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PolicyWala Newbie
What to do to build the CIBIL Score?
A couple of months back, a colleague went to our salary account bank to apply for a personal loan. He was rejected. The reason he was given astounded me - that you have not taken any loans/Credit Card's in the past & hence your Cibil score is low - so, you are not eligible for a loan.
What to do to build the CIBIL Score?
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Moderator
First thing is to check your CIBIL Credit Report and find out whether all your details are correct.
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Moderator
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NewBie
Yes, To build your credit score take credit card from any bank, make payments regularly so that you can build good credit score
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Banned
Never default your credit card bills or loan EMI. Pay them without fail and within a specified period.
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