Loan Rejection

Missing an EMI can trigger penalties, extra interest, and a drop in your CIBIL score. But quick action can minimise damage. Pay the overdue amount, speak with your lender, reschedule EMIs if required, and set up auto-debit. With consistent payments, your credit score can fully recover in 3–6 months.

You can increase your loan eligibility even without increasing your income. By reducing EMIs, improving your credit score, opting for longer tenures, adding a co-applicant, and showing additional income sources, lenders see you as lower-risk — boosting your eligible loan amount. Smart planning can help you borrow more confidently.

Loan rejection isn’t about luck — lenders follow strict checks. From CIBIL score issues and high credit utilisation to job instability and document mismatches, small mistakes can lead to rejection. This guide reveals 7 insider tips lenders don’t tell you — so you can apply confidently, boost approval chances, and get your personal loan without stress.