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❗ Introduction: Why Is Your Personal Loan Being Rejected?
In 2025, millions of Indians apply for personal loans each month — but over 40% face rejections from banks and NBFCs due to avoidable issues. If your application was rejected, you’re not alone.
This blog uncovers the top 10 reasons your personal loan is getting rejected — and more importantly, how to fix them fast with Vizzve’s smart AI-powered tools.
🔟 Top 10 Reasons for Personal Loan Rejection
1. Low CIBIL Score (<650)
🧨 Banks see you as high-risk.
✅ Fix: Apply with Vizzve, which uses alternate data + AI for approval.
2. Unstable Income / No Salary Slip
🧨 Inconsistent job or freelance income scares lenders.
✅ Fix: Use bank statements or UPI activity — Vizzve accepts it.
3. Too Many Loan Applications
🧨 Each inquiry hits your CIBIL score.
✅ Fix: Wait 30+ days between applications or check eligibility first.
👉 Try Free Vizzve Eligibility Checker before applying.
4. Mismatch in KYC Documents
🧨 PAN, Aadhaar, and bank name don’t match exactly.
✅ Fix: Update name/address in bank & PAN records before applying.
5. High Existing EMIs or Credit Card Dues
🧨 Banks doubt your ability to repay more.
✅ Fix: Clear 1–2 EMIs and reapply after 30 days.
6. No Credit History (New to Credit)
🧨 Banks need some repayment proof.
✅ Fix: Start with Vizzve’s micro-loans for first-time borrowers.
7. Wrong Employer Details or Verification Failure
🧨 Employment couldn’t be verified or company not listed.
✅ Fix: Submit alternate proof like payslips or offer letter. Vizzve accepts alternate employment records.
8. Too Short Job Tenure (<6 months)
🧨 Banks prefer stable income over 6–12 months.
✅ Fix: Wait until 6 months or apply with a flexible platform like Vizzve.
9. Incomplete Application or Incorrect Info
🧨 Missing or wrong data leads to instant rejection.
✅ Fix: Double-check mobile, IFSC, and Aadhaar entries.
10. Blacklisted Location or Industry
🧨 Banks restrict loans in high-risk areas or sectors.
✅ Fix: Apply with NBFC-based platforms like Vizzve that operate pan-India.
✅ How Vizzve Helps You Get Approved
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AI analyzes alternate data (UPI, cash flow, digital activity)
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Accepts applicants with low or no credit score
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No office visits or complex documents
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Free Eligibility Check available before application
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Partnered with RBI-registered NBFCs for instant approval
💬 Real Story:
“My bank rejected me due to low CIBIL. Vizzve approved ₹70,000 using just my Aadhaar and bank statement. Saved me during an emergency!”
— Ritika S., Pune
📲 How to Check Eligibility & Apply Instantly
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Visit www.vizzve.com
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Use the Free Loan Eligibility Tool
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If eligible, submit Aadhaar + PAN
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Choose amount (₹10K–₹5L)
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Get instant decision & same-day payout
🙋♀️ FAQs – Loan Rejection & Approval Fixes
Q1: Why was my loan rejected even with a ₹30,000 salary?
Could be due to CIBIL score or existing EMI burden. Use Vizzve’s alternate criteria.
Q2: Can I reapply after being rejected once?
Yes — wait 30 days, fix the issue, and try again. Vizzve even accepts recent rejections.
Q3: Is Vizzve safe and RBI approved?
Yes. Vizzve works with RBI-registered NBFCs and follows all compliance protocols.
📢 CTA – Take Action Now
🛑 Tired of loan rejections?
✅ Use Vizzve’s Free Eligibility Check and get approved today — even with low CIBIL or no salary slip.
🔗 Check Your Eligibility Now