If you are looking to get an instant loan without a salary slip, you have come to the right place. All you need is your bank statement and Money View will do the rest. Read on to know more.

How to Get an Instant Personal Loan without Salary Slip

The steps to avail a personal loan without a salary slip are quite simple. Money View, a leading personal loan provider offers loans at competitive prices, minimal documentation, and even for those with a relatively low income.

Money View has created an alternate credit model to help people with low income or low credit scores get personal loans in India.

Eligibility Criteria For Instant Personal Loans without Salary Slip

Given below are the eligibility criteria for Money View instant loans -

For Salaried Individuals

  • Applicants must be between 21 years and 57 years
  • Income must be credited directly to the applicants’ bank account
  • Minimum in-hand Income and Credit Score requirement is as follows -
Income and Credit Score Eligibility Criteria
Salaried Individuals
Minimum In-Hand Income Area of Residence CIBIL Credit Score Requirement
Rs 13,500 Any CIBIL Score of 600 /Experian Score of 650 and above
Rs 20,000 Mumbai/Thane or the NCR region (Delhi, Noida, Gurgaon, Ghaziabad, Faridabad, etc.) New to Credit or CIBIL Score of 600 /Experian Score of 650 and above
Rs 15,000 Metro City other than Mumbai and NCR CIBIL Score of 600 /Experian Score of 650 and above

For Self-Employed Individuals

  • Applicants must have a minimum In-hand income of Rs. 15,000 per month
  • Income must be directly credited to the applicants’ bank account
  • A minimum CIBIL score of 600 or more or Experian score 650 or more
  • Applicants must be between the ages of 21 years and 57 years

Steps to Apply for an Instant Personal Loan without Salary Slip from Money View

The process of applying for an instant loan from Money View is very simple and hassle-free.

You will only need to follow these 4 simple steps given below:

Step 1: Visit the Money View website or download the app and submit your personal details to check your loan eligibility within 2 minutes.

Step 2: Select the instant loan offer and a repayment plan of your choice

Step 3: Upload all the required documents digitally

Step 4: Upon approval, get the loan amount in your account directly within 24 working hours

Documents Required for Personal Loan without Salary Slip

Given below are the documents required for both salaried as well as self-employed applicants.

  • Identity Proof
    Please upload any one of the following documents -
    • PAN Card (This is the primary ID proof required. However, if it is rejected due to image quality issues or other reasons, any of the officially valid documents given below will suffice)
    • Aadhaar Card
    • Valid Indian Passport
    • Valid Voter ID
    • Valid Driver’s License
  • Address Proof
    Please upload any one of the following documents -
    • PAN Card (This is the primary ID proof required. However, if it is rejected due to image quality issues or other reasons, any of the officially valid documents given below will suffice)
    • Aadhaar Card
    • Valid Indian Passport
    • Valid Voter ID
    • Valid Driver’s License
    • Utility Bills (Electricity, Water, Gas) dated within the last 60 days
  • Income Proof
    PLast 3 months’ bank statements of your salary account in PDF format showing salary credits
  • Identity Proof
    Please upload any one of the following documents -
    • PAN Card (This is the primary ID proof required. However, if it is rejected due to image quality issues or other reasons, any of the officially valid documents given below will suffice)
    • Aadhaar Card
    • Valid Indian Passport
    • Valid Voter ID
    • Valid Driver’s License
  • Address Proof
    Please upload any one of the following documents -
    • PAN Card (This is the primary ID proof required. However, if it is rejected due to image quality issues or other reasons, any of the officially valid documents given below will suffice)
    • Aadhaar Card
    • Valid Indian Passport
    • Valid Voter ID
    • Valid Driver’s License
    • Utility Bills (Electricity, Water, Gas) dated within the last 60 days
  • Income Proof
    Please upload the following document - Last 3 months’ bank statements in PDF format

→ Please ensure that the documents listed above are officially valid at the time of submission of your loan application.
→ Also, if you are able to clear the oKYC process during your application flow, the document requirement will be minimal.
→ All of the necessary documents can be uploaded online. While uploading the documents, ensure that all details are clearly visible.

In Conclusion

As mentioned above, applicants can now get an instant personal loan without having to provide their salary slips as their bank statement with information regarding their salary credits is a suitable income proof. Additionally, even if you have a relatively low credit score, you can still apply for the same. Visit the Money View website or download the app to apply today.

Frequently Asked Questions (FAQ)

You can get a personal loan without a salary slip from Money View. Visit the website or download the app, check your eligibility, apply for the desired amount and submit your documents including ID proof, address proof, and your bank statement containing details about your salary credit. Once your application is approved, you will receive the loan amount within 24 hours.

If you wish to apply for an instant personal loan (or sometimes even referred to as a cash loan by some), you will need to fulfill the following income requirement -

  • A minimum monthly in-hand income of Rs. 13,500 or more for salaried individuals
  • A minimum monthly in-hand income of Rs. 15,000 or more for self-employed applicants

You can avail an instant personal loan from Money View without your salary slip but we will require your bank statement that contains details of your salary credits. Without this, we will not be able to provide the loan for you.