₹10,000 Loan Without Salary Slip: New Government Scheme to Benefit Gig Workers

The central government is working towards strengthening financial inclusion by introducing schemes that directly benefit people working in the unorganised sector. In this direction, a new micro-credit scheme is being prepared under which gig workers and urban informal labourers may get a loan of up to ₹10,000 without a salary slip or collateral.

This initiative is expected to bring relief to delivery partners, domestic workers, and daily wage earners who often struggle to access formal credit due to the absence of income proof or credit history.

Scheme Likely to Roll Out from April 2026

As per media reports, the framework of this scheme has already been prepared, and it may be implemented from April 2026. The primary goal is to support workers associated with digital platforms and the urban unorganised workforce.

The loan amount can be used to purchase essential work-related tools such as two-wheelers, bicycles, or mobile phones, helping workers improve productivity and income stability.

Modelled on PM SVANidhi Scheme

The proposed scheme is likely to follow the PM SVANidhi model. Under PM SVANidhi, beneficiaries receive an initial loan of ₹10,000, which can be increased to ₹20,000 and ₹50,000 with timely repayment. Additional benefits such as interest subsidy and incentives for digital transactions are also provided.

A similar phased approach may be adopted for gig workers, encouraging repayment discipline and long-term financial inclusion.

Who Will Be Eligible?

The scheme will mainly benefit:

• Gig workers registered on official government platforms

• Delivery partners and domestic workers

• Urban informal labourers listed on the e-Shram portal

Workers with verified records, Aadhaar, UAN, and valid documentation are expected to be prioritised.

A Step Towards Financial Inclusion

Due to the lack of formal income proof, many workers are unable to access bank loans. With over 31 crore workers registered on the e-Shram portal by November 2025, this scheme could play a crucial role in integrating them into the formal banking ecosystem.

Conclusion

The proposed ₹10,000 loan scheme without salary slips could be a game-changer for gig workers and informal labourers. By offering easy access to credit and promoting financial inclusion, the initiative has the potential to strengthen livelihoods and support self-reliance among millions of workers.

Disclaimer:
The information provided in this article is for general awareness purposes only. Readers are advised to verify details with official sources or financial institutions before making any loan-related decisions.