Table of Contents What is KYC? KYC document checklist Points to remember What is a CIBIL report? What is CIBIL rank? If you are looking to obtain a CIBIL Rank and Company Credit Report (CCR) of your company, the first thing you will need is a KYC document checklist...
Table of Contents Missing loan repayment Repaying basic amount Having a good credit mix Poor debt to income ratio Loan application rejection Loan settlements Maximising credit utilisation ratio CIBIL report errors Credit history tenure Fixing bad credit score When you...
Table of Contents High CIBIL score benefits Avail long term loans Get low interest rates Quick loan approvals Better loan offer negotiation Get pre approved loans High loan limits Strong CIBIL benefits to SMEs Whether you are an individual looking for a personal loan...
Table of Contents Registration process for individuals Registration process for businesses Advantages of logging in to CIBIL Understanding CIBIL score When you apply for a business loan, banks will consult CIBIL for your credit score. Therefore, it is important to...
Table of Contents What is loan settlement? Does settling a loan impact your CIBIL score? Improving credit score after loan settlement Removing the settled status from your credit report Loan settlement is a common term used in the banking sector. This is a loan...
Table of Contents Credit score vs CIBIL score CIBIL score vs CIBIL report Which matters – CIBIL score or credit score Frequently asked questions While obtaining a loan, bank eligibility criteria suggest a minimum CIBIL score or credit score. As a loan applicant,...
Table of Contents Loan without CIBIL score Alternate fundraising options When you apply for a small business loan or a personal loan, one of the determinant factors of loan approval is your CIBIL score. As you all probably know, a business with a good CIBIL score has...
Table of Contents Loan rejection’s impact on CIBIL score Improving credit score after loan rejection How to check your CIBIL score Tips to avoid loan rejection We all the importance of a CIBIL score while obtaining a business loan. CIBIL score is a critical factor...
Table of Contents Business finance scope Business finance features Business finance importance Scope of business finance in India The digital revolution As per recent statistics, India ranked as the fifth-largest economy in the world in 2023. A major reason for this...
Table of Contents How to get business loan in Chennai? Eligibility and Documents Interest rates by banks Govt. business loans in Chennai Next steps Chennai is the capital of the southern state of Tamil Nadu. It is one of the most prominent business centres in India,...
Table of Contents Business credit report meaning Business credit report importance Business credit report examples Obtaining a business credit report Interpreting a business credit report Free vs. paid business credit report Business credit report uses Maintaining a...
Table of Contents What is an overdraft loan? How does overdraft facility work? Features Benefits of overdraft facility Eligibility for an overdraft loan Banks that offer overdraft and interest rates Banks are a popular choice for loans for both businesses and...
Table of contents: RBI notification on foreclosure charges for MSMEs What is the RBI policy on foreclosure charges? Can banks charge foreclosure charges to MSMEs? Zero foreclosure charges for MSMEs – Bank updates What is the percentage of foreclosure charges?...
