How to Get a Personal Loan with Less CIBIL Score 

Creditworthiness is often reflected in your CIBIL score. But what if your score isn’t shining bright? Can you still obtain a personal loan? Let’s dive into the intricacies of the CIBIL score and how you can navigate the loan landscape with a lower score.


Understanding the CIBIL Score

CIBIL (Credit Information Bureau India Limited) score is a three-digit number ranging from 300 to 900. It represents an individual’s credit history and repayment behaviour. Lenders often use this score as a metric to evaluate the probability of an individual repaying their loans.

The Impact on Personal Loans

A higher CIBIL score usually signifies better credit behaviour, increasing the chances of loan approval. Conversely, a low CIBIL score might be a red flag for lenders, making it challenging to secure a personal loan. However, it’s not impossible. Those with less-than-perfect scores may face stricter conditions and higher interest rates.

Tips for Getting a Personal Loan with a Low CIBIL Score

1. Provide Collateral

Offering collateral can increase your chances of loan approval. Collateral-based loans, or secured loans, give the lender assurance as they have an asset to fall back on in case of defaults.

2. Get a Co-signer

If you know someone with a stellar credit score, consider asking them to co-sign your loan. A co-signer essentially guarantees the loan repayment, thus minimizing the risk for the lender.

3. Apply for a Smaller Loan Amount

Lenders are more inclined to approve smaller loan amounts for those with a low CIBIL score, as they represent a lesser risk. Once you establish a good repayment track with a small loan, you can then aim for larger amounts.

4. Pay Your Bills On Time

Consistent and timely bill payments can improve your credit score over time. This not only boosts your chances for future loans but also might get you better interest rates.

5. Check Your Credit Report for Errors

Mistakes happen. Ensure you review your credit report for any discrepancies. If you find errors, immediately dispute them with the credit bureau to have them corrected. This can significantly elevate your score.


While a low CIBIL score can be a stumbling block, it’s not the end of the road. By following the aforementioned strategies and maintaining fiscal discipline, securing a personal loan is very much within reach. Remember, today’s financial decisions pave the way for tomorrow’s opportunities. Strive to improve your credit score for a brighter financial future.

Key Takeaways

  • Understanding your CIBIL score is crucial for loan applications.
  • A low score doesn’t mean you can’t get a loan, but the terms might be stricter.
  • Collateral, co-signers, and smaller loans can help mitigate lender risk.
  • Regularly check and rectify errors in your credit report.
  • Financial discipline today can lead to better loan opportunities tomorrow.


1. What is the ideal CIBIL score for getting a personal loan?
While scores above 750 are considered excellent, many lenders consider scores above 650 as acceptable for personal loans.

2. How long does it take to improve a CIBIL score?
With consistent good financial behaviour, a CIBIL score can see noticeable improvement within 4-12 months.

3. Do all lenders check CIBIL scores?
Most formal lenders consider the CIBIL score, but some might prioritize other factors.

Begin Your Loan Journey with Ruloans Today!

If you’re looking to secure a personal loan, don’t let a low CIBIL score deter you. Start your application with Ruloans today and empower your financial dreams. Click here to kickstart your journey.

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