Yes, even with a credit score under 650, you can still get a personal loan in Haryana. Many NBFCs, private lenders, and fintech apps provide fast loan approval based on income proof and repayment capacity — not just CIBIL score. Read this guide to learn how to apply and get approved.
What Does a Credit Score Under 650 Mean?
A credit score below 650 means you’re in the low credit bracket. This usually happens when you’ve missed EMIs, used too much credit, or applied for too many loans. In Haryana, where many salaried and self-employed people take small personal loans, this is quite common.
But don’t panic. A low credit score is not the end. It’s a signal, not a sentence. Many lenders in 2025 understand this and offer loan options for people with a credit score under 650 — especially if you have a steady job or regular income.
Can You Get a Loan in Haryana with Credit Score Below 650?
Absolutely. In cities like Gurgaon, Faridabad, Rohtak, Hisar, and even smaller towns like Rewari or Sirsa, people with credit scores below 650 are getting approved for loans every day.
The reason is simple: your present matters more than your past. If you can show stable income, bank transactions, and willingness to repay — lenders will listen. Even without perfect credit history.
Who Offers Loans in Haryana for Low CIBIL or Credit Score?
When your credit score is under 650, traditional banks may hesitate. But NBFCs, private financiers, and digital loan apps fill the gap.
They offer personal loans without strict CIBIL checks. These loans are based on your current earning potential, not just your past mistakes.
Even if you’re a salaried employee, shop owner, farmer, or freelancer in Haryana — you can get access to these credit score-friendly loan options.
How Much Loan Can You Get with a 600 or 650 Credit Score in Haryana?
Loan amount depends on your income. If you’re employed in a factory in Panipat, working in a company in Gurgaon, or running a small business in Karnal, you can qualify for ₹30,000 to ₹2,00,000 — sometimes more.
The key is to show steady monthly inflow into your bank account. Many platforms use this data to decide your loan limit, even if your credit score is poor.
What Documents Are Required to Get a Loan with Poor Credit Score?
Thankfully, modern lenders in Haryana don’t ask for too many documents. You usually need:
- Aadhaar card + PAN card
- Salary slip or income proof
- Bank account statement
No guarantor. No collateral. Just honest paperwork.
If you’re applying through an online loan app, everything can be uploaded from your phone. Even people in semi-rural areas like Jhajjar or Bhiwani are using these platforms.
What Are the Interest Rates for Credit Score Under 650 Loan Options?
Here’s the truth: you’ll have to pay a slightly higher interest rate than someone with a 750+ score. Why? Because lenders take more risk on low-score borrowers.
In Haryana, interest rates for low-credit personal loans can start from 18% and go up to 30–36%, depending on your repayment history, income, and lender’s terms.
That’s why you must compare multiple lenders and read all terms carefully before accepting the loan offer.
Are Loan Apps Safe for Low Credit Borrowers in Haryana?
Some are, some are not.
In 2025, trusted fintech apps and other RBI-approved lenders are providing fast personal loans to Haryana residents with low credit scores.
But beware of fake loan apps and fraud agents, especially those promising “guaranteed loans without documents”. Always check RBI registration and customer reviews.
What to Do if You Keep Getting Rejected Due to Low Credit Score?
This is the most painful part. When you’re already stressed, repeated rejections feel like insult to injury.
But here’s what you can do:
- Stop applying to multiple banks at once
- Focus on lenders who offer loans for credit score under 650
- Write a proper loan application explaining why your score is low (medical emergency, job loss, etc.)
- Start with a smaller amount and build trust
In many parts of Haryana, people are using this exact method to slowly rebuild their credit while solving urgent money needs.
Can You Improve Your Credit Score After Getting a Loan?
Yes, and that’s the beauty of it.
If you’re approved for a personal loan even with a poor score — this is your second chance. Use it wisely. Pay EMIs on time. Avoid defaults. Within 6 to 12 months, your credit score will begin to rise.
Many borrowers from Sonipat, Kurukshetra, and Ambala have followed this path and reached 700+ scores in just a year.
Is There a Personal Loan Without CIBIL Check in Haryana?
Yes, some NBFCs and digital loan providers offer instant personal loans without CIBIL check, especially if:
- You’re a salaried employee with salary credited in a bank account
- You have a registered business with income proof
- Or you’re applying through a co-borrower or joint applicant
These loans are often short-term but helpful in emergencies. Just ensure you’re dealing with genuine platforms, not local moneylenders or unverified apps.
Final Words – Take Charge of Your Finances with or Without a Perfect Score
Your credit score doesn’t define your future. It only reflects your past. If you’re living in Haryana and need money urgently — but your credit score is under 650 — don’t give up.
Explore the right options. Apply smartly. Start small. Pay on time. And rebuild your credit journey — step by step.
Because you deserve a second chance.