If you have any proof of income, you can easily get an instant personal loan from any lending loan application. For this, whether your credit score is low or not at all, then by showing your salary slip or bank statement as proof of your income, you can take it from the bank, mobile loan application, finance company. know How to Get Loan Without Credit Score?
Well, at present, there are many ways to take a loan without credit score, if your credit score is very low or not, then through this article we will tell you about some such platforms, with the help of which without CIBIL score Loan. if you want to take loan online through Aadhar card, Pan card but without credit score then you are reading the right article.
Here we will give you information about what is credit score, eligibility criteria to take personal loan without credit score, documents, lending platform, how to apply for loan without credit score step by step etc. Also, you can read this article till the end.
What is Credit Score?
Call it credit score or say CIBIL score, both are same. Some people currently know it as CIBIL Score and some by the name of Credit Score. The full form of CIBIL is (Credit Information Bureau India Limited) This is an organization that keeps track of all the loan transactions of all PAN card users, through which the lending platforms are able to find out who to give loan. and how not to give loan.
It is often seen that the better the credit score, the better the loan amount will be available. A 3-digit number is issued by the credit bureaus to find out the credit score.
On giving loans, all banks, finance companies, registered lending institutions in India report all the information of all their loan user users to the Civil Bureau, so that the next time that user takes the user, the data related to it can be used. The security of the loan can be ascertained through the credit history.
Personal Loan Without Credit Score Eligibility Criteria
There are some terms and conditions for taking a personal loan without credit score, which are very important to follow, only then you will be able to take the loan.
- Applicant must be an Indian citizen
- Must be 18 years of age.
- One must have a smartphone and internet connection to apply for the loan.
- It is necessary to have Aadhar card, PAN card, to take loan.
- Aadhar card linked mobile number will be required for address verification.
- A selfie has to be uploaded for identity proof.
Personal Document without Credit Score
The following documents will be required to take a personal loan without credit score:
- Aadhar card
- Pan card
- Bank statement of last 6 months
- Bank account number current
- One passport size photograph.
- Lending platform
At present, one can use the following platforms to take a personal loan without a credit score which is as follows:
|Sr No||App Name||Loan Amount|
|2||Smartcoin||₹4000 to ₹1 Lakh|
|3||Kreditzy||₹1,000 to ₹200,000|
|4||Kreditbee||₹1,000 to ₹3 Lakh|
|5||Simpl Pay Later||₹1,000 to ₹20,000|
|6||Branch App||₹750 to ₹ 50,000|
|7||Lazypay||₹1000 to ₹ 50,000|
|8||Icici bank pay later||₹1000 to ₹ 20,000|
|9||Sbi yono pay later||₹1000to ₹ 20,000|
|10||Amazon Pay Later||₹1000 to ₹ 30,000|
|11||Flipkart Pay later||₹1000 to ₹ 30,000|
|12||Mobiwik Zip pay later||₹1000 to ₹ 30,000|
|13||Money view||₹1000 to ₹5 Lakh|
|14||Cashe||Cashe: ₹3000 to ₹4 Lakh|
|15||Paysense||₹5000 to ₹ 5 Lakh|
|16||Moneytap||₹10,000 to ₹ 5 Lakh|
|17||IDFC personal loan||₹20,000 to ₹40 lakhs|
How to Apply for loan without Credit Score Step by Step
Without Credit Score, you can follow the steps given below to apply for a loan sitting at home from your mobile.
Step 1. Install the above mentioned app from Google Play Store.
Step 2. After this sign up with your mobile number.
Step 3. Now fill all your information like name, address, date of birth, address, income etc.
Step 4. After filling all the details, upload your KYC documents.
Step 5. Now wait till the loan is approved, as soon as the loan is approved, this amount is transferred to the bank specified by you.
How to Take Loan without Credit Score
To take a loans without credit score, first of all you will need Aadhar card, PAN card, bank account number, last 6 months bank statement, and a selfie. To take a loan, you can take the help of Loan Application, where the loan amount can be from ₹ 1000 to ₹ 500000.
How to Take Loan without Bank Account
It is impossible to take a loan without a bank account, because it is very important to have a bank account to get the loan amount, if you do not have a bank account now, then first of all, open your account in any government or private bank. Only then apply for the loan.
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