Whenever anyone apply for Bank Loan than CIBIL Score plays important role in processing of Loan.
Before you apply for the personal loan online, make sure that you have your CIBIL score handy. A high CIBIL score, for example, 750 or more, makes you an ideal candidate for any type of loan. With a medium to a good score, your personal loan will have a good chance of getting sanctioned. On the other hand, a 550 or less CIBIL score for a personal loan may lead to the cancellation of your loan application as you may be considered a ‘high-risk’ candidate. Even if you are offered a personal loan, the interest rates offered may be higher than usual.

topics cover are:
00:17 What is CIBIL Score and scale
00:44 Secured loans and unsecured loans
02:00 Minimum score required for personal loan
02:57 How to get personal loan with low CIBIL Credit Score
03:44 CIBIL Score required for home loan
04:22 Interest rates increase with the decrease in CIBIL Score
05:01 Loan for poor CIBIL Score people
07:13 What to do if CIBIL score is -1
08:18 How to improve your credit score
08:24 How CIBIL Credit Score is calculated
09:25 Basics how you can improve your CIBIL Credit Score

Murari Garg
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