Download AppWin Assured Cashback
Paisabazaar Logo - Compare loans and credit cards

What is Income Certificate?

Income Certificate is an official document issued by the state government certifying annual income details of the applicant/applicant’s family. The key information in this certificate includes details of the annual income of the family/individual from various sources as per available state government records for a specific financial year.
icon
Get Cashback of ₹ 1,000* on Loan Disbursal
Valid till 31st May '26 *T&C Apply
Get Business Loan

Avail up to ₹1 Cr starting at 13%

google-play-icon

Google Play Store

4.5/5

15.6L Reviews

5.7cr+Satisfied Customers
65+Lending Partners
₹65k Cr+Loans Disbursed
Icon image of Best Loan Offers

Best Loan Offers

Curated Offers from 20+ Lenders

Icon image of Unsecured Loan

Unsecured Loan

Term Loan & OD Facilities Available

Icon image of Expert Advice

Expert Advice

Guidance & Assistance

Icon image of Top Up Facility

Top Up Facility

Loan to Get Additional Funds

Find Best Business Loan Offers

Sort by:

HDFC Bank
Max Loan Amt.Upto ₹75L
Rate of Interest10.75% - 28%
Tenure uptoUpto 5 Years
Processing FeeUpto 2%
ICICI Bank
Max Loan Amt.Upto ₹50L
Rate of Interest13.25% 19.25%
Tenure uptoUpto 5 Years
Processing FeeUpto 2%
Axis Bank
Max Loan Amt.Upto ₹75L
Rate of Interest15% - 19.25%
Tenure uptoUpto 5 Years
Processing FeeUpto 2%
Why Choose Paisabazaar?
image of Choose from <strong>20+ Partner Banks/NBFCs</strong>

Choose from 20+ Partner Banks/NBFCs

image of Pick from <strong>Secured & Unsecured</strong> Options

Pick from Secured & Unsecured Options

image of Get <strong>Working Capital & Top-Up Loan</strong> Solutions

Get Working Capital & Top-Up Loan Solutions

image of <strong>Flexible Tenure</strong> of Up to 4 years

Flexible Tenure of Up to 4 years

How Can I Apply for a Business Loan Online?

Step 1: Enter your mobile number in the application form.

Step 2: Enter OTP to verify your mobile number.

Step 3: Provide your personal details.

Step 4: Select a bank account for account aggregator consent.

Step 5: Compare offers and apply for the best-suited loan.

Apply Now

Income Certificate Sample

The following is a sample of an Income Certificate format. You can also download the income certificate format from the AICTE website.

Key Information in the Income Certificate Form

As shown in the above sample, the key fields included in the income certificate form are as follows:

  • Name of applicant
  • Name of Parent/Guardian of primary applicant
  • Address of applicant with town, district, state, etc.
  • Annual income for applicable financial year
  • Date of issue of Income Certificate
  • Signature and Seal of issuing State Government authority

What is an Income Certificate used for?

The details provided in this state government issued certificate are legally binding and may be used as income proof by the applicant (family/individual) when registering/applying for various Government-sponsored schemes and subsidies. Some of the common uses of the certificate are:

  • To get admission in reserved category (economically backward classes) in educational institutions.
  • To avail scholarships and economic assistance provided to economically backward students.
  • To access various government-sponsored social welfare schemes.
  • To obtain key benefits such as old age pension from government.
  • To get access to subsidized/free medical care or medical benefits.
  • To apply for government jobs available to specific reserved categories.

People Also Search for

Business Loan Business Loan Interest Rates
Business Loan EMI Calculator Small Business Loan
Startups Loan Mudra Loan
Working Capital Loan Government Business Loan
Micro Loans CGTMSE Loan
MSME Loan PMEGP Loan

Who Issues Income Certificate and who can Apply?

Income Certificate is issued by individual State Governments/Union Territories and each has its unique set of documentation requirements. Any individual who is resident of India and belongs to an economically weaker section of society and not required to pay income tax can apply for an income certificate with the applicable State Government/Union Territory.

Avail Tax For
All Your Needs

Avail Business Loan Banner

List of Documents required for obtaining Income Certificate

The complete list of documents required for obtaining the certificate may vary slightly from one state to another. That said, few key documents are the same irrespective of the state in which the income certificate application is made. The following is a short list of key documents required for obtaining the certificate:

  • ID proof such as Aadhaar Card
  • Address proof such as Voter ID card
  • Passport size colour photograph
  • Old Income Certificate (if applicable/available)
  • Ration card (BPL) or National Food Security Card
  • Signed self-declaration from applicant/head of family

Additional documents such as expenditure proof may also need to be submitted depending on the individual requirement as provided by the state government/union territory.

Validity of Income Certificate

The validity of income certificate is based on the financial year mentioned in document. Thus the certificate needs to be updated every financial year in order to ensure validity. Also the old certificate may need to be provided as a key documentary proof required for issue of an updated income certificate.

How Can I Apply for a Business Loan Online?

Step 1: Enter your mobile number in the application form.

Step 2: Enter OTP to verify your mobile number.

Step 3: Provide your personal details.

