Choosing between a bank and an NBFC for a personal loan in 2025 can impact your approval chances, interest rate, and disbursal speed. This guide compares banks vs NBFCs on approval time, eligibility flexibility, interest rates, and documentation—helping you decide which lender suits your credit score, income type, and urgency best.

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.

Struggling with a low CIBIL score? You can still get a personal loan and rebuild your credit health. Learn how to qualify, improve your score, and secure quick funds through smart financial planning. With One Day Finance, finding the right personal loan—even with a low CIBIL—is simple, transparent, and stress-free.