Bad Cibil Score Loan 2025: If you are going to apply for a loan then your cibil score is a very big factor during the process of approving the loan. Maximum companies provides loan to those customers who have more than 750 CIBIL score. But there are a lot of users who are suffering with bad CIBIL score. Today we are providing you some tips and provide you the help where you can get up to 2 lakh over your bad CIBIL score loan. So read this article till and to know the process to apply Bad Cibil score loan for 2 lakh rs. You will also know the eligibility criteria and other charges to apply the low cibil score loan.
Bad Cibil Score Loan
Firstly you should know about the Cibil score. Banks prepare the data of their customers and use this data to provide the CIBIL score. The CIBIL score is a numerical number where 300 is the minimum number and the 900 is maximum number. The maximum score is the identification of a good customer and a Trustable customer where banks can provide them loan without any fear. But if your CIBIL score is low or less than 500 then it is called bad CIBIL score and banks usually refused to pay the loan amount to these customers. We have searched a mobile application named upwards which is providing bad CIBIL score loan up to 2 lakh Rupees.
Eligibility criteria For Bad Cibil Score Loan
● The applicant should be Indian citizen only
● Applicant should have Source of income.
● The age of the candidate should be more than 23 years old
● You should have a bank account
Document For Bad Cibil Score Loan
● Aadhar card of the candidate
● PAN card of the candidate
● Electricity bill
● Passport size photograph
● Bank passbook
● Bank statement/ salary slip
Bad Cibil Score Loan 2025: जाने पात्रता, ऑनलाइन दस्तावेज और Bad Cibil Score होने पर कहां मिलेगा लोन
Apply online For Bad Cibil Score Loan
Follow these step by step procedure to apply online for low CIBIL score loan where you can get more than 2 lakh Rupees through online mode;
● First of all open the Play Store mobile application in your smartphone and download the UPWARDS Mobile application.
● Enter your mobile number to login in the mobile application
● Submit your personal details, including your name, date of birth, banking details, employment information etc. in this application
● Following this, you must click the KYC link.
● Enter your bank account details, pan card, Aadhar Card and other document information in the website for your KYC.
● Once you have completed your KYC you can apply for the loan
● To repay your loan, decide on the EMI option and the loan amount.
● To submit your application, you must now click the submit link.
Once you have submitted your application, the company will verify your information and provide you the loan amount in your bank account after deduction of all tax and other charges.
Features Of Bad Cibil Score Loan
● You can get maximum Rs 2 lakh rupees loan from this mobile application if your CIBIL score is low.
● The company will charge highest interest rates from those users who have bad CIBIL score. The interest rates may be between 15% to 36% according to the eligibility and the condition of the customer.
● There are some other charges including GST and processing fees. the company will charge processing fees up to 2% to 4% according to the customer.
● You have to return your loan amount between 12 month to 36 month according to your suitability.
DDA Apna Ghar Aawas Yojana 2025: डीडीए ने शुरू की अपना घर आवास योजना, 7500 फ्लैट्स, इस तरह मिलेगा लाभ
Increase Bad Cibil Score Loan
This is the procedure for obtaining a loan with a low CIBIL score, but if you want to get regular loan offers from other banks also then you have to prepare and manage your CIBIL score. However the maximum loan amount is 2 lakh Rupees, but the company will provide low amount to their customers if your credit score is bad. To raise your CIBIL score, you must submit your EMI on time. Once you are CIBIL score is increased you will get higher loan amount with lowest interest rates. After that you can get easily online loan from any company if your CIBIL score is more than 750. So if you do not need the amount then you should know ask unnecessary loan amount over your bad CIBIL score loan. If not, your CIBIL score might drop as well, and you’ll need to submit additional sanctions.
FAQs: Bad Cibil Score Loan
Can someone with a low CIBIL score get a loan?
Although it might be more difficult and have less advantageous terms, it is possible to obtain a loan even if you have a low CIBIL score.
After seven years, what happens to the CIBIL score?
The records are deleted from a person’s credit history after a maximum of seven years of preservation.
How can my CIBIL history be erased?
Paying off the full amount owed on your debt is the first step, which is followed by receiving bank approval.
It is possible to fix CIBIL?
Yes, It is possible to fix your CIBIL score.
