Cibil Score Update: It is often seen that due to difficult circumstances, people need to take a loan. Sometimes such circumstances arise, due to which it becomes difficult for people to take a loan.

However, now there are some methods, using which you can easily take a loan even if you have a bad Cibil score. By adopting these methods, you can also arrange money very easily. Know the complete details about this in the news.

You can take the help of a loan from NBFC-

If your CIBIL score (Bad range of CIBIL score) is low, then in this situation you do not need to worry. You can also apply for a loan in NBFC. Money can be made available to you in an emergency in NBFC. From here you can avail of the loan even if you have a low CIBIL score (Cibil Score news). However, its interest rates may be slightly higher than the bank. For a loan, you must first check its interest rate.

Taking a joint loan can be beneficial-

If your income is high and you are unable to take a loan due to a low CIBIL score, then in this situation you can take a joint loan. If you want, you can also make someone your guarantor. If your guarantor or joint loan holder has a good CIBIL score, then you can easily avail of a joint loan (Joint Home Loan). It also has another benefit. The biggest benefit is that if your co-applicant is a woman, then you can be given some discount on interest rates.

Gold loans will be available at a low interest rate-

If you have gold jewelry or biscuits etc., then you can also take a loan (Gold Loan) against it. For information, let us tell you that gold loan is kept in the category of secured loans. With its help, you can get a loan up to 75 percent of the current price of gold (Gold Loan Interest rate).

The most important thing is that this process does not require much paperwork. Apart from this, neither your CIBIL score is looked at in it. In simple language, you can understand it like this you have to mortgage your gold to get a loan.

A loan facility is available on FD-

If you have done any kind of FD or have invested in schemes like LIC or PPF (Loan on LIC scheme), then you can also take a loan against them. The most important rule for this is that you are given a loan only based on your deposit amount.

Along with this, a time limit is also given to repay this loan. If your PPF account is at least one financial year old (Financial Year 2025), then you can apply for a loan very easily.

You can also take a loan on salary-

Apart from this, some companies providing financial services give loans in the form of salary advances. However, this loan is only up to three times your salary. The most special thing about an advance salary loan is that you do not need to do much paperwork for it (salary loan process).

You can understand it as a personal loan. You get it easily and you can repay it through EMI at fixed intervals. Salary advance loan usually has to be repaid within 15 years.

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