Document Types and Document Categories Required for Loan Origination
During the loan origination process, you must collect various documents from your loan applicants. It’s essential to categorize and organize these documents to ensure a smooth workflow.
Required Editions
| Available in: Lightning Experience |
| Available in: Professional, Enterprise, and Unlimited Editions |
To support the loan origination process, create these document typed and document categories.
| Document Category | Document Type | Required | Stored As Document Checklist Item Against | Used In |
|---|---|---|---|---|
| Proof of Identity | PAN Card, Driving License, Passport, Redacted Aadhaar | Yes | Party Profile | Digital Lending–India:ApplicationFormOnboarding,Digital Lending–India:AdditionalApplicantOnboarding(Discovery Framework Omniscripts) |
| Proof of Address | Redacted Aadhaar, Driving License, Utility Bills, Passport | Yes | Party Profile | Digital Lending–India:ApplicationFormOnboarding,Digital Lending–India:AdditionalApplicantOnboarding(Discovery Framework Omniscripts) |
| Photograph | Photograph | Yes | Party Profile | Digital Lending–India:ApplicationFormOnboarding,Digital Lending–India:AdditionalApplicantOnboarding(Discovery Framework Omniscripts) |
| Proof of Employment | Certificate of Employment, Salary Slips, Income Statements | Optional | Applicant | Digital Lending–India:ApplicationFormOnboarding,Digital Lending–India:AdditionalApplicantOnboarding(Discovery Framework Omniscripts) |
| Proof of Income | Bank Statements, Salary Slips, ITR V, Form 16 | Optional | Applicant | Digital Lending–India:ApplicationFormOnboarding,Digital Lending–India:AdditionalApplicantOnboarding(Discovery Framework Omniscripts) |
| Tax Proof | Form 16, ITR-V | Yes | Applicant | Digital Lending–India:ApplicationFormOnboarding,Digital Lending–India:AdditionalApplicantOnboarding(Discovery Framework Omniscripts) |
| Loan Product Related Documents | Property Tax Certificate, Registration Certificate | Yes | Applicant | Digital Lending–India:ApplicationFormOnboarding,Digital Lending–India:AdditionalApplicantOnboarding(Discovery Framework Omniscripts) |
| Application Form Product Related Document | PropertyCert | Yes | ApplicationForm | Digital Lending–India:ApplicationFormOnboarding,Digital Lending–India:AdditionalApplicantOnboarding(Discovery Framework Omniscripts) |
| Application Form Product Related Document | RC_Certificate | Yes | ApplicationForm | Digital Lending–India:ApplicationFormOnboarding,Digital Lending–India:AdditionalApplicantOnboarding(Discovery Framework Omniscripts) |
| Application Form Product Related Document | Post-dated Cheques | Yes | Applicant | DigitalLendingIndia_PreDisbursementOps OmniScript when the user selects Cheque as the EMI Payment Mode. |
| — | Signature | Yes | Applicant | DigitalLendingIndia: ApplicationFormOnboarding OS and DigitalLendingIndia: AdditionalApplicantsOnboarding OS |
Did this article solve your issue?
Let us know so we can improve!
