How to Get a Loan Without a CIBIL Score in India – 2025 Guide
In India, your CIBIL score plays a crucial role in loan approvals. But what if you have no CIBIL score at all? Many students, first-time job seekers, and even self-employed individuals struggle to get loans because they haven’t used credit before. The good news is—you can still get a loan without a CIBIL score. In this 2025 guide, we explain how to do it, which lenders to approach, and tips to boost your loan eligibility.
---📌 What Does ‘No CIBIL Score’ Mean?
A CIBIL score is generated when you’ve had credit exposure—like a credit card, personal loan, or EMI. If you’ve never used credit, the bureau labels your score as "NH" (No History) or "NA" (Not Applicable). This doesn’t mean you are a defaulter—it just means the system doesn’t have enough data to assess your risk profile.
Common Reasons for ‘No CIBIL’ Status:
- New to credit (students or freshers)
- Living debt-free (no loans or cards)
- Inactive credit accounts for years
💡 Can You Still Get a Loan Without a Credit Score?
Yes, you can! Many lenders in India now offer loans to individuals without a CIBIL score. However, the interest rates may be slightly higher or the loan amount lower unless you have some alternative assurance to offer.
---🏦 1. Apply for a Secured Loan (Backed by Collateral)
Secured loans are the easiest way to get funding without a CIBIL score. Since these loans are backed by assets, lenders don’t rely only on your credit history.
Types of Secured Loans You Can Get:
- ✅ Loan Against Fixed Deposit (FD)
- ✅ Loan Against Gold
- ✅ Loan Against Property (LAP)
- ✅ Loan Against Securities (Mutual Funds, Shares)
Example:
Ravi needed ₹1 lakh for his father’s surgery but had no CIBIL score. He pledged his gold and got a gold loan at 9.5% from Muthoot Finance—no questions asked!
---💳 2. Get a Credit Builder Loan or Secured Credit Card
To build your credit profile, start with:
- Secured Credit Card – Issued against an FD (e.g., ICICI, SBI)
- Credit Builder Loan – Offered by fintechs or small NBFCs
After 6–8 months of timely payments, your CIBIL score begins to build, making it easier to apply for larger loans later.
---👨🎓 3. Education Loan Without CIBIL (For Students)
If you’re a student applying for an education loan, you may not have a credit score—but you can still get a loan by adding a co-applicant or collateral.
Requirements:
- Co-applicant: Usually a parent or guardian
- Collateral: Optional for loans below ₹7.5 lakh
- Income proof of co-applicant
Top Lenders for Education Loans Without CIBIL:
- SBI Student Loan Scheme
- HDFC Credila
- Bank of Baroda Vidya Lakshmi
📱 4. Use Instant Loan Apps (With Caution)
Fintech apps like MoneyTap, CASHe, KreditBee and PaySense often approve loans based on income and mobile data—not just your CIBIL score.
Pros:
- Quick disbursal
- Minimal documentation
Cons:
- High interest rates (18–35%)
- Short repayment periods
Warning: Use only RBI-registered apps. Avoid shady lenders that ask for full phone access.
---🧾 5. Provide Alternative Proof of Creditworthiness
Even without a CIBIL score, you can improve your chances by showing:
- ✅ Salary slips (last 3–6 months)
- ✅ Bank statements
- ✅ Income Tax Returns (ITRs)
- ✅ Employment letter or contract
These documents give lenders confidence that you can repay the loan.
---👨👩👧👦 6. Apply with a Co-Applicant or Guarantor
Adding a family member or friend with a good credit history improves your approval chances. If your co-applicant has a CIBIL score above 700, the bank may overlook your lack of score.
---🏦 Top Indian Lenders Offering Loans Without CIBIL (2025)
| Lender | Loan Type | Eligibility Without CIBIL | Interest Rate |
|---|---|---|---|
| Muthoot Finance | Gold Loan | Gold collateral | 8%–12% |
| SBI | Education Loan | Co-applicant with income | 9%–11% |
| KreditBee | Personal Loan | Income proof | 18%–32% |
| ICICI Bank | Secured Credit Card | FD of ₹10,000+ | NA |
🔁 How to Build a CIBIL Score After Getting the Loan
Once you get a loan or credit card, build your score over time:
- 💳 Pay EMIs and bills on time
- 📊 Keep credit utilization under 30%
- 🔄 Check credit report every 3–6 months
- 🧾 Avoid loan rejections and over-borrowing
🧠 FAQs – Getting Loans Without CIBIL in India (2025)
Q1. Is a CIBIL score mandatory for all loans?
No. Many lenders offer loans based on income, collateral, or co-applicant credibility—even if you don’t have a score.
Q2. Can students get loans without credit history?
Yes. Education loans don’t require CIBIL if supported by a parent/guardian as co-borrower.
Q3. Do fintech loans impact CIBIL score?
Yes. Once reported, repayments affect your credit history positively or negatively.
Q4. How long does it take to build a CIBIL score?
With regular credit usage and repayments, you can build a score within 6–12 months.
---📌 Final Thoughts
Having no CIBIL score doesn't mean you're ineligible for loans. With the right strategy—like opting for secured loans, using credit builder tools, or applying with a co-applicant—you can access credit and also start building your credit history.
💡 Pro Tip: Begin with a secured credit card or small personal loan. Pay on time. Within a year, you’ll have both a credit history and better loan offers.
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