To take any kind of loan, bank checks your CIBIL score.
Ways to Improve CIBIL Score
Now understand carefully, because if your CIBIL score is low
then your loan will be rejected or will be available on high interest.
If your Cibil score is already good,
then you can maintain it with the information given here.
REPAYMENT HISTORY: Whenever CIBIL checks your CIBIL Score, it sees your old records.
Credit Exposure: Let us tell you here that 25% of your Cibil score is based on Credit Exposure.
Credit Mix: Credit mix means that how many types of loans you have.
Multiple Enquiries: Your Cibil Score is 20% based on Multiple Enquiries.