Getting a personal loan without a strong CIBIL score might seem tricky, but it’s not impossible. Whether you're just starting your credit journey or recovering from past issues, several loan apps in India now offer quick access to funds with minimal paperwork. In this blog, you’ll find loan options that work even if your CIBIL score is low or missing.

Best Personal Loan Apps for Low or Without CIBIL Score

Which is the Best Personal Loan App for Low CIBIL Score?

Here are the best instant personal loan apps for low CIBIL score:

1. Freo

   Best for: Flexible borrowing and building credit with low or no CIBIL

   Freo is one of the most practical loan options in India for people who don’t have a strong credit score or are just starting to build one. Unlike a regular loan where you receive the entire amount at once, Freo gives you a credit line. You can use as little as ₹3,000 or go up to ₹5 lakh depending on your limit, and you’ll only pay interest on the portion you use. This is useful for people who don’t want to borrow a large lump sum but may need funds in phases, whether it’s for sudden medical needs, EMI management, or personal expenses.

   What sets Freo apart is how it looks at your income, job profile, and city to decide eligibility. It’s friendly to new borrowers and those whose CIBIL scores are just starting to recover or are borderline. Everything happens inside the app, and there’s no need for branch visits or heavy documentation.

   Features:

   • Credit line up to ₹5 lakh with minimum drawdowns starting at ₹3,000
   • Interest starts at around 13% per annum, only on used amount
   • Tenure flexibility from 2 months up to 36 months
   • 100% paperless process with digital KYC and app-based loan management
   • Reusable credit with full visibility on EMIs and statements
   • No need for collateral or specific loan usage
   • Transparent eligibility based on income (₹30,000/month+), age (23–55), and location

2. OneScore Personal Loan

   Best for: Tracking and improving credit before applying for a loan

   OneScore is ideal for those who are worried about rejections due to a low credit score. Instead of diving head-first into loan applications, it helps you understand your current credit standing. It gives you free access to your CIBIL score and detailed insights into what’s dragging your score down. This can be a game-changer for first-time borrowers or people recovering from past financial mistakes.

   The app also connects you with lenders that are more likely to approve your profile. You don’t apply blindly. Instead, you get pre-approved or pre-qualified offers based on your real credit behaviour. It reduces the risk of being denied and gives you time to improve your credit health before taking on a big EMI.

   Features:

   • Regular updates on your CIBIL score and full credit report
   • Personalised tips to help improve your credit health
   • Smart alerts for bill due dates, credit usage, and upcoming risks
   • Curated personal loan offers from partner lenders
   • Smooth transition from credit improvement to loan application, all within the app

3. Fi Money

   Best for: Combining instant loans with budgeting and financial planning

   Fi Money gives you personal loans up to ₹5 lakh through its lending partners. Along with loans, the app offers digital banking tools to manage your money, track expenses, and save better. That helps you stay on top of your finances while repaying your loan.

   Features:

   • Loan amounts range from ₹10,000 to ₹5 lakh
   • Interest starts around 12.75% per annum
   • Tenure options up to 48 months
   • Digital KYC and application process
   • EMI calculators and goal-based planning tools
   • Full view of EMIs alongside income and expenses

4. mPokket

   Best for: Students and freshers starting out with no credit history

   mPokket is tailored for students and young professionals who don’t yet qualify for bank loans. It provides instant, short-term loans credited directly to your bank account. The process is simple, the amounts are small to start with, and you can apply with just your student ID or salary slip. As you repay on time, your credit limit grows.

   This is one of the few apps that openly accepts zero credit history. It gives you a chance to start small and build up a clean repayment record. It’s helpful for managing expenses like hostel rent, tuition fees, or other one-time needs.

