Low Cibil Score Loan App 2025: Managing daily expenses like school fees, medical bills, weddings, travel, and investment needs can be challenging, especially when funds are tight. Often, multiple expenses arise at once, making it difficult to cover them with a single monthly income. In such situations, taking a loan becomes a necessary solution. However, many individuals struggle to get a loan due to a low CIBIL score. This article presents various loan apps that provide loans even with a low CIBIL score, helping you navigate financial hurdles.
Low Cibil Score Loan App 2025
In recent times, numerous loan apps are offering personal loans without collateral, even for people with low CIBIL scores. Here is a list of leading apps that you can use to secure a loan:
- Patience
- MoneyTap
- Rice
- India lends
- CreditB
- Serious
- Cash
- Money View
- Starting salary
- Smartcoin
- Home Credit
- LazyPay
- mPoked
- Flex pay
- Bajaj Finserv
- PayMeIndia
- LoanTap
- Amazon Pay
- Rupireddy
- Stashfin
Benefits of Low CIBIL Score Loan Apps | Low Cibil Score Loan App 2025
- These loan applications do not require a high CIBIL score.
- You can easily get a loan from ₹2,000 to ₹50,000.
- Most apps offer up to 6 months for payment.
- Only Aadhaar and PAN card are required.
- Apply online without visiting any branch.
- Many of these loan apps are RBI and NBFC registered.
- The loan is given without any security or collateral.
- The loan is approved within 30 minutes and deposited into your bank account.
- Both men and women can get loans.
- Loans are available to individuals from all walks of life.
Drawbacks of Low CIBIL Score Loan Applications
- High interest rates : Loans come with very high interest rates.
- Collateral : In some cases, collateral may still be required.
- Short repayment period : The repayment period is usually very limited.
- High fees : Processing fees and other charges can be very high.
- Low loan amount : The loan amount offered is usually small.
Charges associated with low CIBIL score loan apps
- Interest rates range from 12% to 48%.
- A processing fee of up to 10% may be charged.
- Documentation and platform fees are additional.
- High penalties for late payments.
- 18% GST on processing and interest rates.
Eligibility Criteria for Low CIBIL Score Loan Applications
Indian citizens.
Applicants must be between 18 and 55 years of age.
Regular income is required. Aadhar card, PAN card and bank account details.
Documents required for low CIBIL score loan applications
- ID Proof : PAN Card
- Address Proof : Aadhar Card
- Bank details : Bank statements for the last 6 months
- Photos : 2-3 selfie photos
- E-Sign : Signing a contract online
How to apply for a loan using Low CIBIL Score Loan Apps | Low Cibil Score Loan App 2025
- Install the desired loan app on your mobile.
- Complete the registration process using your PAN and Aadhaar card.
- Enter all the required personal and bank details.
- Choose a small loan amount and apply.
- The NBFC or loan app company will review your application and approve the loan if you meet all the criteria.
- Once approved, the loan amount will be deposited into your bank account.
- Each loan application has a unique application process, so follow the instructions carefully to apply successfully.
Important Links
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