Even with a strong CIBIL score above 700, many borrowers face loan rejection due to other key red flags. Banks closely evaluate factors like high debt-to-income (DTI) ratio, unstable income, short job tenure, delayed EMIs, and poor credit history. A DTI above 45% or inconsistent repayment behaviour can lead to denial. Maintaining stability improves approval chances.
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06:17 pm on
22 Nov