Low Cibil Score Loan Apps: Sometimes we need to take a loan when we need more money, but no company wants to give a loan if the CIBIL score is low. If you are also facing such a problem, then today we are going to give you information about the apps that give loans on low CIBIL score. With this, you can easily get a loan of Rs 2 thousand to 50,000 even after having a low CIBIL score.
All these apps are approved by NBFC and are also safe for taking loans. In this article, we are going to tell you about Low Cibil Score Loan Apps, their interest rates and other charges, eligibility criteria for taking a loan, documents required to apply for a loan and the entire process of taking a loan. Therefore, we request you to read this article till the end.
What are Low Cibil Score Loan Apps?
For your information, let us tell you that Low Cibil Score Loan Apps are some mobile applications from where you can easily take a small loan even if you have a low CIBIL score. These apps can provide you a loan of Rs 2 thousand to Rs 50 thousand for your personal needs such as school fees, illness expenses, wedding expenses, travel expenses, investment etc. on easy terms and conditions. For this, you just need to have an Aadhaar card and a PAN card.
Low Cibil Score Loan Apps List 2025
You will find many such loan applications on the Internet that easily give personal loans without guarantee even on low CIBIL score. But you should choose such an application carefully because in today’s time some fake applications have also come. But we have brought for you the Trusted Low Cibil Score Loan App List. These apps will give you personal loan even if your CIBIL score is low.
| No. | App |
| 1. | Dhani |
| 2. | SEVERE |
| 3. | CreditBee |
| 4. | Money View |
| 5. | Cash |
| 6. | MoneyTap |
| 7. | mPoked |
| 8. | Smartcoin |
| 9. | Instamoney |
| 10. | Paytm Loan |
| 11. | Bajaj Finserv |
| 12. | LazyPay |
| 13. | RupeeRedee |
| 14. | StashFin |
| 15. | Indiagold |
Low Cibil Score Loan Apps Interest Rate
Apps that provide loans with low CIBIL score have a slightly higher interest rate. But it depends on the terms and conditions of the app from which you are taking the loan. Through some applications, you can get a loan at a mere 2% monthly interest rate, while on some applications you have to pay 4 to 5% monthly interest. The interest rate is also applied by the app by evaluating the applicant’s income profile, age, credit score, etc.
Their annual interest rate can range from 12 to 48%. Apart from this, the processing fee can be up to 10%. Some applications charge documentation and platform fees separately and a penalty may also have to be paid if the loan is not repaid on time. 18% GST charges can be taken separately.
Benefits of Low CIBIL Score Loan Apps
- Loan can be taken from these apps even if you have a low CIBIL score.
- These apps easily provide loans ranging from ₹2000 to ₹50000.
- You can get up to 6 months time to repay the loan.
- For this only Aadhar card and PAN card are required.
- You can get an online loan sitting at home.
- Instant loan can be approved within 30 minutes.
Low Cibil Score Loan Eligibility
- Indian citizens can take this loan.
- Citizens between 18 and 55 years of age are eligible for this.
- For this, the applicant must have a job or his own business.
- The applicant must have his own bank account.
Low Cibil Score Loan Documents
- Aadhar card
- PAN card
- Mobile Number
- email id
- Selfie
- 6 months bank statement etc.
How to take loan from Low Cibil Score Loan App?
- First of all, download the app from which you want to take loan.
- Now open it and complete the registration process.
- Then click on the given “Personal Loan” option.
- Now enter bank account details and personal information in the application.
- After this select the loan amount and then select EMI and tenure.
- Then upload the required documents.
- Finally submit the form.
- After this, your application will be checked by the loan application company and if everything is found correct then your loan will be approved.
What are the disadvantages of low CIBIL score loan apps?
- Such apps charge high interest.
- Less time is available to repay the loan.
- The charges are high.
- You may face problems if you do not repay the loan on time.