Top 7 Loan Apps – No Salary and Bank statement.

When we need financial assistance, a personal loan can be a great option. However, traditional banks and financial institutions often require salary slips and bank statements as proof of income and creditworthiness before approving a loan application. This can pose a problem for individuals who do not have these documents, especially freelancers, self-employed individuals, and students.

How can I get a loan without a bank statement and salary slip?

Personal Loan Without Salary Slip and Bank Statement: Prepare an alternate proof of income.,

  • Maintain a healthy credit score.,
  • Offer to pledge a property as security.,
  • Sign up for funding with a co-applicant.,
  • Find a lender with simple eligibility criteria.

Here are the 7 best loan apps in India without salary slip and bank statement:

Fortunately, there are several loan apps in India that do not require salary slips or bank statements for personal loans. These apps use alternative methods to determine creditworthiness, such as analyzing the applicant’s transaction history, digital footprint, and other personal details. This makes it easier for individuals without a fixed income or a credit history to avail of loans and meet their financial needs.

1. MoneyTap

One of the best loan apps in India without salary slips and bank statements is MoneyTap. This app offers personal loans up to Rs 5 lakh at competitive interest rates, with flexible repayment tenures of up to 36 months. The application process is simple, and borrowers can get approval in just a few minutes.

2. PaySense

PaySense is another popular loan app that partners with reputed banks and financial institutions to provide personal loans between Rs 5,000 to Rs 5 lakh. The app offers quick disbursal and a maximum repayment tenure of 60 months.

3. Nira

Nira is another instant loan app that offers personal loans without a CIBIL score. The app uses an AI-based credit scoring system to analyze the applicant’s financial history and determine creditworthiness. The app offers loans up to Rs 5 lakh at interest rates ranging from 1.5% to 2.5% per month.

4. Kisht

Kisht is a quick loan app that offers a QR-based credit line within five minutes. The app requires only an Aadhaar card for eligibility verification, and loans up to a maximum of Rs 2 lakh are available at interest rates ranging from 14% to 30% per annum. Smart Coin is another popular loan app that provides small loans of up to Rs 70,000 to low and middle-income groups. The app offers instant personal loans based on PAN and Aadhaar cards only and requires no collateral.

5. Dhani Card

Dhani Card is an instant personal loan app that offers loans up to Rs 5 lakh at interest rates ranging from 1% to 3.17% per month. The app offers a credit line of up to Rs 5 lakh at a 0% interest rate without linking your bank account. Additionally, users can access unlimited doctors on payment of a fixed nominal monthly fee.

6. mPokket

mPokket is a short-term instant personal loan app for students and salaried workers that offers loans ranging from Rs 500 to Rs 30,000 at interest rates starting from 3.5% per month. The loan approval process is entirely online, and disbursement usually takes around 24 hours.

To avail of loans from these apps, applicants must fulfill certain eligibility criteria, such as being a resident of India, having a minimum age of 18 years, and having a valid PAN card and Aadhaar card. The specific criteria may vary depending on the app and the loan amount.


Loan apps without salary slips and bank statements can be a lifesaver for individuals who do not have a fixed income or a credit history. These apps offer quick and convenient loans with flexible repayment options and competitive interest rates. However, it is essential to read the terms and conditions carefully before applying for a loan and to ensure that the app is reputable and secure.

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