By Anjaneyulu Yadav · 15 Nov 2026 · Home loan
A large number of people in Hyderabad earn well and still have no income tax returns to show: kirana and garment shop owners, small contractors, drivers who own their vehicles, people paid in cash. Many of them assume a home loan is impossible. It is not, but it works differently, and it helps to know the facts before you start.
How lenders assess income without ITR
Large public sector banks generally insist on ITR. Several housing finance companies and NBFCs have separate programmes for people with informal income. Instead of returns, they look at:
- Bank statements. Regular credits over the last 6–12 months matter more than one large deposit.
- Business visit. An officer visits your shop or workplace, sees the stock, the customers and the bills, and estimates your income.
- Proof that the business exists. Shop licence, GST or Udyam registration, rent agreement, electricity bill.
- Your repayment record. A clean track record on a vehicle loan or gold loan helps a lot.
What it costs
We tell every customer this upfront: loans without income proof carry a higher interest rate than a regular bank home loan, and lenders fund a lower share of the property value. You should expect to bring a bigger down payment. The lender is taking more risk and prices it in.
A sensible plan
- Start routing your business income through one bank account from today.
- Take the loan from a lender that accepts your profile now.
- File your returns properly for the next two or three years.
- Then shift the loan to a bank at a lower rate through a balance transfer.
This way you do not lose the property you have found, and you do not stay on a high rate for twenty years.
Be careful of this
Anyone who offers to "arrange" ITRs, salary slips or bank statements for you is offering forgery. It is a criminal offence, lenders verify documents, and you carry the consequences. We do not do it, and you should walk away from anyone who does.
Tell us what you do and roughly what you earn in a month. We will tell you which lenders consider your profile and what rate range to expect before you pay any booking amount.
Common questions
Can I get a home loan from a government bank without ITR?
It is difficult. Most public sector banks need income tax returns. Housing finance companies and NBFCs are more flexible for self-employed people with informal income.
Will the interest rate be higher without ITR?
Yes. Expect a higher rate and a lower loan-to-value than a regular home loan. You can shift to a cheaper lender later once you have returns to show.
Related service: see full details, documents and eligibility →
Keep reading
- Check Your Home Loan Eligibility Before You Apply Anywhere
- Home Loan Balance Transfer With Top-Up: When Is It Really Worth It?
Anjaneyulu.in is a loan consultancy, not a lender. Rates, eligibility and sanction are decided by the bank or NBFC.