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Why was my application rejected?

Common reasons for a decline and what to do next.

Finding the reason

Open the application from My Loans. The reviewing officer's notes appear on the application detail page.

Common reasons

  • KYC incomplete, expired or mismatched with the account name.
  • Requested amount outside the product's range.
  • Documents unreadable, cropped or expired.
  • Insufficient supporting evidence for the stated purpose.
  • An existing loan is still outstanding.

Reapplying

A rejection does not block your account. Fix the underlying issue and submit a fresh application — there is no waiting period and no limit on attempts.

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