how much credit score is required for personal loan

A strong credit score is crucial for personal loan approval, with most lenders in India preferring a score of 750 or above. This range significantly increases your chances of approval and helps secure a lower interest rate. While a score below 750 does not automatically mean rejection, some financial institutions may consider applications with scores as low as 650. However, applicants with lower scores might face higher interest rates or be required to provide additional collateral. It is always recommended to check the specific credit score eligibility criteria of the lender before applying.