Eligibility Criteria for Small Loan App Without Salary Slip
- Resident: Applicant must be a resident of India.
- 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.
- Minimum Salary: Zetloan requires a minimum monthly salary between ₹15,000 and ₹30,000 or more, depending on your loan amount and eligibility.
- Age of applicant: Applicants must be between 21 and 50 years old.
- 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.
- 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
- Identity Proof: A government-issued ID such as Aadhar card, passport, voter ID, or driver’s license.
- Address Proof: Documents like Aadhar card, passport, utility bills, or rental agreement to verify your address.
- Photograph: A recent passport-sized photograph and a Selfie photo
- 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.
- 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.
- Bank Account Details: Bank account information for loan disbursal and repayment.
- CIBIL Score: While CIBIL score details may not be directly required to submit the application, your credit score will be checked during loan processing.
How to Apply on Zetloan for Small Personal Loan?
Applying for a small personal loan online is simple and completely digital. Follow these easy steps to get quick approval and disbursal:
- Download the Loan App
Download the Zetloan App form our website or visit our official website to apply online - Register with Your Mobile Number
Sign up using your active mobile number and complete OTP verification. - Complete KYC Verification
Upload basic documents like PAN card, Aadhaar card, and a selfie to complete KYC. - Enter Income & Bank Details
Provide proof of income (like salary slip or bank statement) and your active bank account details. - Select Loan Amount & Tenure
Choose your desired loan amount (₹1,000 to ₹3,000) and set the repayment period to 7 days. - Submit the Application
Review your details and submit your loan request for approval. - Get Instant Disbursal
Once approved, the amount is instantly credited to your bank account often within minutes!