Freelancers: Get Personal Loans Without Salary Slips! Here's How

• Banks now prioritize income regularity and financial health over salary slips for freelancers.
• Key eligibility: 1-2 years freelancing history, consistent bank account inflow, good credit score (750+ ideal).
• Required documents include PAN, ID, 6-12 months bank statements, ITR, and GST (if applicable).
• Interest rates for freelancers typically range from 9.9% to 26%, potentially higher than salaried individuals.
• Improve chances by maintaining a stable income, timely EMI payments, and less credit card usage.

Why It Matters: Freelancers can secure personal loans by demonstrating consistent income, strong financial health, and a good credit score.