   Features:

   • Initial limits start low and can grow to ₹50,000
   • No CIBIL score required to begin
   • Uses PAN, Aadhaar, and basic proof of study or employment
   • Fast disbursals for urgent expenses
   • Bullet repayment or short EMIs based on your salary or stipend
   • Builds credit history over time for better future eligibility

5. Olyv

   Best for: Borrowers with poor CIBIL scores needing a fair second chance

   Olyv is one of the few lending platforms in India that openly works with borrowers who have CIBIL scores in the 500–600 range. If you’ve been rejected elsewhere due to credit issues but have stable income and repayment capacity, Olyv offers a fresh start. You can borrow small or large amounts and even access a Flexi Personal Loan that works like a reusable credit line.

   Features:

   • Loans range from ₹1,000 to ₹5 lakh
   • Short tenures from 2 to 18 months
   • Interest starts around 1.5% per month
   • 100% digital process with no need for security or guarantors
   • Offers both regular and flexible limit-based loans
   • Built-in educational support to help rebuild credit responsibly

6. IndiaLends

   Best for: Comparing loan offers across lenders with low credit risk

   IndiaLends helps you avoid multiple failed applications. Instead of applying to each lender separately, you fill in your details once and see a list of personal loan options that you’re more likely to qualify for. This is particularly useful if your credit history is patchy and you don’t know which lender might approve you.

   You also get a sense of how much loan amount you could receive, what documents you need, and what the interest rate might be. The entire journey is done inside the app or website, making it easy to track and compare.

   Features:

   • Aggregated offers from top banks and NBFCs
   • Soft eligibility checks that don’t affect your credit score
   • Loan comparison tools for interest rate, tenure, and fees
   • Digital documentation and real-time status tracking
   • Helpful for both salaried and self-employed applicants

7. Chola One

   Best for: Mid-size loans from a trusted NBFC with simple rules

   Chola One is part of Cholamandalam Finance. The app offers a clean, user-friendly interface and fast access to loans for salaried users. It’s especially helpful if you are based in a Tier 2 or Tier 3 city and prefer to deal with a brand that also has offline support.

   Even if your credit score isn’t perfect, you might still get approved if your income and job are stable. It’s a good balance between digital speed and NBFC credibility.

   Features:

   • Instant loans through app-based application
   • Loans structured into monthly EMIs
   • Accepts documents like salary slips and bank statements
   • No collateral required
   • Backed by an NBFC with physical customer support

8. RapidRupee

   Best for: Emergency short-term loans when credit score is not ideal

   RapidRupee is a quick solution for emergencies. It’s designed for small, short-term loans and is ideal when you’re facing a cash crunch. Even if your credit isn’t strong, the app may still approve your request based on your income and documents.

   The loans are not huge, but they are fast. That makes this a useful backup plan when you can’t wait days for approval.

   Features:

   • Loans disbursed quickly, often same-day
   • No need to visit branches or upload complex paperwork
   • Simple eligibility around age, income, and city
   • 100% online process
   • Fixed repayment periods through EMIs

9. LendingPlate

   Best for: Mid-ticket loans for salaried users with average credit

   LendingPlate gives you access to unsecured personal loans through a digital journey. The focus is on salaried individuals who may not qualify for premium bank offers but still have a regular income and moderate credit standing.

   The platform adjusts the interest rate based on your credit and income level, so you can still get a loan even if your profile is slightly risky.

   Features:

   • Loans without security, fully app-based
   • Customised interest rates based on your risk profile
   • EMI-based repayments to make planning easier
   • Simple documentation and approval within a few days

10. Shriram Finance Personal Loan

    Best for: Self-employed borrowers or those with informal income

    Shriram Finance understands that many Indians don’t have traditional jobs or fixed salaries but still manage their finances well. This NBFC offers loans even to people who work in the informal sector, run small businesses, or don’t have strong credit scores. If you can show steady cash flow or own a small asset, you can be eligible.

    They evaluate your ability to repay using business records, bank transactions, or even on-ground visits. With a wide branch network, Shriram also supports those who are not comfortable with purely digital processes.

