Personal Loan Without Salary Slip: 5 Documents That Can Help You
Need a personal loan but don’t have a salary slip? Don’t worry! Banks and NBFCs now accept alternative documents to assess your repayment capacity. Here’s what you can use:1. bank Statements· Provide 6–12 months of bank statements to show regular income and financial stability.2. Income Tax Returns (ITR)· ITR copies prove your income and tax compliance, especially for self-employed individuals.3. business or Professional License· Self-employed applicants can submit a business registration certificate, GST registration, or professional license.4. Form 16 or Form 26AS· Even without salary slips, Form 16 from employers or Form 26AS from the income tax department can validate income.5. Other Income Proofs· Rental income agreements, dividend statements, or pension documents can also support your loan application.✅ Final TakeawayGetting a personal loan without a salary slip is now easier than ever. With these alternative documents, banks and NBFCs can still assess your eligibility and provide funds quickly. Disclaimer:The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk.