Can I get Personal Loan with no CIBIL score?
Accepted Answer ✓ Accepted
Borrowers with no CIBIL score, often first-time credit users, may find it difficult to get a Personal Loan. Lenders rely on credit history to assess risk. In India, some lenders may approve small loans based on income stability and bank transactions, but options are limited. Building a credit history through smaller credit products can improve future eligibility.
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Hard, but not impossible. Usually only small loans until you build credit history.
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