A low CIBIL score doesn’t have to mean rejection. Yes, it makes things tougher—but not impossible. Quick Cashs tie-ups with various fintech companies and alternate lenders offer ways to get personal loans instantly, even if your credit history is less than ideal.
What is a Low CIBIL Score?
The CIBIL score ranges from 300 to 900. A score below 650 is typically considered low and may indicate past credit issues, such as missed payments, defaults, or excessive credit usage. For most banks and NBFCs, a low score triggers a red flag.
| CIBIL Score | Remarks |
| 850 -900 | Excellent |
701 – 850 | Good |
| 501 – 700 | Low |
| Below 500 | Poor |
Benefits of Getting a Personal Loan with a Low CIBIL Score
Quick Approval & Disbursement: Get a fast and instant loan from Quick Cash. We partner with over 95+ NBFC companies that disburse loans within 48 hours.
Minimal Documentation: Personal loans are available for those with low credit scores requiring minimal documentation. Applicant KYC, income proof & Bank statement are the only required documents.
No Collateral Needed: Lenders offer unsecured personal loans, even with low CIBIL scores.
Flexible Use: Borrow for various purposes, such as medical bills, education, travel, emergencies, or debt consolidation.
Credit Score Improvement: You can improve your credit score by borrowing loans at lower CIBIL from our partner companies. Increase your credit scores by paying EMI on time.
4 Smart Ways to Get a Loan with a Low Credit Score
- Look for NBFCs or Fintech Lenders: You can opt for non-banking financial companies (NBFCs) and fintech lenders, which are generally more flexible. They often consider loans with low CIBIL scores. Our partner NBFC companies like InCred, Finnable, and WeRize provide loans at 680 credit score.
- Use a Guarantor or Co-Applicant: A co-applicant with good credit can significantly improve your chances of loan approval. Lenders are more confident because the guarantor is legally liable if the borrower defaults.
- Offer Collateral: If you own gold, property, or fixed deposits, consider a secured loan. The risk for the lender drops and approval becomes easier—even with poor credit.
- Try Peer-to-Peer Lending Platform: P2P platforms match borrowers directly with individual lenders. These platforms frequently approve loans for people with low credit scores.
Eligibility Criteria
Even with a low CIBIL score, you can qualify if you meet some of these conditions:
| Criteria | Requirement |
| Age | 21 to 55 years |
| Employment | Salaried with ₹12,000 monthly income |
| Work Experience | At least 12 months (for salaried) |
| CIBIL Score | 680 – 700 accepted by select lenders or zero score |
| Location | All India Location |
Documents for Low CIBIL Personal Loan
KYC Documents (anyone from each category):
- Identity Proof: PAN Card / Aadhaar Card / Voter ID / Passport
- Address Proof: Aadhaar / Utility Bills / Rent Agreement
Income Proof:
- Salaried: Last 3 months’ salary slips + 12-month bank statements
Employment Proof:
- Offer letter or Salary slip (for salaried)
Additional Documents (if required):
- Guarantor’s documents
Lender Offering Personal Loan at Low CIBIL
| Lenders | Interest Rate (p.a.) | CIBIL Score | Salary Per Month | |
| WeRize | 16% to 18% p.a. | -1/ 680+ | Rs. 12,000 | Apply Now |
| MoneyView | 1.33% per month | 720+ | Rs. 13,500 | Apply Now |
| InCred | 11.49% to 18% p.a. | -1/ 700+ | Rs. 15,000 | Apply Now |
| Fibe | 24% to 30% p.a. | -1/ 680+ | Rs. 18,000 | Apply Now |
| Prefr | 18% to 36% p.a. | 730+ | Rs. 18,000 | Apply Now |
| Finnable | 16% to 22% p.a. | -1/ 700+ | Rs. 15,000 | Apply Now |
| IDFC | 12.50% to 18% p.a. | 700+ | Rs. 15,000 | Apply Now |
| PaySense | 1.4% to 2.3% per month | 720+ | Rs. 18,000 | Apply Now |
| mPokket | 1% to 6% per month | 680+ | Rs. 9,000 | Apply Now |
Also Read: I need a Loan of 50,000 urgently Online
Final Word
A low CIBIL score doesn’t mean you’re out of match—it just means you need to be smart and strategic. By exploring our partner lenders, you will definitely get a personal loan. Before applying, read all details like eligibility criteria, documents, and income.
FAQs
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My salary is Rs. 12,500 and my credit score is 700+. Can I be eligible for a loan?
Yes, Quick Cashs provides loans from our partner banks. We provide loans at a 12,000 salary with 680+ CIBIL. You can apply from the above link.
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I have a zero credit score. May I be eligible for a personal loan?
You can borrow a personal loan at zero credit score if you have a minimum Rs. 12K net salary. You must deposit your income into a bank account.
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Can I borrow a personal loan at a 680 credit score?
Obtaining a personal loan with a 680 score is possible. Our partner bank WeRize provides loans at a 680 score. But you must be a salaried person with Rs. 12K in-hand salary.
