In today’s time, anyone can need a loan, but the biggest problem comes when you do not have any income proof. Banks or traditional financial institutions ask for income certificate, salary slip, and many documents, which are not available to everyone. In such a situation, people look for apps that provide facilities like “Best loan app in India 2025 without income”.
In this article, we will know about the best loan apps in India that give loans even without income proof. These apps are especially beneficial for those who are freelancers, students or work in the informal sector.
Contents
- Best Loan App in India 2025 Without Income – Top List
- Why do you need a loan app without income?
- Branch Loan App
- 2. KreditBee Loan App
- 3. TrueBalance Loan App
- 4. Fairmoney Loan App
- 5. MoneyView Loan App
- Things to keep in mind while choosing a loan app:
- FAQs – Best Loan App in India 2025 Without Income
- Conclusion
Best Loan App in India 2025 Without Income – Top List
| Loan App | Loan Amount | Interest Rate | Tenure | Documents Required |
|---|---|---|---|---|
| Branch Loan App | ₹750 – ₹50,000 | 24% – 36% | 2 – 6 months | Aadhaar Card, PAN Card |
| KreditBee | ₹1,000 – ₹5,00,000 | 0% – 29.95% | 62 days – 15 months | Aadhaar, PAN, Bank Details |
| TrueBalance | ₹500 – ₹50,000 | 60% – 154.8% | 2 – 3 months | Aadhaar, PAN |
| Fairmoney | ₹750 – ₹50,000 | 12% – 36% | 61 – 180 days | Aadhaar, PAN |
| MoneyView | ₹5,000 – ₹5,00,000 | 12% – 39% | 3 months – 5 years | Aadhaar, PAN, Bank Details Statement |
Why do you need a loan app without income?
It is difficult to get a loan from a bank without income proof
People who are not employed need finance
Students, freelancers and small businessmen want easy loans
Money is needed immediately in an emergency
Also Read: Rent Payment via Credit Card: Pros, Cons, Apps, and Charges Explained
Branch Loan App
Branch is an international app offering small-ticket loans in India. It requires only Aadhaar and PAN card to process loans.
Key Benefits:
- Loan from ₹750 to ₹50,000
- Tenure: 2 to 6 months
- Interest: 24–36% per annum
- Minimal processing fees (2% onwards)
- No late payment penalty
- No income proof required
Drawback:
Once you miss a repayment, it might block future loan eligibility.
2. KreditBee Loan App
KreditBee offers a range of loans starting from just ₹1,000 up to ₹5 lakhs.
Features:
- Offers: Flexi Personal Loan, Salary-based Loan, Online Purchase Loan
- Interest rate: 0% – 29.95%
- Disbursal: Within 10 minutes
- NBFC: Krazybee Pvt Ltd
- Requires PAN, Aadhaar, and in some cases, salary slip
Note: KreditBee is a great choice for both salaried and self-employed users.
3. TrueBalance Loan App
TrueBalance is designed for emergencies and gives loans even with low credit scores, though at higher interest rates.
Highlights:
- Instant loan of ₹500 to ₹50,000
- Tenure: 2 to 3 months
- Interest: 60% to 154.8% per annum
- Minimal documentation
- NBFC: True Credit Pvt Ltd
Drawback:
High interest rates may be difficult to manage for some borrowers.
4. Fairmoney Loan App
Fairmoney is another international app offering loans to Indian users without complex paperwork.
Features:
- Loan range: ₹750 to ₹50,000
- Tenure: 61 to 180 days
- Interest: 12% to 36% p.a.
- Processing fee: 3% to 12%
- Documents required: Aadhaar, PAN
5. MoneyView Loan App
MoneyView offers high-value loans (up to ₹5 lakh) with flexible repayment terms and is linked to multiple NBFCs.
Why it’s popular:
- Trusted & secure
- Interest rate: 12% to 39% per annum
- Tenure: Up to 5 years
- Requires PAN, Aadhaar, and in some cases, income verification
- RBI and DLAI registered partner NBFCs
Drawback:
It may take longer for approval, and strict checks may apply for higher amounts.
Things to keep in mind while choosing a loan app:
- Choose only NBFC registered apps
- Check Google Play Store ratings
- Take care of data security
- Understand interest and processing fees
- Read user reviews
FAQs – Best Loan App in India 2025 Without Income
Can I get a loan without any income?
Yes, some apps like Branch, TrueBalance provide loans even without income proof.
Can students also take loans?
Yes, apps like mPokket and Pocketly are especially for students.
Also Read: NBFC Loan, NBFC Loan Apps, NBFC Loan Interest Rates, NBFC Loan Eligibility
Conclusion
If you do not have income proof and you need money urgently, then the apps mentioned in “Best Loan App in India 2025 Without Income” can be a good option. However, you should take a loan carefully. Always read the terms and conditions of the apps and take only as much loan as you can repay on time.
By using these apps correctly, you can manage your work without any hassle in an emergency.