Can I get a personal loan if I am unemployed?

Loans for Unemployed People with No Income Well, the answer is yes they can. The unemployed individuals with no income can avail a secured loan. Yes, taking a secured personal loan, it is one of the smartest options that allows an individual to fulfill his varied needs.

How can I get a personal loan with no income?

How to get a Personal Loan without a salary slip in India

  1. Produce an alternate proof of income.
  2. Maintain a healthy credit score.
  3. Offer to pledge an asset as security.
  4. Sign up for funding with a co-applicant.
  5. Find a lender with simple eligibility terms.

How can I get a loan if im not working?

  1. Secured loans. Individuals without a steady source of income can get a secured loan if they own a property.
  2. Secured personal loans. People with no stable source of income but a high credit score can also opt for a secured personal loan for unemployed.
  3. Loans through government schemes.

How can I get 5000 rupees fast?

How to Apply for a Rs. 5000 Loan from Money View

  1. Check Your Eligibility. Visit the Money View website or download the loan app provide all the details required.
  2. Choose Your Loan Plan.
  3. Provide Documents.
  4. 24 hour Loan Disbursal.

Can I make fake salary slip for loan?

Legal prosecution: If someone manages to fake pay slip and get loan, then lender has complete authority to take legal route if this is cross verified. And if this happens, individual’s future will be at risk. And probability is extremely high that no employer will offer job in the future.

Which app gives instant loan without salary slip?

Recently, PaySense has merged with LazyPay. Nira ranks among the best instant loan apps in India without salary slips because of its instant approvals, simple registration process, and availability of loans without a CIBIL score. Nira automatically assesses your credit score based on the documents submitted online.

Can I get a bank loan without a job?

If you’re applying for a personal loan without a job, lenders might still require proof of income. But it doesn’t necessarily have to be income from an employer. So if you’re wondering how to get a loan without a job, you might want to think about whether your alternative sources of income can support a loan payment.