Best Small Loan app Without Salary Slip - Apply Online

Eligibility Criteria for Small Loan App Without Salary Slip

1. Resident: Applicant must be a resident of India.
2. Employment Status: Must be employed in a reputable company (public or private sector). Zetloan also offers quick personal loans to individuals working in startups, provided they have been employed for at least 6 months with their current employer.
3. Minimum Salary: Zetloan requires a minimum monthly salary between ₹15,000 and ₹30,000 or more, depending on your loan amount and eligibility.
4. Age of applicant: Applicants must be between 21 and 50 years old.
5. Credit Score: A credit score of 700 or higher is required. A higher score will help you secure better loan terms, such as a lower interest rate.
6. Work Experience: At least 1-2 years of work experience, with a stable record at your current employer, is typically required.

Document Requirements for Small Loan App Without Salary Slip

1. Identity Proof: A government-issued ID such as Aadhar card, passport, voter ID, or driver’s license.
2. Address Proof: Documents like Aadhar card, passport, utility bills, or rental agreement to verify your address.
3. Photograph: A recent passport-sized photograph and a Selfie photo
4. Income Proof: Though no salary slip is required for some loans, you may need to provide bank statements (usually for the past 6 months to 1 year ) and your Job Confirmation Letter from your company.
5. Employment Proof: For salaried individuals, employment confirmation from your company or an employee ID may be required. For freelancers or self-employed, additional proof of income like tax returns may be needed.
6. Bank Account Details: Bank account information for loan disbursal and repayment.
7. CIBIL Score: While CIBIL score details may not be directly required to submit the application, your credit score will be checked during loan processing.