Yes, you can—even if you:
Earn in cash
Work daily wage jobs
Are self-employed without formal proof
At Vizzve Finance, we believe income should speak louder than paperwork.
Let’s break down how non-salaried workers can still access credit.
🧾 Who Falls Under This Category?
Daily wage laborers
Small shop owners
Auto/taxi drivers
Domestic workers
Freelancers paid in cash
Home service providers (plumbers, electricians, cooks, etc.)
🧠 The Lending Problem They Face:
| Traditional Banks | Vizzve’s View |
|---|---|
| Need salary slips & IT returns | Accept alternative proofs |
| Rigid approval systems | Flexible with documentation |
| Slower processes | Fast, mobile-based onboarding |
✅ How to Get a Loan Without Formal Income Proof
🔹 1. Use Alternative Documents
Instead of salary slips, show:
Bank statements (regular deposits)
Rent receipts or utility bills
Aadhaar + PAN + address proof
Proof of consistent daily income (even cash deposits)
🔹 2. Add a Co-applicant or Guarantor
A family member with a stable income can strengthen your application.
🔹 3. Go to NBFCs or Digital Lenders
Lenders like Vizzve specialize in new-to-credit (NTC) and informal earners.
🔹 4. Start Small
Apply for micro-loans or short-term personal loans first. Build trust, then go bigger.
🧮 Example:
Ravi, an electrician earning ₹800/day, doesn’t have a salary slip.
But he:
Deposits ₹15,000/month in his bank
Has Aadhaar + PAN
Pays rent through bank transfer
✅ Vizzve considers this valid for loan review.
He qualifies for a ₹25,000 loan with flexible EMIs.
💡 Vizzve Tips for Informal Workers:
Open a bank account—and use it regularly
Avoid bouncing cheques or UPI delays
Save screenshots of income receipts or cash deposits
Never ignore EMI reminders, even on small loans
💬 FAQs: Daily Wage & Cash Earner Loans
Q1. Will my CIBIL score be checked?
Yes, if you have one. But Vizzve also supports first-time borrowers.
Q2. What’s the minimum loan amount?
Starts from as low as ₹5,000–₹10,000 with quick approval.
Q3. Can I apply if I don’t have ITR or Form-16?
Yes. Vizzve accepts alternate income validation methods.
Q4. What if I miss an EMI?
Communicate early. Rescheduling is possible. But regular delay may affect credit.
🏁 Final Word from Vizzve
📣 If you earn, you deserve access to finance—even if your income isn’t salaried.
At Vizzve, we don’t ask where you work—we care how consistently you earn.
Apply with your real story, not missing documents.
Vizzve Finance – Lending That Includes Everyone.
Published on : 12th July
Published by : SMITA
www.vizzve.com || www.vizzveservices.com
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RBI-Registered Loan Partner | 10 Lakh+ Customers | ₹600 Cr+ Disbursed.