Hi due to low cibil score I'm unable to get education loan , could you suggest me something which will help me in getting loan

Question

Jagadeesh Bodavula · Answer

Hi Chennakesava,

I think NBFC's like prodigy, leap finance don't highly consider cibil score. They will even sanction your loan even if you had no cibil score. You just need to contact them and explain why your score is low. On the other hand, Banks highly consider cibil score if no collateral is provided, So I suggest you to once contact any of them and discuss with them. You may get some result. There is a final option if NBFC's also reject, which is hand loan. You can procure hand loan from a person and show it as your savings but they pose higher interest rates.

Best of Luck.

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