Usually, a score above 750 is considered a good score and brings in the possibility of loan sanctioning without any credit ranking problems. Multiple factors determine the range of your CIBIL score and it’s advisable to maintain habits that lead to a good score such as repaying timely etc....
Life is full of surprises and uncertainties. At some point, you may require a loan or an additional credit card for supporting your financial needs, be it for personal or business purposes. The main criteria considered by banks and financial institutions while granting credit is a good credit ...
CIBIL™ score is generated by CIBIL™, one of the four credit bureaus operating in India. The credit report and CIBIL™ score provided by CIBIL™ is crucial to the lending scenario in India across different debt mediums like personal loan, business loan, credit cards, loan against prope...
The minimum CIBIL score needed for a business loan is usually around 700, serving as a key factor in loan approval and interest rate determination online in India.