How CIBIL score is affected? Many financial institutions such as banks have clear mandate from the RBI to check Credit Information Bureau (India) Limited (CIBIL) for evaluating all loan applications. Therefore, many times first time loan applicants (no CIBIL record!) or people with low scores are unable to avail of
Category Archives: CIBIL Score
Personal loans for low CIBIL score Ajay was happy. His daughter had got shortisted for admission to one of the best school in the town. He now required to pay an upfront payment of Rs. 1 lac to secure the admission. He did not have the amount readily available with him.