of Glassdoor.
It is indisputable how compensation is the primary motivator for any employee looking forward to finding their dream job. But the billion-dollar question – Is money alone enough?- has employers, all across the globe, grappling to find answers for long. Surely, money, at its finest, is merely an enabler and not a motivator. From the above-mentioned quote from Chamberlain, one can derive that company culture is the sustaining factor for employees of a thriving workspace.
Culture is more than just a “feel good” aspect of a company with incentives and happy hours. The cornerstone for unlocking a company’s success is being careful about building and maintaining an influential work culture.
To better understand the compensation vs. culture debate, let’s look at one of the oldest and most widely accepted motivation models – Maslow’s hierarchy of human needs.
Maslow’s hierarchy-of-needs paradigm highlights the importance of payscale at the lowest level of hierarchy. Money provides for the basic physiological and safety needs of existence, such as food, shelter, and warmth. Once the baser wants get satisfied, they no longer hold credence, the focus shifts to higher-level wants.
However, this is the least essential requirement for humans in the hierarchy of wants. Human beings want more significant goals that make them feel protected, appreciated, and most importantly, lead to personal growth and fulfillment.
Compensation helps employees to meet the first level of the hierarchy by allowing them to purchase the items they believe they require for a more fulfilling life. Employees are motivated to accept a job, work more, and provide their best when monetary rewards such as pay increases and bonuses are offered. Money’s utility, however, ends there.
Compensation will not be adequate if the rest of the workplace does not provide a supportive and cheerful atmosphere. After achieving financial wellbeing, only an empowered culture can lead to increased levels of employee engagement.
How money is not the sole medium for happiness
Andrew Chamberlain, CFO at Glassdoor mentions in a Harvard Business Review piece how it was clear that among the top six workplace factors that they examined, compensation and benefits were rated consistently lower than others. According to a 2010 study conducted by Princeton University researchers, having a better income enhances happiness by around $75,000 per year. Beyond that, increased money has no impact on happiness, and other factors take precedence.
Another research suggests monetary incentives, and prizes only promote transitory obedience. Why? Because these types of motivators don’t modify our attitudes, values, or commitments, they don’t change our fundamental behaviors. Factors such as skill enhancement, company culture, and recognition are highly influential to employee motivation, especially at a higher wage level.
How does the opinion of higher-paid officials differ from that of the lower-paid ones?
Although money isn’t the most important factor in employee happiness, a person’s job goals do shift as their income rises. Let us look at the results of this Glassdoor poll. While the majority of respondents choose business culture over money when it comes to workplace happiness, the poll finds that younger persons value corporate culture much more. In two of the four nations surveyed, millennials are more likely, than those aged 45 years and older, to choose culture over salary.
Referring to the Harvard Business review again, we find that for the lowest income group, the organization’s culture accounts for roughly 21.6% of worker satisfaction, but this climbs to 23.4% in the top income group. This implies that higher-paid employees want their employers to share their beliefs and promote a positive corporate image.
The report consequently emphasizes how workers at higher wage levels clearly value culture and long-term concerns such as leadership and growth prospects over day-to-day concerns such as pay and work-life balance- As a person’s pay increases, the predictive power of compensation and perks decreases dramatically, dropping to 9.8%.
Company culture is no longer a topic only addressed in closed meeting rooms or limited to current employees. It’s an area of employee concern globally. Before applying for a job, 41% of all candidates look for information on the corporate culture, according to Talent Board, a research agency that investigates the job seeker experience.
Employees and job seekers alike must have total visibility into how businesses operate. A positive corporate culture will attract and retain top people, a solid marker of long-term success. According to an American business journal, Gallup, a company’s long-term success depends on its ability to create an engaging culture. Disengaged workers cost organizations over $450 billion in lost productivity each year, and 95% of employees believe that culture is more important than pay.
Good reviews and transparency about how people are treated may be highly motivating and exciting. People who work in a suitable culture are happy and willing to go the extra mile to make things work.
Adequate compensation for greater retention
While it is now widely accepted that culture trumps compensation, this in no way diminishes the latter’s importance! If employees aren’t compensated appropriately, there’s a good likelihood they’ll start seeking work elsewhere. The talent battle is real, and only the best personnel can set a company apart from the competition.
If recruiters want their staff to provide their all, they should ensure that employees are fairly compensated and occasionally rewarded with monetary incentives. Pay must be reviewed and revised regularly in fast-paced organizations where employees expect much more. The worst-case scenario is when someone devotes their blood, sweat, and tears to a cause only to be underpaid for months.
There is no battle between a company’s culture and its compensation to its employees. For the holistic development of the company, it is crucial to find a balance between the two for retaining happy and efficient employees. Visit Fibe (Formerly EarlySalary), to sort your financial worries with instant loans and salary cards and read more such interesting blogs.
