Credit Score

how much cibil score required for loan

The minimum CIBIL score generally required for loan approval, such as a personal loan, is typically 650 or above. However, the exact requirement varies by lender, with many preferring a score of 700. An ideal CIBIL score of 750 or higher significantly increases your chances of approval and helps you secure the most favourable interest rates and loan terms. A score below 650 may result in loan rejection or much stricter conditions.

Related Questions