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Home / Finance / Home Loan / What CIBIL Score do NBFCs Typically Require Compared to Banks for Home Loans?
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What CIBIL Score do NBFCs Typically Require Compared to Banks for Home Loans?

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Summary
NBFCs generally have more flexible CIBIL score requirements compared to banks when approving home loans. While banks often prefer applicants with a CIBIL score of 750 or above, many NBFCs may consider borrowers with scores around 650–700, depending on other factors like income, repayment capacity, employment stability, and existing liabilities. However, a higher CIBIL score can help borrowers get better interest rates and loan terms from both banks and NBFCs.
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