A beneficial CIBIL score is actually a mathematical worth varying anywhere between 300 and you can 900 which is turned up on such basis as their deals which have creditors.
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My nephew, exactly who planned to take a home loan and you may exactly who I experienced told to obtain his CIBIL report, called us to express their wonder when he discovered 0 borrowing from the bank get in his CIBIL statement. He had been alarmed that with 0 get, which he understood are bad rating, he’d not be able to rating a home loan.
What exactly is CIBIL Rating and its own variety
CIBIL is the leader borrowing from the bank suggestions bureau meaning that the term CIBIL was word that have credit score and you will borrowing agency. Read more