Home Loan Without ITR for Self-Employed

LoanSarthak helping business owners & professionals across India

★★★★★

I am a self-employed consultant without regular ITR filing. LoanSarthak arranged my home loan using bank statement eligibility. Smooth and quick approval process.

Vikram Singh

Delhi

★★★★★

Running my own business, I struggled to get loan approval. LoanSarthak guided me properly and got my home loan sanctioned without ITR complications.

Neha Gupta

Mumbai

★★★★☆

Minimal paperwork and fast processing. Perfect solution for self-employed people who don’t have complete ITR records.

Sandeep Patel

Surat

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Home Loan Without ITR for Self Employed India – Simple & Complete 2026 Guide

Are you self-employed and do not have an Income Tax Return (ITR)?
If yes, you might think getting a home loan is impossible. However, that is not true.

In fact, many lenders now offer a home loan without ITR for self employed in India, especially if your income flow is stable.

Moreover, platforms like Loan Sarthak (https://loansarthak.in/) help self-employed individuals find lenders who accept alternative income documents.

In this guide, you will learn:

• Whether home loan without ITR is possible
• Who can apply
• Required documents
• Interest rates in 2026
• How to improve approval chances

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Can You Get a Home Loan Without ITR?

Yes, you can. However, approval depends on your financial profile.

Traditionally, banks ask for 2–3 years of ITR. However, many NBFCs and private lenders focus on bank statements and business cash flow instead.

Therefore, if your business income is regular and visible in your bank account, you still have a strong chance.

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Why Do Banks Ask for ITR?

Banks ask for ITR to check:

• Income stability
• Tax payment history
• Business continuity
• Repayment ability

However, if ITR is not available, lenders use other ways to measure income. For example, they check your monthly bank credits and GST returns.

As a result, strong banking transactions can sometimes replace ITR.

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Who Can Apply?

You can apply if you are:

• A small business owner
• A trader or shop owner
• A freelancer or consultant
• A self-employed professional

In addition, your business should be at least 1–3 years old. The longer your business history, the better your chances.

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Documents Required (Without ITR)

Even if you do not have ITR, you must provide alternative documents.

1. Identity Proof

• Aadhaar Card
• PAN Card
• Passport or Voter ID

2. Business Proof

• GST Registration
• Udyam/MSME Certificate
• Shop License
• Business Registration

3. Income Proof

• 6–12 months bank statements
• GST returns
• CA-certified Profit & Loss statement
• Turnover proof

4. Property Documents

• Sale agreement
• Title deed
• Approved building plan

Therefore, proper documentation is still very important.

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Eligibility Criteria in 2026

To qualify, you should meet these basic conditions:

• Age between 23–60 years
• Business running for at least 1–3 years
• CIBIL score above 700
• Legally approved property

Furthermore, a CIBIL score above 750 increases approval chances significantly.

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Interest Rates in 2026

Interest rates depend on the lender type.

• Public banks: 8.5% – 9.5% (mostly require ITR)
• Private banks: 9% – 11%
• NBFCs: 9.5% – 12.5%
• Private lenders: 11% – 14%

However, without ITR, interest rates may be slightly higher.

Therefore, comparing lenders is important before applying.

Loan Sarthak helps applicants compare options and choose suitable lenders based on their profile.

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How Lenders Check Income Without ITR

Instead of ITR, lenders check:

• Monthly bank credits
• Average balance
• GST turnover
• Existing EMIs
• Digital payment records

In other words, your banking history becomes your income proof.

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How to Improve Approval Chances

If you do not have ITR, follow these simple steps.

1. Keep Bank Statements Clean

Avoid large unexplained cash deposits.
Maintain regular monthly income flow.

2. Improve Your CIBIL Score

Pay EMIs on time.
Keep credit card usage below 30%.
Avoid applying for too many loans at once.

3. Add a Co-Applicant

If your spouse has a salary income, approval chances improve.

4. Show Business Stability

Regular GST filing and steady turnover help build trust.

5. Apply Through Experts

Instead of applying randomly, use structured services like Loan Sarthak. This way, you reduce rejection risk and improve approval chances.

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Advantages of Home Loan Without ITR

• Possible for small business owners
• Flexible documentation
• Faster processing through NBFCs
• Suitable for growing businesses

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Disadvantages

• Slightly higher interest rate
• Lower loan-to-value ratio
• Strict review of bank statements

Therefore, preparation is very important before applying.

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Is It Safe to Apply?

Yes, it is safe. However, always:

• Choose RBI-registered lenders
• Check processing fees
• Compare interest rates
• Avoid fake agents

Additionally, read loan terms carefully before signing.

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Final Conclusion

Getting a home loan without ITR for self employed India is possible in 2026. However, your banking records must clearly show income stability.

If your business is stable and your credit score is strong, approval is achievable.

Moreover, if you want structured support and lender comparison, you can explore Loan Sarthak for professional guidance.

With proper preparation and the right lender, your dream home is still within reach.