Home Loan applications require income proof. But what if you don’t have salary slips or ITR reports? In such a case, follow these methods to get Home Loan without Income Proof.
The co-borrower fulfills the income proof requirement in your Home Loan application. Ensure they have a good credit score and clear repayment record.
A high loan amount requires more documentation. Apply for a reasonable Home Loan amount to get approval without income proof.
If you’re a loyal customer of the housing finance company, you could use it to negotiate to approve your Home Loan without income proof.
Apply for the Unnati Home Loan scheme. In this, the provider doesn’t ask for income proof as long as the applicant has sufficient funds to pay the EMIs.