Applying for a loan and getting rejected can feel confusing—especially when your income looks fine on paper. In reality, banks and NBFCs evaluate much more than just salary or turnover.

At Apnarupee Fin India Pvt. Ltd., we see the same rejection patterns again and again. The good news? Most of them are fixable.

Let’s break it down.

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1. Low or Unstable Credit Score

A CIBIL score below 700 is one of the most common rejection triggers.

Why it happens:

• Missed EMIs or late payments

• High credit card usage

• Multiple loan enquiries in a short period

How to fix it:

• Pay EMIs and credit card bills on time

• Keep credit utilization below 30%

• Avoid applying for multiple loans together

Even a 2–3 month discipline can improve your score.

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2. Income Doesn’t Match the Loan Type

Banks look for income consistency, not just income amount.

Common issues:

• Frequent job changes

• Cash-based business income without proof

• Mismatch between ITR and bank statement

What helps:

• Maintain clean bank statements

• File correct ITRs

• Choose a loan product suited to your profile

The right product makes a big difference.

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3. Existing Loan Burden Is Too High

If your current EMIs already take up most of your income, banks get cautious.

Rule banks follow:
Total EMIs should ideally stay under 40–45% of monthly income.

Solution options:

• Close small loans before applying

• Opt for longer tenure (if suitable)

• Restructure existing loans

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4. Documentation Gaps or Errors

A small mistake can silently kill a strong application.

Typical problems:

• Mismatch in name or address

• Incomplete KYC

• Old or unclear documents

Banks rarely call this out clearly—they just reject.

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5. Wrong Bank, Wrong Time

Every bank has its own risk appetite.

A profile rejected by one bank may be approved by another with better terms.

This is where professional guidance matters.

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How Apnarupee Improves Approval Chances

At Apnarupee Fin India Pvt. Ltd., we don’t just submit applications—we prepare them.

We help with:

• Profile evaluation before applying

• Bank selection based on eligibility

• Document correction and structuring

• Faster processing and better approval odds

One strong application is always better than five random ones.

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Final Word

Loan rejection isn’t the end—it’s usually a signal.
Fix the reason, choose the right lender, and apply smartly.

If your loan was rejected or you’re planning to apply soon, get your profile checked first. It saves time, protects your credit score, and puts you in control.