No Income Proof? Get a Personal Loan: What You Need to Know

• Most banks require income proof for unsecured personal loans due to higher risk without it.
• A strong CIBIL score (750+) and good payment history can help secure a loan without formal income proof.
• Self-employed individuals can use GST returns, bank inflows, or business registration as alternatives.
• Existing banks may offer pre-approved loans based on steady transaction history in savings accounts.
• Secured options like gold loans or loans against FDs are easier to obtain without income proof but often come with higher interest rates and smaller amounts.