Getting a business loan in India can be difficult if you have a low or zero CIBIL score. However, in 2026, many lenders offer business loans without CIBIL score by focusing on your business performance instead of your credit history.
This guide explains how to get a Business Loan Without CIBIL Score in India, including eligibility, interest rates, documents required, and the best available options.
What Is a Business Loan Without CIBIL Score?
A business loan without CIBIL score is designed for small business owners who do not have a strong credit history. These loans are provided mainly by NBFCs, fintech lenders, and government-backed schemes. personal loan without CIBIL score in India
Instead of CIBIL score, lenders evaluate:
- Monthly business income
- Bank transactions
- Cash flow
- GST or business proof (if available)
These loans are ideal for:
- Kirana store owners
- Small shop owners
- Self-employed individuals
- New MSMEs and startups
Can You Get a Business Loan Without CIBIL Score in India?
Yes. Many lenders in India approve business loans even if:
- Your CIBIL score is low
- You have no credit history
- Your score is below 650
People who are rejected by banks often choose 👉 business loan without CIBIL score in India through NBFCs or digital lenders.
Eligibility Criteria for Business Loan Without CIBIL
Most lenders require:
- Age: 21–60 years
- Indian residency
- Business running for at least 6 months
- Active bank account
- Regular business income
👉 Good CIBIL score is NOT mandatory
Documents Required
To apply for a business loan without CIBIL score, keep these documents ready:
- Aadhaar Card
- PAN Card
- Bank statement (last 6–12 months)
- Business proof (GST / Shop Act / Udyam – optional)
- Address proof
Some digital lenders approve loans using only Aadhaar and PAN.
Interest Rates & Loan Amount (2026)
| Loan Provider | Interest Rate | Loan Amount |
|---|---|---|
| NBFCs | 14% – 30% p.a. | ₹50,000 – ₹50 Lakhs |
| Instant Loan Apps | 18% – 36% p.a. | ₹10,000 – ₹10 Lakhs |
| Government Schemes | 6% – 12% p.a. | ₹50,000 – ₹10 Lakhs |
Interest rate depends on income, repayment capacity, and loan tenure.
Best Options for Business Loan Without CIBIL Score
1. NBFC Business Loans
NBFCs are more flexible than banks and approve loans based on cash flow and turnover.
Many applicants who cannot get business loans also consider 👉 personal loan without CIBIL score in India for urgent needs.
2. Government Business Loan Schemes
Government-backed schemes support small businesses with low interest rates.
These schemes are also useful for 👉 business loan for small shop and kirana store owners who lack a strong credit history.
3. Instant Business Loan Apps
These apps provide quick approval within 24–48 hours but charge higher interest rates. Best for short-term working capital needs.
How to Apply for Business Loan Without CIBIL Score
Follow these steps:
- Choose the right lender (NBFC, app, or government scheme)
- Check eligibility
- Upload Aadhaar, PAN, and bank statements
- Complete KYC
- Get approval and loan disbursal
Most applications are processed completely online.
Best Instant Business Loan Apps Without CIBIL (2026)
Many small business owners in India struggle to get loans due to low or no CIBIL score. However, several fintech platforms now offer instant business loans without CIBIL score by evaluating alternative data like bank statements, GST returns, and business cash flow.
Below is a comparison of the best instant business loan apps without CIBIL in India (2026):
| App Name | Loan Amount | Interest Rate | Processing Time | Apply Link |
|---|---|---|---|---|
| Lendingkart | ₹50,000 – ₹2 Crore | Starts from 1.25% per month | 24–72 hours | Apply Now |
| FlexiLoans | ₹50,000 – ₹5 Crore | Starts from 1.5% per month | 48 hours | Apply Now |
| Indifi | ₹1 Lakh – ₹3 Crore | Starts from 1.3% per month | 2–4 days | Apply Now |
| NeoGrowth | ₹1 Lakh – ₹5 Crore | Starts from 1.2% per month | 3–5 days | Apply Now |
Note: Interest rates and approval time may vary based on business turnover, GST registration, and bank statement quality.
Government Support for Business Loan Without CIBIL Score
Many small business owners who are not eligible for private lenders can still explore government loan schemes 🔗 designed to support MSMEs, startups, and self-employed individuals. These schemes focus on business viability rather than CIBIL score and often offer lower interest rates and longer repayment tenure.
Popular options include collateral-free loans under MSME initiatives, startup-focused credit programs, and subsidized funding for women entrepreneurs and rural businesses. If you are looking for reliable and affordable funding, checking small business loan schemes in India 🔗 can significantly improve your chances of approval.
Tip: Government-backed loans may take slightly longer to process, but they are more affordable and safer for long-term business growth.
Tips to Increase Loan Approval Chances
- Maintain regular bank transactions
- Show consistent monthly income
- Apply for a realistic loan amount
- Avoid applying to multiple lenders at once
A stable cash flow greatly improves approval chances.
FAQs – Business Loan Without CIBIL Score
Q1. Can I get a business loan without CIBIL score in India?
Yes, many NBFCs and fintech lenders offer business loans without CIBIL score by evaluating bank statements, GST returns, and overall business cash flow instead of credit history.
Q2. What is the interest rate for business loans without CIBIL score?
Interest rates usually start from 1.2% to 2.5% per month, depending on lender policies, business turnover, and repayment capacity.
Q3. Are government loans available without CIBIL score?
Yes, some government-backed schemes focus on business viability rather than CIBIL score, especially for MSMEs, startups, and women entrepreneurs.
Q4. How fast can I get instant approval for a business loan without CIBIL?
Many digital lenders provide instant approval within 24–72 hours if documents and bank statements are in order.
Business Loan vs Personal Loan (Without CIBIL)
| Feature | Business Loan | Personal Loan |
|---|---|---|
| Purpose | Business growth | Any use |
| Interest Rate | Lower | Higher |
| Loan Amount | Higher | Lower |
| Repayment Tenure | Longer | Shorter |
If funds are required for business expansion, a business loan is always the better choice.
FAQs – Business Loan Without CIBIL Score
Q. Can I get a business loan with CIBIL score below 600?
Yes, many NBFCs approve loans even with low CIBIL scores.
Q. Is GST mandatory?
No, GST is optional but improves approval chances.
Q. How fast can I get the loan?
Instant loan apps approve within 24–48 hours.
Q. What is the maximum loan amount?
Up to ₹50 lakhs depending on lender and business profile.
Final Thoughts
Getting a Business Loan Without CIBIL Score in India is completely possible in 2026. With proper documents and stable income, lenders are willing to support your business even without a strong credit score.
Choose the right lender, compare interest rates, and apply smartly to grow your business.