Why do Banks Reject Home Loan Applications Despite High Income?
Apr 05, 2025
New Delhi [India], April 5: A high income gives you access to all the good things in life. But does it guarantee a home loan? Not really! While you may assume that a big paycheck means you will have a smooth loan approval process, there is a chance of rejection. Shocking, right? The fact is that banks and financial institutions don't just look at your income; they assess your entire financial profile.