Instant Loan App Without Salary Slip In India, 5000 Loan

need 5000 rupees urgently without salary slip

You may occasionally find yourself in a situation where you require money immediately and are looking for a simple loan quickly. In this case, your typical internet search might be “I need 5,000 rupees loan urgently.” This could be if you require this amount for any of your financial needs. Small personal loans with minimal paperwork can be approved quickly. With today’s technological advancements and the emergence of numerous lending platforms, you can quickly and easily obtain an emergency loan of Rs 5,000 from any location, at any time.

In this article, we will discuss how to obtain a Rs. 5,000 personal loan as well as the best quick loan provider to use for your personal loan borrowing needs. This will assist you in getting your application for a Rs. 5,000 loan approved quickly and easily.

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Requirements for Instant Loan of Rs 5000 Without Salary Slip?

In order to qualify for a personal loan, a person’s monthly income is important. The requirements for personal loans vary amongst lenders. The following are  the eligibility requirements to apply for a personal loan with a salary of Rs 5,000:

  • Must be an Indian citizen
  • As evidence of income, you need to show six months’ bank statements and salary slips.
  • An applicant’s age range for eligibility is between 21 and 58 years.
  • You should be a paid or self-employed person or businessman.
  • You should be employed by or working in a private or governmental sector.
  • Your credit history should meet the lender’s requirements. Credit scores can differ because different lenders have different standards and so create different benchmarks.

Read: Instant Cash Loan In 5 Minutes: 25 Instant Cash Loan Apps (Rs. 5000 to Rs. 5 lakhs)

Required Documents for a Rs 5,000 Personal Loan

You will need to keep a few documents on hand if you are a new user of the lending platform in addition to completing the application form. These records support the completion of your verification and the creation of the loan proposal for $5,000.

  • Identity documents such as a PAN card, Aadhaar card, etc.
  • Address verification documents such a passport, an electric bill, a ration card, etc.
  • 3 months’ worth of pay stubs (for salaried individuals)
  • Statement of recent six-month bank accounts
  • 2 pictures of the applicant in passport-size

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Instant Loan App Without Salary Slips In India

What do you do when you urgently need money to deal with an emergency? You should take out a personal loan because it is the best alternative available. Although practically all banks and financial institutions provide personal loans, the application process can take a while. The documentation processes might be laborious. Additionally, you require a good credit history. Given these situations, the best instant loan app in India without a salary slip ought to be an excellent substitute due to its inherent benefits, which include

  • Quick approvals and disbursals.
  • High degree of flexibility and easy eligibility norms.
  • No collateral requirement.
  • Convenient documentation.
  • User-friendly features.


PaySense offers quick personal loans online through partnerships with reputable banks and financial organisations. These personal loans, which range from Rs 5,000 to Rs 5 lakh, can be used to cover practically any need. The ability for those without any credit history to apply for personal loans is, however, the most appealing feature.

Rate of interest: 16% – 36% p.a.

Minimum and maximum amount: Rs. 5, 000 – Rs. 5 Lakhs.

Tenure: 3 months – 60 months.

Processing fee: Up to 2.5% of the loan amount + GST.

Read: I Need 20000 Rupees Loan Urgently: 4 Ways To Help You

Cashe Personal Loan

A lending app called CASHe provides instant personal loans up to Rs. 4 lakhs without the need for security or collateral. You can apply for this personal loan online and spend the money for any purpose, such as buying gadgets, going on vacation, paying for unexpected medical expenses, making repairs and modifications to your home, etc.

Rate of interest: 27.38% – 30.42% p.a.

Minimum and maximum amount: Rs. 1,000 – Rs. 4 Lakhs.

Tenure: 3 months – 18 months.

Processing fee: Up to 3% of the loan amount.

Join A Digital Chit Fund Platform To Secure Your Life        Join The Money Club

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Loan for EarlySalary

Get a Personal Loan from EarlySalary Loan App up to Rs. 5 lakhs and pay it back in manageable EMIs. The maximum term is from three to thirty-six months, and the daily interest rate is as low as nine rupees. If you take out a loan for 10,000 rupees, EarlySalary’s interest rate drops to less than Rs. 9 each day.

Rate of interest: 27.38% – 30.42% p.a.

Minimum and maximum amount: Rs. 1,000 – Rs. 4 Lakhs.

Tenure: 3 months – 18 months.

Processing fee: Up to 3% of the loan amount.

Read: Need Money Right Now? 10 Ways To Get Instant Cash


Due to its rapid approvals, straightforward registration process, and availability of loans without a CIBIL score, Nira is among the finest instant loan applications in India without salary slips. Based on the online documents you supply, Nira automatically evaluates your credit score.

With monthly interest rates ranging from 1.5 to 2.5%, Nira personal loans are available for amounts between 3,000 and 5 lakhs rupees. The opportunity to extend your credit period if necessary is provided by this rapid personal loan software.

