Low Credit Score Loans: Quick Help When You Need It Most
Get Loans even with a low credit score
Easy approval | Less paperwork | Fast disbursal
Use for Emergencies, Bills, Business & More
Why Choose Kreditbazar for Low Credit Score Loans?
We work with top lenders and NBFCs who offer personal loans specially made for people with low credit scores.
Loans That Work for You – Even with a Low CIBIL Score
Don’t let a low score hold you back. Whether it’s a medical emergency, home repair, marriage, or any urgent expense, we help you get loans even if your CIBIL score is below 650.
Trusted Lender Network for Maximum Chances
We’ve partnered with lenders who are open to offering loans to people with low or average credit history. They check your overall profile, not just your credit score.
Fast Approvals, Quick Disbursal
Our partner lenders make quick decisions and release the loan amount fast, usually within 24 to 48 hours. No unnecessary waiting or follow-ups!
Minimal Documents, Hassle-Free Process
We keep things simple! Just submit a few basic documents like Aadhaar, PAN, bank statements, and income proof. No heavy paperwork or long processes.
Flexible EMI Options for Easy Repayment
Worried about paying EMIs? Don’t be. Our lenders give you flexible EMI plans that fit your budget. You choose the amount and tenure that works best for you.
100% Transparent – No Hidden Fees
At Kreditbazar, what you see is what you get. We don’t surprise you with extra charges or tricky terms. You get full clarity on interest rates, fees, and EMIs before you sign up.
Are There Any Fees Involved in Low-Credit-Score Loans?
Yes, like any loan, there may be some charges, like processing fees and interest rates. But don’t worry—everything is mentioned before you apply. No surprises, just simple and fair terms.
| Fee Type | Amount |
|---|---|
| Rate Of Interest | Starting from 16% p.a. on a reduced balance basis |
| Processing Fee | Starting from 2% of the loan amount plus GST |
| Tenure | 3 to 36 months |
| APR | Starting from 18% |
| Bounce Charge | ₹500 plus GST |
| Late Payment Charges | ₹500 plus GST or 3% of the total loan amount, whichever is higher as per the overdue amount |
| Stamp Duty | 0.1% of the loan amount |
| Mandate Rejection Charges | ₹250 plus GST |
| Pre-Clouser Charges | Nil |
Know Loan Criteria, Apply Confidently!
Quick and Simple Requirements to Avail a Personal Loan through Kreditbazar
NBFC Loan Criteria for Salaried
Eligibility Criteria -
Age Range: 21 to 55 years
Monthly Income: ₹15,000 & above (Reflected in bank statement)
Job Duration: Min. 1 year
Nationality: Indian
Documents Required -
Identity Proof : Passport / Aadhaar card / PAN card / Driver's license
Selfie : A clear picture of yours with proper lighting
Address Proof : Passport / Rent agreement / Utility bills / Voter’s ID
Proof of Income : Bank statements / Salary slips (3 months) / Form 16
NBFC Loan Criteria for Self-Employed
Eligibility Criteria -
Age Range: 21 to 55 years
Monthly Income: ₹15,000 & above (Reflected in bank statement)
Business Duration: Min. 1 year
Nationality: Indian
Documents Required -
Identity Proof : Passport / Aadhaar card / PAN card / Driver's license
Selfie : A clear picture of yours with proper lighting
Address Proof : Passport / Rent agreement / Utility bills / Voter’s ID
Proof of Income : Bank statements / Minimum 3 Year IT Return
Choose a Loan As Per Your Needs
Looking for the right plan? Find the best Loan option based on your budget and needs. Apply easily using an Aadhaar Card and pay in flexible EMIs.
Travel
Education
Emergency
Shopping
Wedding
Low Salary
Maternity
Gifting
Home Renovation
FAQs about Low Credit Score Loans
Find answers to common questions about getting a loan with a low CIBIL score, such as eligibility, documents, interest rate, and more.
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Can I get a personal loan if I have a low credit score?
Yes, you can. Many lenders now understand that a low credit score doesn't always mean you're not reliable. If you have a stable income or job, you may still qualify for a personal loan, even with a low CIBIL score.
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What is the minimum CIBIL score needed for a loan?
Usually, lenders prefer a CIBIL score of 700 or above. But if your score is below 650, some lenders still offer personal loans, especially if you meet other criteria like regular income or job stability.
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Will I get a high interest rate if my credit score is low?
Yes, interest rates may be slightly higher if your credit score is low. However, some NBFCs and lenders offer competitive rates based on your income and repayment capacity, not just your credit score.
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What documents do I need to apply for a low-credit-score loan?
You only need basic documents like Aadhaar Card, PAN Card, latest bank statement, salary slips (or income proof if self-employed), and address proof. No heavy paperwork is required.
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How much loan amount can I get with a low credit score?
The loan amount depends on your income and repayment capacity. You can get anywhere between ₹25,000 to ₹5 Lakhs or even more, depending on the lender and your financial profile.
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Will applying for a loan affect my credit score further?
If you apply with too many lenders at once, it might slightly reduce your score. But if you apply through Kreditbazar, we connect you to the right lender directly, so your score is not impacted much.
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Can I improve my credit score after getting a low-score loan?
Yes, absolutely! If you repay your EMIs on time and maintain a good payment track record, your credit score will slowly improve over time.
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How long does it take to get the loan amount?
If everything is in place, lenders usually approve and disburse the loan within 24 to 48 hours. Some NBFCs even offer same-day disbursal if your documents are ready.
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Are there any hidden charges in these types of loans?
No, Kreditbazar and its partner lenders follow a transparent process. All charges, like processing fees or prepayment charges (if any), are mentioned before you accept the offer.
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Is collateral required for low credit score loans?
No, these are unsecured personal loans, so you don’t need to keep any assets like gold or property as security. Your income and job status are considered instead.
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Can self-employed individuals apply for a low credit score loan?
Yes, if you are self-employed and have regular monthly income with basic documents, you can apply and get a loan even with a low credit score.
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What if my loan gets rejected due to a low credit score?
If your loan gets rejected, don't worry. Kreditbazar can help you find another suitable lender who is more flexible. Also, you can work on improving your credit score and apply again.
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Can I repay my loan early to save interest?
Yes, most lenders allow prepayment or foreclosure after a few months. Just check if there are any charges for early closure before signing the loan agreement.
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Do government employees get any special advantage even with a low credit score?
Yes, some lenders give preference to government employees due to their job stability and regular salary, even if their credit score is low.
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How can Kreditbazar help me get a low-credit-score loan?
Kreditbazar connects you with trusted lenders who are willing to offer loans to borrowers with low credit scores. We simplify the process, reduce paperwork, and help you choose the best loan as per your budget and income.
