Frequently asked questions

What is the minimum CIBIL Score for a personal loan?

You can get a Bajaj Finserv Personal Loan if your score is 650 or above, and if you meet all the eligibility parameters.

How much CIBIL score is good for personal loan

A CIBIL score of 650 or above is generally considered good for personal loan approval, improving your chances of getting better terms and faster processing.

Is 600 a good CIBIL Score?

To get a Bajaj Finserv Personal Loan, you need a CIBIL Score of 650 or above.

Can I get a personal loan with a 650 CIBIL score?

You need a CIBIL score of 650 or higher to get a Bajaj Finserv Personal Loan.

Can I get a loan if my CIBIL score is 690?

Yes, you can get a Bajaj Finserv Personal Loan if your score is 650 or above and you meet the rest of the eligibility criteria.

Can I get a personal loan with a 750 CIBIL Score?

Yes, you can get a Bajaj Finserv Personal Loan if your score is 650 or above and you meet the rest of the eligibility criteria.

Is a 900 CIBIL score possible?

Yes, a 900 CIBIL score is the highest possible and indicates excellent creditworthiness, significantly improving your chances of loan approval with the best terms.

Can I get a personal loan without having a CIBIL score?

CIBIL Score is a necessary parameter in getting approval for your personal loan application.

How to get a personal loan with a CIBIL score below 650 if self-employed?

Personal loan for self-employed with low CIBIL score options are available, but may require additional documents or collateral to improve approval chances.

Which app offers a personal loan for a CIBIL score of 500?

Several low CIBIL score personal loan apps offer loans starting from a score of 500, providing easier access with flexible eligibility criteria.

Will my CIBIL score drop if I apply for multiple personal loans?

Yes, multiple personal loan applications can affect your CIBIL score as each enquiry is recorded, potentially lowering your credit score temporarily.

Why is the credit score important for personal loan eligibility?

A good credit score shows strong repayment behaviour, helping lenders trust your financial stability. It increases your chances of approval and ensures smoother processing.

How can I improve my credit score to get a personal loan?

Pay EMIs on time, reduce credit card balances, avoid multiple loan enquiries, and maintain a healthy credit mix to gradually improve your score.

What credit score is needed for a personal loan at favourable terms?

A score of 650 or higher is generally preferred, as it helps you secure quicker approval, lower interest rates, and better loan terms.

Read More Read Less