How a good CIBIL score can help you achieve your financial goals
lifestyle Mar 28 2024
Author: Ishwi Singh Image Credits:freepik
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Reliable customer
Maintaining a good CIBIL score can help you become a reliable customer. If you have a score of 750 or above, the banks will promptly resolve all your issues.
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Loan approvals
A good CIBIL score can help you get a loan from bank with no hindrances. You can get your loan approved instantly.
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Credit card
With a good CIBIL score, the banks will immediately process your application for a credit card.
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Loans
Some banks may also offer loans to customers with good credit scores at less interest rates.
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Higher credit limits
In some cases, banks may also provide higher credit limits to customers with a good CIBIL score.
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Special perks
With a good CIBIL score, you can also enjoy perks like premium cards and exclusive reward points.
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Insurance
Additionally, some companies may also offer you insurance policies at reduced premiums if you have a good CIBIL score.