Why did the bank reject the loan even though my salary is adequate? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Why did the bank reject the loan even though my salary is adequate?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

Salary is a single factor; the decision includes obligations, DBR, reporting, and bank policy.

Review your reporting, obligations, and product terms.

No party guarantees approval.

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