In the context of a credit report, especially in India, CIBIL (Credit Information Bureau (India) Limited) is one of the leading credit bureaus that provides credit scores and reports. Days Past Due (DPD) is … READ FULL STORY
A three-digit figure between 300 and 900 is the CIBIL Score. The better it is, the higher the score. A score of above 750 is often seen as favourable, increasing the likelihood that a … READ FULL STORY
The most well-known of the four credit information providers licensed by the Reserve Bank of India is the Credit Information Bureau (India) Limited (CIBIL). CIBIL Limited keeps credit records on 600 million citizens and … READ FULL STORY
What is a CIBIL Score? A CIBIL score is a consumer’s credit score that tracks a person’s past credit behaviour, such as borrowing and repayment habits. It is a three-digit numeric system shared by … READ FULL STORY
Loans: A useful financial instrument Loans assist you in making purchases, covering a short-term cash flow gap, or building a long-term asset like a home. Most financial institutions, including banks, non-banking finance companies (NBFCs) … READ FULL STORY
Banks offer housing loans to prospective borrowers, based on their capability to repay the debt. Financial institutions ascertain the loan applicant’s creditworthiness by checking various data related to his/her financial history and the manner … READ FULL STORY
To boost demand in the real estate and construction sector, which employs the largest number of people in India after agriculture, the Reserve Bank of India (RBI) has reduced its lending rate to 4% … READ FULL STORY
Selecting the house of your choice may take its own time but you need to plan for the finances to fund the purchase, in advance. Â Obtain your credit report It is almost impossible … READ FULL STORY
When you buy a property or book a property, it is necessary for you to have sufficient funds at your disposal. These liquid assets can be in the form of bank balance or investments … READ FULL STORY
A home loan is one of the best options, to arrange the funds needed for buying a home. Generally, it is easy to avail of a home loan, if the applicant has all the … READ FULL STORY
With the increasing aspirations of the young generation, along with astronomical prices of houses, most home buyers today, seek to avail of home loans to fund their property purchase. However, there are various factors, … READ FULL STORY
There are various factors that determine whether you will get a home loan or not. Consequently, it is advisable to know your home loan eligibility in advance, so that you can plan the purchase … READ FULL STORY
To whom are these reduced rates applicable The reduction in State Bank of India’s (SBI’s) rates, is not as widely applicable, as is made out to be. It is not that the home loans … READ FULL STORY
