Choose Secured Loan: If you take a loan against collateral (like property, gold or fixed deposit), your chances of approval increase.
Add co-applicant or guarantor: Include someone who has a good credit score. This will increase the confidence of the lender.
Keep salary slip and income proof ready: Showing regular income assures the bank that you will be able to pay the EMI on time.
Choose a smaller loan amount and shorter tenure: By taking loan of small amount and short duration, approval is obtained quickly and interest is also less.