How to Apply Personal Loan Without Income Proof in 2025

A personal loan is one of the easiest unsecured loans you can get for umpteen expenses. You don’t require collateral to get a personal loan from a lender. Basic documents like your identity and address proof along with your income proof are more than enough for processing your loan application. Usually, banks or lenders consider consecutive three months’ salary slip as income proof. While this document may be easy for a salaried person to present, it can be difficult for a freelancer or an individual who has other sources of income. In such cases, you might find getting an instant personal loan without income proof difficult.

Get instant Personal Loan up to ₹9,00,000 on Airtel Thanks App

How to get personal loan without income proof?

Not all lenders provide a personal loan with no proof of income. Salary slips, bank statements, and ITR are some of the documents required to verify an individual’s income and repayment ability. If you are a salaried individual, you will have to provide the last 3 months’ salary slips. In case, you are a self-employed individual or have other sources of income, you will need to provide bank statements and ITR for the loan application otherwise instant loan without documents won’t be possible.

Eligibility for an instant personal loan without income proof

You need to fulfill the following parameters to get personal loans for self employed with no proof of income:

Money View instant personal loan:

In-hand income of Rs. 15,000.
Income should be credited directly to the borrower’s account.
Minimum CIBIL of 600 and Experian score of 650.
Age limit: 21 – 57 years

IDFC First Bank personal loan:

Business should be in operation for 3 years
Age Limit: 25 – 65 years

DMI Finance personal loan:

DMI Finance hasn’t revealed the eligibility criteria for personal loan without salary slip or other documents for self-employed individuals . Although, the NBFC does offer personal loans to self-employed individuals.

Now, let’s take a look at the documents required for getting a urgent cash loan without documents.

Documents required for an instant personal loan without income proof

You will have to produce the following documents: For Money View, produce the following documents:

Last 3 months’ bank statements showing income credit
Identity proof (Aadhaar, Indian passport, Voter ID, Driver’s License)
Address proof (Indian Passport, Voter ID, Aadhaar card, Driver’s license, Utility bills)

No ITR is needed.

For IDFC First Bank, produce the following documents:

Identity Proof
Address Proof
Bank statement for the last 3 months in a PDF format

For DMI Finance, produce the following documents:

Identity Proof (Passport, Aadhaar Card, Driving License, Voter’s ID)
Address Proof (Aadhaar card, Ration Card, Passport, Driving license)
Residence Proof (Property documents, electricity bill, maintenance bill)
Bank statements and income proof – Audited balance sheet and P&L accounts

You can easily get the best personal loan without income proof with Airtel Flexi Credit.

How to apply for personal loans from Airtel Flexi Credit?

Here’s how you can apply for a personal loan or urgent cash loan without salary slip from Airtel Flexi Credit:

Download the Airtel Thanks app.
Head to the Shop section in the app.
Locate the financial services tab and tap on it.
You will see various services available. Tap on the personal loan tab.
Check if you are eligible for a personal loan by entering your PAN details.
Once done, you will see the best loan offers for you.
Select one and start your loan application. Enter the relevant details and submit the required documents online easily.
Hit submit.
Once approved, the loan amount will be disbursed within 24 hours of the approval.

Also read: How to improve your Credit score – Complete guide

The personal loans range between Rs. 10,000 to Rs. 9,00,000. The loan tenor is flexible ranging from 3 months to 42 months. You can use the personal loan EMI calculator to check the EMI amount according to the loan amount and loan tenure. The option is available on the app and the website. It is a loan app without income proof.

We highly recommend keeping your credit score above 700 for instant and easy approvals. If you have no proof of income loans, maintaining a good credit score and a decent relationship with lending partners can definitely help you negotiate lower interest rates.

Also read: How to improve your Credit score – Complete guide

Get instant Personal Loan up to ₹9,00,000 on Airtel Thanks App

FAQs

1. How can I get a personal loan without income proof?

In the absence of traditional income proof, some lenders assess your eligibility using alternative criteria, including bank statements from the last 3-6 months, credit score (typically 650+), and overall financial footprint. Apply through the Airtel Thanks app by uploading KYC documents and bank statements instead of salary slips.

2. Do all lenders provide personal loans without income proof?

No, not all lenders offer loans without proof of income. Most require salary slips or ITR documentation. However, some evaluate applicants based on existing loans, credit cards, repayment behaviour, and alternate data footprints like digital transactions. First-time applicants without formal income proof must demonstrate credible financial activity through steady bank credits and consistent digital payment patterns to qualify for such loans.

3. What eligibility criteria must self-employed individuals meet for a personal loan without income proof?

Self-employed individuals must be aged 21-65 years with a credit score of 650+, a business vintage of 2-3 years, and an annual revenue of ₹5 lakh or more. You’ll need to provide bank statements showing consistent cash flow for 6-12 months, along with KYC documents (Aadhaar, PAN), business ownership proof, and GST returns if applicable. Different lenders may have varying requirements.

4. Which lenders offer personal loans without income proof through Airtel Flexi Credit?

The Airtel Flexi Credit partners offer personal loans without traditional income proof and evaluate your application using alternative criteria such as credit score, banking behaviour, and business documentation rather than requiring salary slips or ITR. Each partner may have different eligibility requirements and loan terms.

5. How can I apply for a personal loan without income proof through the Airtel Thanks app?

Download the Airtel Thanks app and navigate to ‘Shop’ > ‘Financial Services’ > ‘Personal Loan’. Submit your PAN details for an eligibility check, choose your preferred loan offer, and upload required documents like KYC and bank statements. Submit your application digitally through the app. Approval and disbursal typically occur within 24 hours post-approval through this streamlined digital process.

6. How quickly is a personal loan disbursed through Airtel Flexi Credit?

Personal loans through Airtel Flexi Credit are typically disbursed within 24 hours of approval. For certain products like loans against fixed deposits, disbursal can be even faster—within one hour. The entire process is digital and streamlined, ensuring quick access to funds once your application meets the eligibility criteria and documentation requirements.

7. What is the range of loan amounts and tenure for personal loans without income proof?

Airtel Finance offers personal loans up to ₹9 lakh with flexible tenure options ranging from 3 to 60 months. However, eligibility typically requires a minimum monthly income of ₹25,000 and a credit score of 650+. For collateralised options like loans against fixed deposits, different amounts may be available based on asset value, with specific terms varying by lender partner.