The minimum CIBIL score required to be eligible for a personal loan from SBI (State Bank of India) may vary depending on the type of loan product and the borrower’s profile. Typically, SBI requires a minimum CIBIL score of 650 or above to be eligible for a personal loan.
However, it’s important to note that the CIBIL score is just one of the many factors that lenders consider while evaluating a loan application. Other factors such as the borrower’s income, credit history, repayment capacity, and employment stability also play a crucial role in the loan approval process.
Therefore, if you are interested in applying for a personal loan from SBI, it’s recommended that you check with the bank or visit their website to learn more about the specific eligibility criteria and requirements for the loan product you are interested in. Additionally, you can also work on improving your credit score and maintaining a good credit history to increase your chances of being approved for a personal loan with favorable terms and interest rates.