The Ministry of Finance has stated that a minimum CIBIL score is not required for bank loans for first-time borrowers. Speaking in the Lok Sabha during the monsoon session last week, MoS Pankaj ...
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First-Time Borrowers Can Get Loans Without Minimum CIBIL Score – Here’s How Banks Decide Eligibility
In a major relief for first-time loan applicants, the government has clarified that a minimum CIBIL score is not mandatory to apply for a loan. Minister of State for Finance, Pankaj Chaudhary, ...
A ) While there is no fixed minimum CIBIL score to apply for a new car loan, it is recommended that you ensure that you have a score of at least 750 before you apply to avoid potential rejection.
A ) If you want to take a new car loan, you cannot afford to ignore the Credit Information Bureau of India Limited (CIBIL) score. It provides lenders a snapshot of your credit health and history, and ...
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