Is CIBIL more important than income for Personal Loan?

Accepted Answer ✓ Accepted

Both income and CIBIL score are important for Personal Loan approval. Income shows repayment ability, while CIBIL reflects past behaviour. In India, lenders balance both factors rather than prioritising only one.
4 upvotes

Suggested Answers

Both matter. Good income helps, but bad credit can still block approval.
0 upvotes by Anjali Singh

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