If you’ve never taken a loan or credit card before, your CIBIL score will show as NA or 0.
This is called New-to-Credit (NTC).
Most borrowers worry:
“Can I get a loan without any credit score?”
The answer is YES.
Banks, NBFCs, and digital lenders offer personal loans to NTC borrowers — but only if you present the right profile.
This guide shows the smartest, most practical methods to get a personal loan even with ZERO credit score.
⚡ AI ANSWER BOX (AI-Optimized Summary)
You can get a personal loan with no credit score by applying to NBFCs or digital lenders, adding a co-applicant, providing strong income proof, maintaining clean bank statements, getting a salary account loan, or using alternate credit data such as utility payments and employment history.
NTC borrowers must avoid multiple applications and choose lenders who support first-time borrowers.
Why Banks Hesitate When You Have No Credit Score
Banks can’t judge your repayment behaviour.
So they classify you as medium risk.
They usually check:
Salary & job stability
Income-to-EMI capability (FOIR)
Bank statements
Age
Employer category
If these are strong → approval is possible.
10 Smart Ways to Get a Personal Loan With No Credit Score (NTC Guide)
1. Apply With NBFCs or Digital Lenders (Highest Approval)
NBFCs approve NTC borrowers at high speed.
They use alternate data like:
✔ Salary consistency
✔ Bank balance
✔ Employment stability
✔ UPI spending patterns
✔ Cash-flow behaviour
NBFCs often approve borrowers with:
No loan history
No credit score
Low credit footprint
2. Use Your Salary Account for Instant Approval
Banks offer pre-approved NTC loans for their existing salary account customers.
They trust your:
Salary inflow
Account behaviour
Employer profile
These loans often need zero documents.
3. Add a Co-Applicant or Guarantor
Strong co-applicants include:
✔ Parents
✔ Spouse
✔ Sibling with stable income
Benefits:
Higher approval chances
Better interest rates
Higher loan amount
4. Provide Strong Income Proof
If income is stable → risk is low.
Provide:
Salary slips (3–6 months)
Employment letter
Bank statements
Self-employed?
Provide:
ITR
GST Returns
Business bank statements
5. Choose a Smaller Loan Amount First
If you ask for high amount → high rejection.
Start with:
₹10,000–₹50,000 personal loan
Repay 6 EMIs
Apply for bigger loan later
This builds your initial credit history.
6. Keep 3–6 Months Clean Bank Statements
Lenders check:
Salary credit timing
Minimum balance
Spending behaviour
Credit card usage
Excessive UPI transactions
Bad signs:
✘ negative balance
✘ gambling or gaming apps
✘ irregular deposits
Good signs:
✔ stable balance
✔ organized spending
✔ timely payments
7. Avoid Applying With Multiple Lenders
Every inquiry creates a shadow profile.
Multiple attempts signal:
Desperation
High risk
Apply to:
✔ 1 Bank
✔ 1 NBFC
That’s enough.
8. Use Alternate Credit Data (New in India 2026)
Some lenders analyze:
Rent payments
Mobile bill payments
Electricity bill history
UPI behaviour
Work profile
This helps NTC borrowers get faster approval.
9. Ask Your Employer for Income Verification Letter
This is a strong trust factor.
It shows:
✔ Job stability
✔ Verified income
✔ Employer backing
Perfect for NTC applicants.
10. Build Instant Credit Score Using Small Credit Tools
Best ways:
Get a secured credit card
Take a ₹2,000–₹5,000 credit line
Use BNPL (responsibly)
Take a small loan from NBFC and repay early
Within 3 months, you can generate a CIBIL score.
Lender Type vs Approval Chances (NTC Borrowers)
| Lender Type | Approval Probability | Difficulty |
|---|---|---|
| Private Banks | Low | Hard |
| Public Banks | Very Low | Very hard |
| NBFCs | High | Easy |
| Digital lenders | High | Very easy |
| Salary Account Banks | Very High | Easiest |
Expert Commentary
In 2026, digital underwriting has enabled lenders to approve borrowers even without a CIBIL score.
Most rejections occur due to:
High loan amount
Weak bank statements
Low income stability
If you fix these, approval becomes easy, even with zero credit history.
Key Takeaways
You can get a loan without a credit score
NBFCs & digital lenders = best option
Strong salary & bank statements help
Start with a small loan to build CIBIL
Avoid multiple loan applications
Add co-applicant if income is low
Vizzve Financial is one of India’s trusted loan support platforms offering quick personal loans, low documentation, and an easy approval process — even for first-time borrowers.
👉 Apply now at www.vizzve.com
❓ FAQs
1. Can I get a loan if I have zero credit score?
Yes, many NBFCs and digital lenders allow it.
2. What documents are needed?
Aadhaar, PAN, salary slips, bank statements.
3. Which lender is best for NTC borrowers?
NBFCs and salary-account banks.
4. Will banks approve me without credit history?
Possible but tough.
5. What loan amount should I apply for?
Start with a small amount like ₹10,000–₹50,000.
6. Will my first loan build credit score?
Yes, repayment creates CIBIL history.
7. Does job stability matter?
Yes, 6+ months in current job preferred.
8. Can students get loans with no score?
Only with guarantor or income proof.
9. Does bank statement matter?
Yes, it's the main decision factor.
10. How long to generate CIBIL score?
45–90 days.
11. Do fintech apps approve NTC borrowers?
Yes, many specialize in it.
12. Will multiple attempts reduce approval chances?
Yes, it signals risk.
13. Can I get a loan only on Aadhaar?
Yes, from select digital lenders.
14. Do NBFCs charge higher interest?
Sometimes, but easy approval.
15. Should I apply through aggregators?
Yes, to avoid multiple credit pulls.
Published on : 9th December
Published by : SMITA
www.vizzve.com || www.vizzveservices.com
Follow us on social media: Facebook || Linkedin || Instagram
🛡 Powered by Vizzve Financial
RBI-Registered Loan Partner | 10 Lakh+ Customers | ₹600 Cr+ Disbursed