    Features:

    • Loans tailored for salaried and self-employed people
    • Flexible documentation depending on your income type
    • Tenure options with structured EMIs
    • Physical branches for in-person assistance
    • Possibility of top-ups or future loans if you repay on time

11. Navi

    Best for: People looking for fast, fully digital loans with fair CIBIL profiles

    Navi is built for borrowers who want speed and simplicity without dealing with branches or paperwork. If your credit score is fair but not perfect, Navi can still work well because its approval process is automated and income focused. Everything happens inside the app, from eligibility check to disbursal, which makes it appealing when you need money urgently and do not want delays.

    The app clearly shows your EMI before you accept the loan, so you know exactly what you are committing to. This transparency helps borrowers with average credit avoid unpleasant surprises later.

    Features:

    • Fully app-based loan application with instant eligibility checks
    • Paperless KYC using PAN and Aadhaar
    • Quick sanction and direct bank disbursal
    • Fixed EMI options shown clearly before confirmation
    • No collateral or guarantor required
    • No restriction on how you use the funds

12. Home Credit

    Best for: Moving from small EMIs to personal loans gradually

    Home Credit is well known for financing consumer durables like phones and appliances, but it also offers personal loans for users with limited or thin credit history. If you have paid EMIs on gadgets or small loans earlier, Home Credit often uses that behaviour to judge your eligibility for personal loans.

    This makes it suitable if you are transitioning from in-store finance to direct cash loans. The loan sizes usually start smaller and increase as you build a repayment track record.

    Features:

    • Personal loans available via app, website, and partner outlets
    • Designed for new-to-credit and thin-file borrowers
    • Smaller ticket sizes suitable for daily and short-term needs
    • Loan size and terms improve with good repayment history
    • Useful stepping stone toward mainstream personal loans

13. Bajaj Finserv

    Best for: Larger personal loans from a trusted NBFC brand

    Bajaj Finserv is one of the oldest lenders in consumer finance in India. If you already have a relationship with Bajaj through EMIs, cards, or insurance, you may receive pre-approved personal loan offers even if your CIBIL score is not excellent. These offers reduce documentation and speed up approval.

    While Bajaj prefers borrowers with stable income, people with moderate credit scores and strong repayment behaviour still have a good chance, especially if they are existing customers.

    Features:

    • High loan amounts with longer repayment tenures
    • Pre-approved offers for existing Bajaj customers
    • Competitive interest rates compared to many instant loan apps
    • Digital application backed by strong branch support
    • Options for part-prepayment and foreclosure

14. Kissht

    Best for: BNPL users moving into personal loans

    Kissht started as a buy now pay later platform and gradually expanded into personal loans. If you already use Kissht for shopping or EMIs, the platform may approve you for cash loans based on your internal repayment history, even if your CIBIL score is still developing.

    This approach helps thin-file borrowers move into direct loans without depending only on bureau data. As you repay on time, your limits can improve steadily.

    Features:

    • BNPL, merchant EMIs, and personal loans in one app
    • Uses alternative data and Kissht repayment history
    • Small-ticket personal loans with flexible usage
    • Quick approvals and bank account disbursal
    • Scope for higher limits with good repayment behaviour

15. Airtel Finance

    Best for: Airtel users with pre-approved or no-credit-check offers

    Airtel Finance leverages its existing telecom customer base to offer personal loans through the Airtel app. For select users, some offers are marketed as no credit check because Airtel already has KYC and usage data on file. This can make access easier for users with thin or limited credit history.

    If you receive a pre-approved offer inside the Airtel app, the process is usually fast with minimal documentation.

    Features:

    • Loan offers integrated directly into the Airtel app
    • Eligibility often driven by internal data and partnerships
    • Minimal documentation due to existing KYC
    • Quick disbursal to your bank account
    • EMI tracking and support within the Airtel ecosystem

16. KreditBee

    Best for: Young professionals and gig workers with low or no CIBIL

    KreditBee is one of the most popular instant loan apps among young salaried users and gig workers. It focuses on speed, small-to-mid ticket loans, and easy access. If your credit score is low or you are new to credit, KreditBee can still approve you based on income, employment type, and internal risk checks.

