Loan getting rejected

[parthcc]

Need urgent personal loan of 4-5L, but getting rejected from all banks, Cibil is 750+
No other loans, No Late payment, clear record, still getting rejected, is there anyway to get loan?

 

[Aniket Sharma]

Need urgent personal loan of 4-5L, but getting rejected from all banks, Cibil is 750+
No other loans, No Late payment, clear record, still getting rejected, is there anyway to get loan?

Salaried /self-employed /unemployed?

 

[Tejo]

Having many enquiries in short span of time, is bad thing.

Try nbfc's

 

[temp77]

dm me, could help here
check your number of enquiries on CIBIL?

 

[Shubham1221]

Try cred cash they give loans instantly

 

[iSayyed]

Try Indie Credit Line. They give up to 5 lacs.

 

[Dr.Anand456Dr.Anand456 is verified member.]

Need urgent personal loan of 4-5L, but getting rejected from all banks, Cibil is 750+
No other loans, No Late payment, clear record, still getting rejected, is there anyway to get loan?

I'm also experiencing a similar challenge. I require a loan of approximately ₹10 lakh, but my applications have been repeatedly declined by both banks and NBFCs. In my case, the difficulty arises primarily because I am self-employed, which makes it harder to secure funding directly from banks. At the same time, NBFCs have been unwilling to extend credit due to the large number of recent inquiries reflected in my CIBIL report. A similar factor may be affecting your situation as well—either an excessive number of credit inquiries, or the current lending trend where financial institutions often hesitate to approve fresh loans unless an existing one is already active and being serviced consistently.

 

[iSayyed]

the difficulty arises primarily because I am self-employed

That's the issue. This financial year, something happened, maybe they don't want to give personal loans to self employed individuals.

 

[parthcc]

Salaried /self-employed /unemployed?

Salaried

I'm also experiencing a similar challenge. I require a loan of approximately ₹10 lakh, but my applications have been repeatedly declined by both banks and NBFCs. In my case, the difficulty arises primarily because I am self-employed, which makes it harder to secure funding directly from banks. At the same time, NBFCs have been unwilling to extend credit due to the large number of recent inquiries reflected in my CIBIL report. A similar factor may be affecting your situation as well—either an excessive number of credit inquiries, or the current lending trend where financial institutions often hesitate to approve fresh loans unless an existing one is already active and being serviced consistently.yeah recently many inquires

I'm also experiencing a similar challenge. I require a loan of approximately ₹10 lakh, but my applications have been repeatedly declined by both banks and NBFCs. In my case, the difficulty arises primarily because I am self-employed, which makes it harder to secure funding directly from banks. At the same time, NBFCs have been unwilling to extend credit due to the large number of recent inquiries reflected in my CIBIL report. A similar factor may be affecting your situation as well—either an excessive number of credit inquiries, or the current lending trend where financial institutions often hesitate to approve fresh loans unless an existing one is already active and being serviced consistently.

yeah recently many inquires

 

[parthcc]

Try cred cash they give loans instantly

Even cred not approved yet

 

[parthcc]

Al

Try Indie Credit Line. They give up to 5 lacs.

It's from Indusind?? Because Already rejected by Indusind

 

[iSayyed]

Al

It's from Indusind?? Because Already rejected by Indusind

Yes IndusInd.

Install the indie app and use it for the next month by making small transactions. Then, apply for the credit line. You are more likely to get approved.

 

[SSquad]

Yes IndusInd.

Install the indie app and use it for the next month by making small transactions. Then, apply for the credit line. You are more likely to get approved.

What's the avg interest rate?

 

[parthcc]

Yes IndusInd.

Install the indie app and use it for the next month by making small transactions. Then, apply for the credit line. You are more likely to get approved.

Okay, is there any Minimum balance required?

 

[Hope]

I'm also experiencing a similar challenge. I require a loan of approximately ₹10 lakh, but my applications have been repeatedly declined by both banks and NBFCs. In my case, the difficulty arises primarily because I am self-employed, which makes it harder to secure funding directly from banks. At the same time, NBFCs have been unwilling to extend credit due to the large number of recent inquiries reflected in my CIBIL report. A similar factor may be affecting your situation as well—either an excessive number of credit inquiries, or the current lending trend where financial institutions often hesitate to approve fresh loans unless an existing one is already active and being serviced consistently.

You have credit cards from icici/axis/indusind

 

[iSayyed]

What's the avg interest rate?

Last time I noticed 13%

 

[iSayyed]

Okay, is there any Minimum balance required?

It's ZERO balance account