Step 4: Select a bank account for account aggregator consent.

Step 5: Compare offers and apply for the best-suited loan.

Apply Now

Explore Our Business Loan Lenders

HDFC BANKHDFC BANKAxis BankAxis BankICICI BankICICI BankIDFC First BankIDFC First BankKotak bankKotak bankTata CapitalTata Capital
View All Partners

Avail Tax For
All Your Needs

Avail Business Loan Banner

FAQs

What is the validity of my income certificate?

The certificate is valid for only the financial year in which it was issued. So at most the validity of your income certificate is 1 year i.e. from the start of the fiscal on 1st April to its end on 31st March of the subsequent calendar year.  

Do I need Aadhaar card to apply for an income certificate?

No. Any government-issued identity/address proof (including Aadhaar) can be used as supporting documents when applying for this document. Some common examples of such government issued ID include PAN, Voter ID card, Ration Card, etc.

I am a resident of Delhi. Can I get an income certificate in Haryana?

No. An income certificate is issued by the state government so it can only be obtained from the government of the state where you reside. Thus only a resident of Haryana can obtain an income certificate in Haryana. To ensure this, one of the documents needed to apply for an income certificate online or offline is a copy of a government-issued address proof with a local residential address.  

My income certificate application was rejected last time. Should I reapply?

The most common reasons for rejection of an income certificate application are – incorrectly filling out the application, non-submission of documents supporting the application request and ineligibility for availing income certificate. While you can definitely consider reapplying if the reason for rejection of your application is one of the first two, it would not be good idea to reapply if you are ineligible to get approval for an income certificate in the first place.    

I received my income certificate in 2017. Do I need to keep the old certificate to reapply?

No, it is not mandatory to submit the old certificate at the time of applying for a new one. However, it is necessary to hold on to old certificates for a period of 5 years after it has been issued in order to validate your eligibility for any and all schemes you using the certificate at a later date.   

quotes icon

What our customers say

Business loan complex hotta h

Business loan thoda complex lagta h muhje, lekin Paisabazaar pe team ne sab steps simple bana diya muhje ache se support kiya. Thank you.

icon image of avatar
Meher SinghJan 22, 2026

Hassle-free Business Loan

I would like to take a moment to sincerely appreciate Rohit Kumar\'s (EW25946) continuous support and clear communication. Your timely responses, cooperation, and willingness to help have made a significant difference and contributed greatly to smooth coordination and successful outcomes. Your professionalism and positive approach are truly commendable, and it has been a pleasure working with you. Thank you for your dedication and for maintaining such effective communication throughout.

icon image of avatar
MD Gausar AlamJan 20, 2026

Business loan liya tha, interest acha mila

Muhje darr tha ki interest rate kahi lenders jda na charge krle, phir paisabazaar pe sahi interest rate milla. Mera credit profile dekh ke or bhi bht saare factors consider karke interest rate milla.

icon image of avatar
Mohit DasJan 15, 2026

Uncle ne bataya tha Paisabazaar ke baare mai

Mai online loans ke baare mai jada nhi janta, mere chacha ne bataya tha ki Paisabazaar se loan acha milta hai. Try kiya or asli mai bohot acha experience tha.

icon image of avatar
Raju RastogiJan 14, 2026

Boutique ke liye small loan liya tha

Boutique ke liye small loan liya tha. Small entrepreneurs ke liye bht important hota hai sahi jagah se loan lena. Paiabazaar ki team bohot helpful hai.

icon image of avatar
Vanni KumariJan 13, 2026

Loan approval ke chances dikhate h

Paisabazaar se business loan lo toh pata rehta h ki kaha loan approval ke chances jada hai. Isse thoda tension kam jata h rejection ka. Acha feature hai.

icon image of avatar
Sobhit GuptaJan 5, 2026

Advisors bohot ache the

Business loan thoda confusing hota h. Advisors ne sahi guide kiya. Thanks you.

icon image of avatar
Prakash MishraJan 4, 2026

Trusting platform

I take business loan from Paisabazaar two months before. very nice experience. No jhamela, only good work done. Thank you

icon image of avatar
Priya ShawDec 30, 2025

Chote business ke liye bhi loan mila

Chote businesses ko loan milne mai dikkat hoti hai lekin yaha mil gaya. Thank you for helping small business also. Good job keep it up.

icon image of avatar
Rupesh SharmaDec 29, 2025

Quick and easy steps

Business loan apply karne se pehle yeh sochke dar lagta tha ki bohot mehnat lagegi. Lekin mai toh surprise hi hogayi Paisabazaar ka simple or easy steps dekh ke. Itna smooth process tha ki bikul hi samjh nhi aaya kab loan approve hua or kab account mai paise agaye.

icon image of avatar
Ishita SinghDec 28, 2025
View All Testimonials
Vandana Punj profile
Written ByLinkedIn icon
Vandana Punj
Shamik Ghosh profile
Reviewed ByLinkedIn icon
Shamik Ghosh

Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners

*Applicable for selected customers

Knapsack with coins

Check Best Business Loan Offers
with Quick Disbursal

Scroll to top