Avail Instant Personal Loans ✓ Loan up to 50 Lakhs ✓ Quick Disbursal ✓ Minimum Documentation! Apply Now

You can avail a personal loan to fund your planned and unexpected financial requirements. An unsecured provision, you can avail this loan from numerous banks, NBFCs, and other financial institutions with minimal documentation. 


Thanks to digitisation, getting an instant loan without documents is possible. As these loans require you to submit only minimal documents, they are also called paperless personal loans


Lenders offer an instant personal loan without documents primarily through pre-approved offers. Here, individuals are already verified and assessed beforehand. Many even provide it based on your relationship with them. 


Read on to learn more about availing instant personal loans with minimal documents. 

Advantages of Personal Loan Without Documents

Instant loan without documents, i.e., a paperless or pre-approved loan, has numerous benefits you can enjoy. Given below are a few top benefits of availing a personal loan without documents: 


  1. Unsecured type of loan, so there is no need to pledge your assets

  2. Competitive interest rates, making the personal loan affordable

  3. Easy and quick online application, enabling you to avail loan whenever you want

  4. Flexibility in using funds sanctioned by the lender

  5. Quick access to funds due to a simple application and approval process

How to Get a Personal Loan without Documents

To be eligible for an urgent cash loan without documents, prove that you are a responsible borrower with an excellent financial history. Given below are some tips that can help you get an instant personal loan without documents:

  • Establish a Good Relationship with the Lender 

If you have a good relationship with the lender, they know your creditworthiness. This helps them know that you can make timely repayment. 

Simply put, having an account with the lender helps them understand your financial standing and repayment ability. This makes it easier for you to avail an instant loan without income proof or other documents.

  • Repay on Time

Timely repayment is a crucial factor that lenders look at when assessing whether you are a high-risk or a low-risk borrower. If you do not repay your dues on time, the lender considers you a high-risk borrower and may hesitate to approve new credit. 

Given this, it is crucial that you repay all your dues on time. This includes your credit card payment and loan repayments. Note that timely repayment boosts your credit score, which makes it easy for you to avail an instant personal loan without documents.

  • Go for Pre-approved Loans 

Pre-approved loans are the ones where the lender already has an approved offer for you. All you have to do is assess the offer and avail it. Since it is pre-approved, the lender has verified your profile, eliminating the need for extensive paperwork.

  • Maintain a Healthy Credit Score: 

Your credit score is one of the most important indicators of your creditworthiness. As a result, it is advised to maintain an excellent credit score. The closer it is to 900, the better your chances of availing an instant personal loan without a salary slip or other documents to back your repayment ability.

Who can Get an Instant Personal Loan Without Documentation?

Instant loans without documents are available to two types of applicants:


  • Existing customers

  • Pre-approved applicants 

In both cases, the lender has the basic KYC documents of the applicants, allowing them to approve a paperless loan. 


Additionally, being either an existing customer or a pre-approved applicant makes you eligible for special discounts and gives you quick access to funds. So, check your pre-approved offers and offers from the existing lender before you plan to avail one. 

To help you choose the best loan offers from a few reputed lenders, check out Bajaj Markets. Here, you can understand the personal loan eligibility criteria and other vital factors required for quick loan approvals, and even get instant loans with ease. 

Also Check

FAQs on Personal Loan Without Documents

Instant personal loans without documents are ideal for individuals who urgently need funds but cannot submit necessary documents such as PAN cards, salary slips, or IT return certificates.

The amount you can borrow through an instant loan varies depending on the lender’s limits. Traditional lenders allow you to avail instant personal loans of up to ₹50,000.

The repayment tenure of an instant loan varies between 15 days and 2 years. However, it is influenced by the total loan amount and the lender’s terms and conditions.


An instant loan is not the same as a payday loan. A payday loan is availed with an agreement to repay the loan as soon as you receive the next wage. However, an instant loan allows you to repay the loan over a longer tenure.


Yes, you can get a personal loan without an Aadhaar Card. However, you will need to furnish another identity proof, such as your Voter’s ID or passport.


Yes, you can easily get a personal loan without submitting your bank statement. Instead, you can submit your salary slips or IT returns certificate to prove your income. If you cannot furnish any proof of income, you can apply for a loan with a guarantor.

Yes, you can get an instant cash loan in 1 hour without documents, so long as you have a pre-approved offer. 

In case you do not fulfil a few eligibility criteria, you can check with the lender on the possibility of getting a loan. Some lenders may approve the loan if you pledge collateral or apply with a guarantor.


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