New Delhi, Jan. 29 -- Are you planning to raise apersonal loan while yourcredit score is lower than 700? And what if it is even lower than 650? There are some banks which give loans to applicants who have a slightly poor score however, the loan amount can be lower, or the interest rate could be higher.

For instance, if you want to raise Rs.5 lakh as loan which the bank is willing to lend at an interest of 11.5 percent. The bank may give the same loan to an applicant with a low credit score but at a higher interest rate of, say, 12.5 percent.

OnBank of Baroda's website, for example, the interest rates on personal loan range between 13 to 18.25 percent, and the difference is a function of the credit score. This means applicants with an im...