Personal loans have become one of the most vital financial tools these days. It can help you fulfill and cover an array of your requirements. Some of the needs may include an upcoming marriage, medical emergencies, vacations, business expansions and more.
Anyone who is facing some urgent cash crunches may apply for personal loans and grab higher amounts from leading banks, NBFCs and other lenders. However, to avail loan, you need to meet the personal loan eligibility criteria of a lender. As a result, one may need to furnish KYC documents, Salary Slips, bank statements and more.
But, what if you get to know that you can apply for a personal loan for salaried person without income proof? Yes, you can now go ahead and apply for a personal loan without income proof with leading lenders.
Known financial agencies now offer the facility of a personal loan without income proof to their existing and selective customers.
You only need to share your basic details such as your name, contact number and email ID to check out your pre-approved personal loan offer and apply for a quick loan.
You can get up to Rs.10 lakh from renowned lenders under the personal loan without income proof facility. You don’t need to pledge any collateral and can repay it over a convenient tenor with ease.
What is a No Income Proof Personal Loan?
A personal loan is an unsecured loan type that needs a set of documents such as KYC documents and income proofs. Nonetheless, if you are an existing customer of a lender, then you can enjoy applying for a personal loan for salaried person without income proof. You will only need to submit some basic documents and meet the lender’s personal loan eligibility criteria.
Who is Eligible For a Personal Loan Without Income Proof?
You should be an existing customer of a lender/bank, aged between 23-55 years, an Indian resident and should be a working professional to become eligible.
Must Read: Looking For a Personal Loan? Keep These Things in Mind
What Are The Benefits of a Personal Loan Without Income Proof?
You can enjoy reaping many benefits while applying for the personal loan without income proof facility. Have a look.
1. Quick Approvals
You don’t need to wait for a long time to get the loan approval. You can avail the required money without delays as many lenders have a hassle-free processing and instant approvals.
2. Negligible Documentation
You only need to submit some basic documents and fulfill the personal loan eligibility criteria to avail the personal loan without income proof and get it approved in no time.
3. Instant Disbursals
Once you have the loan approval, then you can expect to get the loan money credited into your bank account within 72 hours.
4. Flexible Tenor
You have the freedom to spread the cost of your availed personal loan for a salaried persons over a tenor ranging 12-60 months and never stress your other outlays.
5. Online Loan Account Access
Once you have availed the loan, you don’t need to visit your lender to know about the details or the progress of it. Creditors let you access their digital customer portals to track and monitor the details and progress of your loan account from anywhere and 24/7.
How to Apply For a Personal Loan Without Income Proof?
Applying for a personal loan without income proof is dead easy as you can complete the application for your pre-approved personal loan by following some simple steps:
- Provide your mobile number
- Feed your email ID
- Mention the amount that you wish to borrow
- Check the ‘I Authorize’ box
- Click on ‘Apply Now’
- A customer care agent from the loan company will contact you soon to further process personal loans’ application
If you are a customer of a known lender and wish to grab an instant loan without income proof, then you can apply for it and fund your needs effortlessly.
Must Read: 5 Do’s To Consider Before Taking A Personal Loan
No comments:
Post a comment