Yes, you can get a home loan with a low CIBIL score. But approval depends on how low your score is and other financial factors. Most banks and housing finance companies prefer a CIBIL score of 725 or above for easy approval. However, borrowers with scores between 600 and 724 may still qualify under specific conditions.
Also, salaried individuals with stable employment or self-employed applicants with consistent business income often stand a better chance. Lenders may compensate for a low CIBIL score by:
Charging a higher interest rate
Approving a lower loan amount
Asking for a higher down payment
Imposing stricter eligibility checks
How can I Get Home Loan with Low CIBIL Score?
If your CIBIL score is below 650, getting a home loan becomes challenging but not impossible. Some lenders may still approve your application if you have strong income stability, low existing debts, or a co-applicant with a good credit score.
Another option is applying through NBFCs (Non-Banking Financial Companies). They are generally more flexible than banks when it comes to credit score requirements, though interest rates may be slightly higher.
You can also improve your loan approval chances by:
Adding a co-borrower (spouse or earning family member)
Closing existing loans or credit cards to reduce the EMI burden
Correcting errors in your CIBIL report
Making timely repayments for at least 6–12 months before applying
If your score is below 600, it is considered under Poor range. So, it is advisable to first improve your credit profile before applying. Regular bill payments, lower credit utilisation, and avoiding multiple loan applications can help rebuild your score over time. Hope this helps you.
Get Fast Approval and Quick Disbursement of Home Loan Via NoBroker Home Loan Service.
Your Feedback Matters! How was this Answer?
Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & Delivery
Intercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
Can I Get Home Loan with Low CIBIL Score?
ruchi
19 Views
1
21 days
2025-12-30T19:16:28+00:00 2025-12-31T09:41:39+00:00Comment
Share