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Highlight: Here is all you need to know about getting a personal loan application approved without any security. Read on to learn more.
Lending without collateral is becoming popular nowadays as you can easily get the funds whenever needed. One of the common forms of collateral-free lending is personal loans, which are readily available from various financial institutions.
After submitting your personal loan application, the approval and disbursement process happens quickly. How you utilise the loan amount altogether depends on you. You can use it for several reasons, like:
Business needs
Luxury/abroad travel
Higher education
Personal purchases
Health-related crisis
Wedding
Home renovation
Read on to learn more about lending without collateral, its eligibility and document requirements.
What is a personal loan without collateral?
A bank or a lending institution gives a personal loan to address various financial needs. When you submit the loan application, the bank or the lender won’t examine the end-use.
The most convenient feature of this loan is that it doesn’t ask for security or collateral, meaning you don’t have to pledge any documents or assets as security for the loan. Therefore, these loans are more accessible than others. To qualify for personal loans without security, lenders consider certain aspects, like creditworthiness.
Generally, they assess your credit score, which determines your creditworthiness. A desirable credit score is 750 or above. Having a good credit rating and history shows that you are responsible for repaying your credit. This lowers the lender’s risk and increases your chances of getting a personal loan.
Eligibility criteria for a personal loan without collateral
Other than the credit qualifications, here are some general eligibility criteria for a personal loan with no collateral:
The applicant should be an Indian citizen
The desirable applicant’s age is between 20 and 60 years
The applicant should be either employed in an organisation or self-employed
Note: The eligibility criteria may vary from one lender to another.
Getting personal loans from banks is easier if you are an existing client since they already have your details, including your creditworthiness. This increases your chances of approval. Therefore, banks and lending institutions check the following parameters to assess your repayment capacity:
Salary or income
Flow of cash
Stability in business or work
Document requirements for a personal loan without collateral
The following is a general list of documents for a personal loan:
Proof of age, address, and identity
Passport-size pictures of the applicant
Duly filled loan application
Proof of income, like salary slips and bank statements
Steps to get a personal loan without collateral online
To avail of a personal loan from a bank, you can visit the lender’s branch and fill out the application form. Another way to avail a personal loan is through online lending portals and applications.
Here are the steps to follow to get a personal loan online:
Step 1: Download the lender’s application or visit their website
Step 2: Log in and fill out the loan application form with your personal and loan details
Step 3: Submit KYC documents like the Aadhaar card, PAN card, etc.
After you submit the form and required documents, the financial institution will assess your application and verify the documents. Upon approval, the financial institution will transfer the amount directly to your bank account.
Points to note when opting for a personal loan without collateral
Here are two commonly asked questions with answers regarding personal loans without security:
1.Does a personal loan without security/collateral accompany higher financing costs?
The financing costs of a personal loan, including the interest rates, depend on certain aspects, such as:
Credit profile and history
Required loan amount
Income proof and history
When such aspects are strong, you can get a loan on favourable financial terms.
2.How does the loan repayment process of personal loans without collateral work?
You can generally get personal loans for short or medium tenures. The loan term can range from 12 months to 60 months. The loan repayment process is also very similar to other types of loans. You repay it in equated monthly instalments (EMIs), which generally begin the month after the disbursement.
You can also adjust the EMI amount while getting the loan to ensure that it is more pocket-friendly. Moreover, checking the terms and conditions of the loan repayment process before proceeding is essential. This is because the foreclosure terms or charges for personal loans will differ.
Benefits of a personal loan without collateral
A personal loan without security is not only possible but is also easy to get. Personal loans have several benefits, like:
Easy application process
Flexible loan repayment tenure
No end-usage restrictions
Quicker approval and disbursal processes
In addition to these, online lending platforms allow you to get funding even without stepping out of the comfort of your home. They may even approve loans and transfer the amount to the bank account on the same day.
Fibe is a leading lender offering lending without collateral. You can get an Instant Personal Loan of up to ₹5 lakhs, that too, at affordable interest rates starting at 2% per month and without any collateral. All you have to do is meet the eligibility criteria and submit the required documents. Download the Fibe Instant Loan App or log in to our website to apply today!
FAQs on Getting Personal Loans Without Collateral
Can you borrow without collateral?
Yes, you can get a personal loan from money lenders without security requirements, like Fibe.
Can I get a personal loan without collateral?
Yes, you can avail of a personal loan without collateral easily from online lenders like Fibe.
What is the maximum loan amount I can get without collateral?
The maximum loan amount varies across lenders and depends on your creditworthiness. At Fibe, you can easily get a collateral-free personal loan of up to ₹5 lakhs.
