Credit Score

what is minimum cibil score for personal loan

The minimum CIBIL score required for a personal loan typically falls between 650 and 750, depending on the lender. While some banks prefer a score of 700 or higher, many financial institutions may approve a loan with a score of 650. It is generally recommended to aim for a score of 750 or above, as this significantly increases your likelihood of approval, faster processing, and securing the most favorable interest rates and loan terms.

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