So, you are not getting a loan because you don't have a credit score and you don't have a credit score because your loan is not approved? Let's break this cycle! Apply for My First Loan - Get your loan and start building your credit score simultaneously.
No credit score required
Based on Monexo's alternative score
Start your credit score
Monexo ensures your loan is written into credit bureau
Build your credit score
Paying EMI's on time ensures your credit score increases
Enjoy financial freedom!
Good credit score enables higher loan amount & lower interest rates on your future loans
You need to have a take home salary greater than Rs. 15,000 pm.
Also, keep these Documents handy.
Last 2 month pay slip
Last 3 month bank account statement showing your salary credit
Mobile/ Internet bill/ Credit card statement/ Landline bill/ LPG Bill (not older than 60 days from date of application)
Validate your Bank account, Income Tax Returns (or) EPFO account and LinkedIn account. This helps us in evaluating your profile in the absence of credit score