New Delhi, April 14 -- When you apply for a personal loan or any other loan, you must fulfil the bank's various eligibility criteria. The bank performs the eligibility check to evaluate whether you qualify for the personal loan. The broader eligibility criteria are the same for most banks. However, within each eligibility criteria, the bank may define its own minimum and maximum limits. For example, each bank may decide its own minimum and maximum age bracket, minimum monthly income, etc. In this article, we will understand the various eligibility criteria set by banks for a personal loan.

Some of the various eligibility criteria set by banks for personal loans include the following.

A good credit score is one of the most important elig...