What is the CIBIL score to take a loan? Know in one click

લોન લેવા CIBIL  સ્કોર કેટલો હોવો જોઈએ. જાણો એક ક્લિકમાં 

CIBIL score is an important part of money life today. Limit of score fixed for taking loan. In which the number is between 300 and 900, then you can take the loan and pay the money obligations. Evaluates. When you decide to take a loan or a credit card, banks and money are like this. First it checks your CIBIL score. Only then it is decided on the basis of whether to give you money or not.

Benefits of CIBIL score

If your score is 750 or above, you make timely payments.

If you pay your installments on time, you can easily get loans and credit cards and you can get loans at low interest rates.

What if your CIBIL score is low?

If your CIBIL score is below 550, banks may hesitate to give you a loan or credit card. You may have difficulty getting a loan and even if you do get one, you may have to pay higher interest.

What to do to increase CIBIL score?

1. Make payments on time.
2. Use credit cards more and more.
3. Maintain a single bank account
4. Check your CIBIL score regularly.
5. Pay off the loan as soon as possible.