    As you repay loans on time, the platform often increases your eligible limit, making it useful for repeated short-term needs.

    Features:

    • Loan amounts ranging from a few thousand to higher mid-ticket sizes
    • Simple digital KYC using PAN and address proof
    • Fast approvals and same-day disbursal for many users
    • Short and medium tenure EMI options
    • Designed to help low-score users build credit gradually

17. CASHe

    Best for: Salaried professionals with weak or no CIBIL but strong income

    CASHe evaluates borrowers using its own Social Loan Quotient, which looks beyond your credit score. It considers income stability, employment details, and digital footprint, making it suitable for borrowers whose bureau data does not fully reflect their current financial strength.

    If you are salaried and tech-comfortable, CASHe offers quick approvals and transparent pricing through a fully digital process.

    Features:

    • Loan amounts up to ₹3,00,000
    • Tenures up to 18 months
    • Interest rates based on risk profile
    • Fully paperless online application
    • Fast approvals and instant disbursal
    • Clear EMI schedules and processing fees shown upfront

18. Stashfin

    Best for: Credit line users who want card-like flexibility

    Stashfin combines a personal loan and a revolving credit line into one product. You get a reusable limit that can be used for cash withdrawals or card payments. This makes it suitable if you want flexibility instead of a one-time lump sum loan.

    Stashfin serves users with average or slightly low CIBIL by combining bureau checks with alternative data.

    Features:

    • Reusable credit line with EMI-based repayment
    • App plus physical card for purchases and ATM withdrawals
    • Serves average and slightly low-score borrowers
    • Clear tracking of EMIs and available limit
    • Helps manage revolving credit responsibly

19. Nira Finance

    Best for: Salaried users needing small, repeat access to credit

    Nira Finance focuses on salaried individuals who may not qualify for large bank loans. Instead of pushing big ticket sizes, it offers modest credit limits linked to salary and repayment behaviour. This makes it suitable for early-career professionals or users rebuilding credit.

    As you repay on time, you can access credit repeatedly, almost like a safety buffer.

    Features:

    • Salary-linked credit limits and small personal loans
    • Supports thin-file and low-CIBIL borrowers
    • Fast app-based application and disbursal
    • EMI-based repayment for easier planning
    • Option for repeat borrowing with good repayment history

20. PaySense

    Best for: Straightforward personal loans with predictable EMIs

    PaySense offers unsecured personal loans through a simple digital process. It uses alternative data along with bureau reports to assess risk, which helps borrowers with low or no CIBIL access loans without collateral.

    The app clearly displays EMI amounts and tenure before confirmation, making it easier to plan repayments.

    Features:

    • Instant personal loans with minimal documentation
    • Alternative data-based eligibility checks
    • Fixed EMI loans with short to medium tenures
    • Fully digital application and tracking
    • Funds usable for medical, education, travel, or consolidation

Benefits of Using Loan Apps with a Low CIBIL Score

Here are a few benefits of using a loan app that caters to people with low credit score:

1. Easy Access Even with Poor Credit

   These apps are designed for people who don’t have a perfect credit history. If banks have turned you down, these platforms still give you a chance. Even if you’re new to credit, you can still qualify.

2. Fast and Simple Application

   You won’t need to visit a branch or fill out long forms. Most apps work entirely online. Just download the app, upload a few documents, and get your loan approved in minutes. Some even disburse funds on the same day.

3. Different Way of Checking Eligibility

   Instead of only checking your CIBIL score, these apps look at your bank activity, regular income, spending behaviour, and digital footprint. This makes it easier to qualify if you earn steadily but don’t have a long credit history.

4. Flexible EMI Options

   You can often pick an EMI plan that suits your budget. Some apps offer weekly or monthly repayment options, so you’re not forced into something you can’t afford.

5. Chance to Improve Your Credit Score

   If you repay on time, your credit score will slowly go up. This opens up better options later like lower interest rates or higher loan limits.

6. No Collateral Needed

   Most of these loans are unsecured, meaning you don’t need to pledge your gold, property, or anything else. That makes it safer and easier for first-time borrowers.

