Effects of CIBIL Score

Looking For a Loan?

I have read the Privacy Policy & Agree to Terms & Conditions and authorize Dialabank & its partner institutions to Call or SMS me with reference to my application.

Why Apply with Dialabank?

Compare across 18 Banks
Get Money in 30 Mins
Loan Amount Up to 5 Crore
Hassle-free Disbursal
Unbiased Experts Advice

Effects of CIBIL Score

Effects of CIBIL Score

Effects of CIBIL Score on your Personal Loans – Lender checks the database of all the loan borrowers in the country with the help of CIBIL (Credit Information Bureau of India) in terms of a parameter known as CIBIL Score which is between 100-1000.

If there is a default in your loan history, your loan application is likely to get rejected. Banks usually demand a minimum CIBIL Score of 700.

For instance, if your Credit Score is 100 then your loan application is likely to get rejected. If your credit score is 800, then your loan application will be processed faster, and you will be rewarded with the lowest rates of interest.

One can easily Improve their Credit Score by paying all of the Loan EMI’s on time. All the pending bills and credit card payments also must be paid on time.


EMI CalculatorPersonal Loan Interest Rates
EMI CalculatorPersonal Loan Interest Rates

Disclaimer: The information provided on www.dialabank.com is collected from public sources and is believed to be accurate and genuine. This site should be used as a information provider for different product offerings of Insurance companies and the visitor should make an independent verification with the Insurance companies to verify the claims made in the policy before making any purchase. The decision to Apply and/or Purchase a policy is at the sole and complete discretion of the website visitor and Dialabank.com cannot guarantee or can be held liable for loss or damage caused by claims made by insurance companies through their agents, partners, products or services, directly or indirectly.

Share This

Menu