7 Proven Ways to Get Cheaper Personal Loans in 2025
(Save ₹1,000s in EMI)
Personal
loans can save you or sink you. The key is to get the lowest possible
interest rate — here’s how.
💠 1. Improve Your CIBIL Score
(700+)
The
better your score, the more negotiating power you have. A score above 750
unlocks the best rates.
💠 2. Compare Multiple Lenders
Never
take the first offer. Compare 3–5 banks/NBFCs. Some fintechs offer better terms
than big banks.
💠 3. Go for Shorter Tenure
Lower
tenure = less interest. Even if EMI is slightly higher, you’ll save huge in
total cost.
💠 4. Use Pre-Approved Offers
If your
bank sends you pre-approved loan offers, they often have lower interest
and instant disbursal.
💠 5. Avoid Middlemen
Agents
may add service charges or upsell insurance. Apply directly through banks or
trusted apps.
💠 6. Negotiate with Existing
Banker
If you
have an account or relationship with a bank, ask for loyalty offers. Existing
customers often get special rates.
💠 7. Maintain a Stable Income
Stable
job, salary credit, or business income history increases trust — and reduces
risk for lenders.
✅ Conclusion
Personal
loans are tools — use them wisely. With the right moves, you can borrow smart
and save thousands.
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