Read: How can you get a personal loan on a low CIBIL score? Learn Now

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mPokket Loan

For students and salaried workers to address their immediate financial emergencies, the Google Play Store offers the short-term instant personal loan app mPokket. With interest rates starting at 3.5% per month, loans can be obtained for amounts between Rs 500 and Rs 30,000.

Students can apply online for this immediate personal loan by presenting their ID proof, while salaried folks must provide their pay stubs. Disbursement typically takes a day, and the loan acceptance process is conducted fully online. The disbursement can be sent to borrowers’ digital wallets, like PayTM, so they don’t even need to open a bank account.

Read: Instant Personal Loan Without Salary Slip With Loan Apps

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Home Credit

Home Credit is one of the best instant loan apps without salary slip as it allows users to avail of personal loans up to Rs 2 lakhs on submitting their PAN card and another ID/address proof document. However, the loan amount depends on your credit score. But, this app offers personal loans even to people without any credit history.

This personal loan is repayable over 26 months at an interest rate between 2.4 and 3.3% per month. It is one of the most accessible online instant loan portals for individuals between 19 and 65 years without having to produce their salary slips.

Read: Do You Need An Urgent Loan of Rs 50000? Get a Loan on Aadhaar Card

Can I get an Instant loan without a PAN card?

Here is the list of other instant loan apps that give you instant personal loan without salary slip:

  • Dhani
  • MoneyTap
  • India Lends
  • KreditBee
  • NIRA
  • SmartCoin
  • Money View
  • Flexsalary
  • LazyPay
  • Paymeindia
  • RupeeRedee
  • LoanTap
  • StashFin

Read: 10 RBI Registered Online Loan App List: Turant Loan Dene Wala App

How Do I Get A 5000 Personal Loan Without Salary Slip?

Applying for a 5000 personal loan is a simple and fast process. Continue reading to find out how to get a 5000 instant loan.


  • Navigate to the ‘Personal Loan’ section of your preferred lending platform (bank or NBFC). You can also do this through their mobile app.
  • To access the application form, click ‘Apply Online.’
  • You will be asked to verify your mobile number here. You will receive an OTP on your 10-digit mobile number after entering it. To proceed, enter the OTP.
  • Fill out the application form with your basic information. If you are an existing customer, your form will be pre-filled.
  • Enter the desired personal loan amount you wish to borrow and submit the application.
  • A representative from the relevant bank or lending institution will then get in touch with you to proceed with the application and assist you with the procedure. There is no need to complete the personal loan application if you have been pre-approved; in fact, you can get the Rs 5,000 loan amount transferred virtually immediately.

Different Ways to Borrow Money In India

Instant Funds with The Money Club App

Chit funds could seem like a whole other kind of financial tool. However, chit money can help you in a number of ways to get out of the personal loan debt cycle. They serve as both a saving and borrowing tool. An artificial intelligence-powered chit fund platform is called The Money Club. Millions of customers have access to a safety net during emergencies. The only financial product that enables both saving and borrowing is a chit fund.

Interest rates on personal loans from banks and NBFCs range from 12% to 24%. In addition, there is no guarantee that your loan application will be accepted. Because interest rates are high, EMIs are also higher. On the other hand, chit funds have lower interest rates and less paperwork than personal loans. Furthermore, your deposited funds earn three to four times the interest of a fixed deposit. If you are faced with a financial emergency, the chit fund provides you with a quick liquidity option to tide you over.

Benefits of chit funds

Chit funds offer the advantage of being both a saving and an investing vehicle. In an emergency, you can easily borrow the money, or you can keep using it as an investment. You can borrow money that is several times as much as what you have invested when you need it.

  • You receive the funds 6 to 8 hours after placing the bid.
  • The loan is secured by your own potential future contributions.
  • The participants, not a third party, decide on the loan rate. Usually, the rate is considerably less than what banks offer.
  • Paperwork is not a hassle.
  • There is no demand for a high credit score.
  • Greater contribution returns when compared to fixed or recurring deposits.

Read: Know Your Money Club platform Journey On The Money Club App

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FAQs On Personal Loan Of 5000 Without Salary Slip

Can I get a loan of Rs 5000 without salary slip?

Yes, you can get an instant loan of Rs 5000 without salary slip, for that you have to take the help of some loan apps which are approved by RBI/NBFC. To get instant loan without salary slip, you must have Aadhaar card and PAN card.

Is it easy to apply for a Rs 5,000 loan without a salary slip?

Yes, it is easy to apply for a personal loan without a salary slip. You can present additional financial records, such as an income tax return (ITR), a bank account statement for the previous 12 months, and Form 16 for an income certificate. It strengthens your loan application.

Read: Instant Cash Loan In 5 Minutes. How To Take Loan From Mobile?

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