7 Best Loan App for Loans without Salary Slip

Personal Loans without Salary Slips using Loan Apps. Learn about the Process and Check your eligibility Now!

19 Jun,2023 16:50 IST 3168
7 Best Loan App for Loans without Salary Slip

There may be a situation where you require immediate money and you apply for an instant loan. In such cases, loan apps are very helpful which disburse the loan amount directly to your account quickly and without much documentation. The emergence of various loan lending apps has made the process of obtaining a loan easily from anywhere and at any time.

Most lenders require an extensive list of documents for personal loan which includes a salary slip. But what if you don’t have one?

The good news is that you can still get an instant loan without salary slip.

Ways To Get An Instant Personal Loan Without A Salary Slip

• Provide Alternate Proof Of Income –

Though you may not be having a salary slip but still there are other documents like bank statement, ITRs or income certificate that can be used as proof of income. You may submit any one of these.

• Have A Good Relationship With The Lender –

If the lender is sure of your repayment ability you will get the loan even without the necessary documents. If you and the lender have a good professional relationship then there are chances that you may not be required to submit your salary slip.

• Have A Good CIBIL Score –

A high CIBIL score of 750 or above proves your creditworthiness and reflects that you are a responsible borrower. With a high credit score the lender may approve your loan even if you are unable to provide the salary slip.

• Apply For A Secured Loan –

Providing a collateral security when applying for a loan will reduce the risk of the lender who may then approve your loan without a salary slip.

• Apply With A Co-Applicant –

In case you are not able to provide salary slip or other proof of income then it is a good option to apply for the loan with a co-applicant. It will also be advantageous if the co-applicant is having a good credit score.

• Choose A Lender That Requires Minimal Documentation –

There are many online loan apps which provide instant personal loans with minimal documentation. You may choose any one of them to provide you an instant personal loan without having you provide a salary slip.
Zaroorat aapki. Personal Loan Humara
Apply Now

Instant Loan Apps Without Salary Slip In India

As a borrower you should choose a lender/ loan app which provides the following benefits –

• Quick approvals and disbursals
• High degree of flexibility and easy eligibility norms
• No collateral requirement
• Convenient documentation
• User-friendly features

Following are some of the apps which give instant loan without you providing salary slip

• IIFL Loans Mobile App -

It can be downloaded from Play Store and can be used to apply for new loan, including personal loan and business loan with end-to-end digital journey. You can also use it to check your credit score, apply for mutual funds, trading accounts and even insurance. The details of all your loan accounts can be viewed on the app. You can also use the IIFL Loans Mobile App to make payment, top-up a loan or take an instant loan.

• PaySense –

PaySense have partnerships with reputed banks to provide instant loans ranging from Rs.5000 to Rs.5 lakhs. These loans can be used to cover any financial need. The repayment tenure varies from 3 – 60 months. They charge a processing fee of 2.5% of the loan amount and GST.

• CASHe Personal Loan –

This lending app provides loans up to Rs.4 lakhs. The tenure varies from 3 – 18 months. Though these are unsecured loans they charge a processing fee of 3% of the loan amount.

• EarlySalary –

This app lets you borrow a loan of Rs.5 lakhs and pay it back with manageable EMIs. They charge a processing fee of 3% of the loan amount and the maximum tenure is 18 months.

• Nira –

Nira is one of the popular apps that lend a loan without salary slip. It provides rapid approvals, easy registration process and availability of loans without CIBIL score. Based on the documents you provided, it automatically evaluates you credit score. The loan amount varies from Rs.3000 to Rs.5 lakhs. The repayment tenure can be extended if needed.

• mPokket Loan –

This app is best suited to students and salaried people to avail a short term loan to meet their financial needs immediately. With a low interest rate it provides a loan of Rs.500 to Rs.30000. Students need to submit their ID proof while salaried people need to provide their pay stubs to avail a loan. The loan approval and acceptance process is fully online. Disbursements generally takes a day and can be done directly to the borrower’s digital wallet like PayTM so the borrower need not open a bank account.

• Home Credit –

Home Credit requires PAN card and other ID/address proofs to approve a loan of amount up to Rs.2 Lakhs. The loan amount largely depends upon the credit score but this app also provides loan to those who do not have any credit score. The loan is repayable over 26 months.

Eligibility Criteria For Personal Loan Without Salary Slip

• Applicant must be between 21 and 57 years
• Applicant must be an Indian citizen
• Income of the applicant must be credited directly to the applicant’s bank account.
• A good credit score and credit history

How To Apply For Personal Loan Without Salary Slip

• Choose an online lending app
• Fill in your details to know about your eligibility
• Select instant loan and repayment plan of your choice
• Upload all the required documents digitally
• Upon approval, get the loan amount disbursed directly to your bank account.


Personal loans have become popular because they are available quickly without much documentation and the fact that they can be used for any end purpose. In addition, the lack of collateral and easy repayment terms makes them an instant hit with people.

With a user-friendly interface, IIFL Finance disburses loans quickly that can fulfil your personal or professional needs. These loans enable borrowers to comfortably deal with financial emergencies. The loan application process of IIFL Finance is simple and requires little paperwork and can be completed entirely online.

Zaroorat aapki. Personal Loan Humara
Apply Now

Disclaimer: The information contained in this post is for general information purposes only. IIFL Finance Limited (including its associates and affiliates) ("the Company") assumes no liability or responsibility for any errors or omissions in the contents of this post and under no circumstances shall the Company be liable for any damage, loss, injury or disappointment etc. suffered by any reader. All information in this post is provided "as is", with no guarantee of completeness, accuracy, timeliness or of the results etc. obtained from the use of this information, and without warranty of any kind, express or implied, including, but not limited to warranties of performance, merchantability and fitness for a particular purpose. Given the changing nature of laws, rules and regulations, there may be delays, omissions or inaccuracies in the information contained in this post. The information on this post is provided with the understanding that the Company is not herein engaged in rendering legal, accounting, tax, or other professional advice and services. As such, it should not be used as a substitute for consultation with professional accounting, tax, legal or other competent advisers. This post may contain views and opinions which are those of the authors and do not necessarily reflect the official policy or position of any other agency or organization. This post may also contain links to external websites that are not provided or maintained by or in any way affiliated with the Company and the Company does not guarantee the accuracy, relevance, timeliness, or completeness of any information on these external websites. Any/ all (Gold/ Personal/ Business) loan product specifications and information that maybe stated in this post are subject to change from time to time, readers are advised to reach out to the Company for current specifications of the said (Gold/ Personal/ Business) loan.

Most Read

Check the Difference Between 24k and 22k Gold
9 Jan,2024 09:26 IST
Like 7310 7310 Likes
Franking and Stamping: What’s the difference?
14 Aug,2017 03:45 IST
Like 8716 8716 Likes
Why Gold Is Cheaper In Kerala?
15 Feb,2024 09:35 IST
Like 5257 1802 Likes
Personal Loan With Low CIBIL Score
21 Jun,2022 09:38 IST
Like 7567 7567 Likes

Get in Touch

By clicking on Apply Now button on the page, you authorize IIFL & its representatives to inform you about various products, offers and services provided by IIFL through any mode including telephone calls, SMS, letters, whatsapp etc.You confirm that laws in relation to unsolicited communication referred in 'National Do Not Call Registry' as laid down by 'Telecom Regulatory Authority of India' will not be applicable for such information/communication.
I accept the Terms and Conditions