Short answer: If you have no credit history or are just starting work, Fibe, PaySense, mPokket, Stashfin, Branch say they lend to young or new-to-credit borrowers. Start small, repay on time, and you build a credit score that unlocks cheaper loans.
Last verified: 12 October 2026 from each lender’s official website and, where marked, its Google Play listing. FundsTiger does not rank lenders; tables are sorted by the figure in question, and the right choice is the one with the lowest APR you are actually offered.
| App | Minimum age | Credit history rule | Starting rate | Smallest loan |
|---|---|---|---|---|
| Fibe | 19+ | New-to-credit applicants accepted | From 18% a year | Up |
| PaySense | 21+ | No credit history accepted | 1.4% to 2.3% a month | ₹5,000 |
| mPokket | 18+ | Not stated | Risk-based: 27% to 36% for ₹1,000 to ₹5,000 | ₹1,000 |
| Stashfin | 18+ | 730 (700 to 729 possible) | 11.99% to 36% a year after a 0% first 30 days | Up |
| Branch | 18+ | Reviewed holistically; no salary slip needed | 12% to 66% a year | Up |
How to build a credit score with your first loan
- Borrow a small amount you can repay easily.
- Set up auto-pay so you never miss an EMI.
- Avoid applying to many apps at once; each application is a hard enquiry.
- Check your report for free once a year from each bureau. See our credit report guide.
Compare them side by side
Moneyview vs Fibe · KreditBee vs Fibe · PaySense vs Moneyview · mPokket vs KreditBee · CASHe vs Fibe · Freo (MoneyTap) vs Fibe · Stashfin vs Freo (MoneyTap) · Stashfin vs KreditBee · Zype vs Fibe · Branch vs KreditBee · All comparisons
Before you apply
- Find the lender’s name in the app and check it on RBI’s list of digital lending apps or our RBI-registered NBFC search.
- Read the Key Fact Statement (KFS) before you accept. It must show the APR, every fee and the total you will repay.
- Never pay a fee before the loan is disbursed. Regulated lenders deduct fees from the loan or add them to the EMI.
- Apply to one or two lenders, not ten. Each application is a hard enquiry on your credit report.
- Check that the EMI fits your budget with our FOIR calculator.
Want to see offers from several RBI-regulated lenders in one place?
Frequently asked questions
Can students get a loan from an app?
mPokket lists students and interns with part-time income. Most other apps need regular income. Borrow only what you can repay from your own income.
Which app accepts no CIBIL score?
Fibe accepts new-to-credit applicants and PaySense accepts applicants with no credit history. They still check income and bank data.
More guides: Which Loan App for Self-Employed · Which Loan App Without a Salary Slip · Which Loan App for First-Time Borrowers · Which Loan App for Low CIBIL Score · Which Loan App Has No Foreclosure Charges · Which Loan App Has the Lowest Processing Fee · Which Loan App Has the Lowest Interest Rate · Which Loan App Gives the Longest Tenure · Which Loan App for a Short-Term Loan · Which Loan App Gives a Credit Line · Which Loan App for ₹1 lakh · Which Loan App for ₹2 lakh · Which Loan App for ₹5 lakh · Which Loan App for ₹10 lakh · Which Loan App for Age Above 55 · Which Gold Loan App · Which App for Loan Against Mutual Funds · All guides
Disclosure: FundsTiger (Gatimaan Finance Advisors Pvt. Ltd.) is a loan marketplace and lending service provider for RBI-regulated lenders. Aparampaar Finance Pvt. Ltd. (Omozing), one of those lenders, is a related party of FundsTiger. This article is general information, not financial advice. Read your loan agreement and KFS before you decide.