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Obtaining a personal loan without a CIBIL (Credit Information Bureau India Limited) score or credit score can seem impossible. However, it’s entirely feasible with the right approach.

Whether you’re a young adult just beginning to establish credit or someone who’s encountered setbacks, understanding how to navigate the process can open doors to much-needed financial assistance.

In this article, we will address the following questions:

How to obtain a urgent loan with bad credit in India?
Are there any alternative options to get a personal loan?

Let’s get started.

How to Apply for a Personal Loan in 4 Easy Steps

1. Verify Eligibility:

Go to the InstaMoney website or you can download the app, put all your information, and get your eligibility status within 2 minutes.

2. Select Loan Duration:

Choose your loan amount and repayment period from the available options.

3. Submit Documents:

Upload all required documents online for verification purposes.

4. Disbursement of Loan Amount:

Once your documents are verified and the loan agreement is submitted, the approved amount will be transferred to your bank account within 2 hours.

8 Easy Ways to Get Instant Loan Without Cibil

Banks are not the only option when you want to take a loan without a CIBIL score. You can meet your credit requirements using the following methods:

1. Explore Lenders Offering Loans Without CIBIL Score Requirements

The first thing that you need to keep in mind is that not all lenders rely on credit scores. Various loan apps focus on the stability of your income and your employment status.

Create a list of these lenders and then decide which one best fits your requirement.

Additionally, when seeking a loan without credit score, consider applying for a smaller amount. Lenders may be more willing to approve loans with lower risk exposure.

By borrowing a smaller sum, you demonstrate responsible borrowing behaviour and increase the likelihood of approval.

2. Prepare Your Documents

For getting any sort of loan, even a loan without a CIBIL score, you will have to prepare your documents that the lender will scrutinize. These documents generally include:

  • Your bank statements
  • Your salary slips or any other proof of income
  • Proof of identity like an Aadhaar card
  • Your recent photographs
  • Proof of address like an Aadhaar card, voter card, etc.

3. Apply for a Secured Loan or Add a Co-signer

Consider applying for a secured loan by offering collateral. Collateral serves as a form of security for the lender, reducing their risk in case of default. Assets such as a vehicle, property, or savings account can be used as collateral.

You can discuss the type of collateral you can provide with your bank to get an instant loan without CIBIL score.

You can even get the support of a co-applicant who applies for the loan along with you. The guarantor could be anybody with a good CIBIL score.

Ensure your guarantor understands the responsibility they’re undertaking and choose someone who has a good credit standing and trusts your ability to repay the loan.

This amplifies your chances of getting an instant loan without CIBIL.

4. Show Proof of Your Stable Income

Lenders require income verification to assess your loan repayment capacity. Providing evidence of a steady income can alleviate lenders’ concerns when applying for a personal loan without a CIBIL score.

Demonstrate consistent earnings through employment, self-employment, or other sources to reassure lenders of your ability to repay the loan on time.

5. Loan Against Assets

You can pledge your assets like property, gold, etc to secure a loan without the need to show your credit score.

6. Request a Smaller Loan Amount

When applying online, ask for a smaller loan. Lenders are more likely to approve smaller loans without checking your credit history extensively.

7. Peer-to-Peer Lending

Various peer-to-peer lending platforms like LenDenClub facilitate borrowing from individuals rather than institutions. These often have more flexible criteria. You might be easily able to get small loans without a CIBIL score on such platforms.

8. Loan Apps Without Credit Score

There are some loan apps without credit score for small loans. They assess your creditworthiness based on data like your banking activity and bill payment history.

Why Choose Instamoney For Personal Loans

Instamoney is a leading online loan app for those seeking an instant loan without cibil. The application process is completely online with minimal documentation.

Any Indian citizen who is a salaried individual in the age group of 21-45 years with a minimum take-home salary of Rs 12,000 is eligible for Instamoney’s instant personal loan.

All you need is four documents- a selfie, PAN card, Aadhaar card/ address ID proof, and your bank statement.

Instamoney provides instant loans for various purposes like medical emergencies, education, credit card payments, and debt consolidation. It stands out for its innovative approach to evaluating creditworthiness, catering to a wider audience that traditional financial institutions might overlook.


In this blog, we discussed how you can obtain a personal loan without credit score. The application process stays the same as in the case of normal loans. You can apply with a co-applicant or a guarantor or obtain a loan against collateral for obtaining a personal loan without CIBIL score.

Apart from banks and instant loan apps, there are alternative options like peer-to-peer platforms that allow you to borrow money. By understanding the right steps to apply for a personal loan and exploring alternative options, you can secure the financial assistance you need. 


1. What Are the Eligibility Criteria for a Loan Without a Credit Score?

Several alternative criteria like your income levels, your employment stability, and consistency in transactions in your bank account can be the eligibility criteria for an instant loan without credit score.

2. How do I Get Urgent Loan with Bad Credit in India?

To get a loan without credit score either apply with a co-applicant or guarantor or take a loan against a collateral. Also, start by taking a small loan and thereby building your credit track record over some time.

3. How Long Does the Loan Approval Process Take?

For loans without CIBIL score, especially through loan apps, the approval process can be incredibly quick. Most such loan apps disburse the loan amount within 24 hours after the approval of the loan.