If you’ve never taken a loan, you probably don’t have a CIBIL score. That creates a chicken-and-egg problem — banks want to see past borrowing behavior before lending to you, but you can’t borrow without a track record.
How Quikkred solves this
We use 500+ alternative data signals beyond CIBIL. Things like: how regularly you use UPI, your salary credits (if any), your device fingerprint, your digital footprint, and your employment verification. This lets us say yes to people banks say no to.
What to do before applying
- Make sure your Aadhaar is linked to your PAN
- Keep your bank account active with regular inflows (even small ones)
- Maintain a phone number for at least 6 months
- Have a clean email ID (not one you just created)
- Link your Aadhaar to your mobile number
What to expect
New-to-credit customers usually get approved at conservative amounts — ₹10,000–₹25,000 — with shorter tenures. Repay a couple of these loans on time and your next application unlocks much bigger amounts at better rates.