How to Choose the Right Loan App with a Bad Credit Score

Choosing the right loan app makes a big difference, especially if your score is low. Here are a few tips:

• Check if the app is RBI-registered to avoid scams or shady lending practices.
• Read the fine print. Look for hidden fees, especially processing charges, late penalties, or prepayment rules.
• Compare interest rates and tenures to find what fits your budget.
• Look at customer reviews on Play Store or App Store to see how others have rated their experience.
• See if the app reports to credit bureaus. If yes, it can help you build your score.

Tips to Improve Your CIBIL Score

Improving your score takes time, but steady efforts can help you get there. Here's what you can do:

1. Always Pay on Time

   Timely payments make up the biggest chunk of your credit score. Use auto-debit or phone reminders to avoid missing due dates.

2. Keep Credit Usage Low

   If you use a credit card, try not to use more than 30% of your limit. Using too much too often signals credit stress, which pulls down your score.

3. Review Your Credit Report Regularly

   Mistakes happen. Get a free report from CIBIL every year and look for errors. Dispute anything that doesn’t look right.

4. Don’t Apply for Too Many Loans at Once

   Each loan or card application adds a hard inquiry. Too many of those in a short time lowers your score.

5. Pay Down Existing Debt

   Focus on paying off credit cards or loans with high interest. Start with the ones that have the smallest balance or highest interest rate.

6. Keep Older Credit Accounts Open

   Old credit cards in good standing show long-term responsible use. Closing them might actually hurt your score.

7. Maintain a Healthy Credit Mix

   Having a mix of credit types like a credit card (unsecured) and a car loan (secured) helps your profile look balanced.

8. Increase Credit Limits Carefully

   Asking your bank to increase your credit limit can reduce your utilisation ratio. Just make sure you don’t end up spending more.

Closing Thoughts

A low or missing CIBIL score does not mean you are out of options. These loan apps can help you handle urgent needs, but you should still borrow carefully and compare total costs before you accept any offer. If you repay on time and keep your EMIs manageable, you can slowly rebuild your credit and unlock better loan options in the future.

Frequently Asked Questions (FAQs)

1. Can I get a loan with a CIBIL score of 500?

   Yes, you can. Some loan apps in India give loans even with a 500 CIBIL score. The loan amount may be smaller, and the interest might be higher, but it’s possible. These loans are usually short-term and work better if you have a regular income.

2. What is the best bad CIBIL loan app list in India?

   If you are looking for one top option, Freo is a solid choice. It offers personal loans even with a low CIBIL score. The process is simple, the approval is fast, and it works well for students and salaried people who need quick access to funds without strict credit history requirements.

3. Can a loan app help improve my CIBIL score?

   Yes. If the app reports to credit bureaus and you repay on time, it can improve your score. Even small loans, when paid back responsibly, help build a better credit history over time.

4. Are app loans secure?

   Most RBI-registered apps are safe to use. Always check if the app is listed on RBI’s verified list or backed by a known NBFC. Avoid apps that ask for unnecessary permissions or charge hidden fees.

5. What paperwork is needed to apply for an app loan?

   Usually, you’ll need your Aadhaar, PAN card, and a selfie. Some apps may also ask for bank statements, salary slips, or basic address proof depending on the loan amount and your profile.

6. Can students or freelancers apply for loans with a low credit score?

   Yes. Many loan apps are made for students. Freelancers can apply too apps like Freo, especially if they have regular income proof like bank statements or ITR documents.

7. Do low CIBIL loan apps require salary slips or income proof?

   Some do, some don’t. Student-friendly apps usually skip salary slips. But if you’re applying for a higher loan amount, the app might ask for income proof or bank details to check repayment ability.

8. Are loans from low CIBIL score apps reported to credit bureaus?

   Most trusted apps report to CIBIL or other bureaus. This is a good thing if you’re repaying on time. It helps rebuild your credit profile. But if you default, it may further affect your score.