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loan apps without bank statement: Getting a personal loan becomes a challenge for those who do not have a bank statement. Luckily, certain loan apps do not need a bank statement and applicants with alternative income proofs like salary slips, Aadhaar or PAN card can get instant loans.
Top 7 Loan Apps That Provide Loans Without Bank Statements
| App Name | Loan Amount | Interest Rate | Documents Required | Approval Time |
|---|---|---|---|---|
| KreditBee | ₹1,000 – ₹4 Lakhs | 0% – 29.95% p.a. | Aadhaar, PAN, selfie, salary slip (optional) | Within 10 minutes |
| mPokket | ₹500 – ₹30,000 | 18% – 30% p.a. | College ID (for students) / Salary slip (optional) | 10–15 minutes |
| LazyPay | ₹10,000 – ₹1 Lakh | 15% – 28% p.a. | PAN, Aadhaar, address proof | Within 24 hours |
| PaySense | ₹5,000 – ₹5 Lakhs | 16% – 30% p.a. | PAN, Aadhaar, selfie | Same day |
| Nira | ₹5,000 – ₹1 Lakh | 24% – 36% p.a. | PAN, Aadhaar, employment details | Within a few hours |
| MoneyTap | ₹3,000 – ₹5 Lakhs | 13% – 24% p.a. | PAN, Aadhaar, address proof | 4–24 hours |
| FlexSalary | ₹4,000 – ₹2 Lakhs | 18% – 36% p.a. | PAN, Aadhaar, employment info | Same day |
How Do These Apps Offer Loans Without Bank Statements?
These apps use:
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AI-based risk assessment tools
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Employment verification
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Credit bureau data (CIBIL/Experian)
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KYC documents like Aadhaar, PAN, and selfies
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Social and mobile behavior data
This helps them approve loans even if you don’t have a bank statement.
Documents Usually Required (No Bank Statement Needed)
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PAN Card
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Aadhaar Card
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Selfie
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Employment Details or College ID (if a student)
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Utility Bill (sometimes)
Things to Keep in Mind
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Lenders could charge higher interest if you do not provide your bank statements.
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Always make sure to check any hidden fees or charges on your transaction.
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Check that the application has either been registered by the RBI or certified by an NBFC.
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Always finish your EMI payments on schedule to keep your score high.
FAQs
Q1. Is it possible to borrow money using only my information, not bank statements or salary slips?
👉Many platforms like KreditBee, mPokket and Nira give loans even without salary slips or statements from your bank account. They use alternative verification methods.
Q2. Should we be concerned about using these apps?
👉 Make sure to use apps that are regulated by RBI or related to registered NBFCs. Read reviews before proceeding.
Q3. Will I see a change in my credit score?
👉If you repay your loans on time, your credit score will improve, but delays or defaults will lower it.
Conclusion
Braj Verma is a resident of Rajgarh in Madhya Pradesh and is a content writer and freelancer by profession. He has a degree in Political Science from Barkatullah University, Bhopal. He has expertise in subjects like credit cards, banking, loan, insurance, political analysis and digital marketing.