It depends. Securing a personal loan without any history is difficult but not impossible.

If you have your savings account with a lender for a certain period of time, then you might be eligible for a loan even though you have no formal borrowing history. Also if you go to a lender who focuses on income and employment status rather than credit history, you might be able to secure a loan. However, keep in mind that the loan you are offered might come with unattractive terms and conditions.