Latest News
-
Tech Mahindra Q4 Results: Cons PAT Declines 41% YoY To Rs 661 Crore; Exits FY24 In Red -
1:5 Split Soon: Multibagger PSU Bank To Consider Dividend Too, Buy For TP Rs 650: Motilal Oswal -
Gold Price In US: Yellow Metal Rates Hold Steady Amidst Easing Middle East Tensions; GDP Data Awaited -
Multibagger Energy Stock To Reward Shareholders With 3 Bonus Shares, Hits 52-Week High -
Massive Rs 33/Sh Dividend By Larsen's IT Stock, 1650% Payout Soon; LTTS Earns Profit Of Rs 341 Crore In Q4 -
Rs 7.50/Share Dividend: Adani Group Cement Company Reports Strong Q4 Results; Profit Surges 2x YoY -
Closing Bell: Market Rebounds To End With Gains For 5th Straight Day; Sensex & Nifty Soar Led By Banks -
Gold Prices Ayodhya: In Ram-Janma-Bhumi, 24carat Falls By Rs 380 In 10-Grams, Drops By Rs 3,800 In 100-gram -
Penny Stock Hits 2nd Upper Circuit After Declaring Earnings, Gains 14% In 1-Week -
Rs 8.50/Share Dividend Recommended: Nestle India Reports 27% YoY Jump In Profit
How Much Does The Cibil Credit Score Statement Cost?
You cannot avail of a loan these days, unless you have a good credit score. It is important to know your credit score before you apply for a loan. Among the many companies that supply you a credit score is Cibil.
How much does it cost to get your Cibil credit score?
The cost of the Cibil score would actually depend on how often you want the score. A quarterly subscription of your Cibil Credit Score would cost you as much as Rs 1200, you save Rs 250 per report. You would get as many as 4 score reports by paying this amount.
On the other hand, if you want to know your Cibil score just for a single time, than the cost would be Rs 550 per report.
Our suggestion is that if you have been paying your installments regularly than you should just opt for the one time subscription.
This is because, you would otherwise be unnecessary subscribing to the reports and paying money for the same.
Why you should ask for the Cibil score?
You should ask for the Cibil score, simply because you need a good score to get your loan approved.
If you have a bad score, the chances of an approval are very difficult.
Institutions are generally happy if you have a Cibil score in excess of 700 points. This is because, they know that the chances of a default is very little. When your Cibil score is high the bank knows that you are a credit worthy customer.
How does Cibil know your credit score?
Cibil takes all your details from banks and your entire credit hisory and payment record. Remember, the rating agency does not know your deposits and stuff.
So, it only concerns itself with your payments and past credit history.
GoodReturns.in
