what is minimum credit score for loan

There is no universally fixed minimum credit score for a loan; it varies by lender. However, for a personal loan, lenders generally prefer a CIBIL score of 750 and above.

• A score of 750+ offers the best chances for quick approval, lower interest rates, and favorable loan terms.
• Scores between 600 and 750 may still be considered by some lenders, but often with higher interest rates and stricter terms.