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Why is CIBIL score important for taking a loan?

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When you take a loan for the first time, your civil score does not remain

Depending on the transaction history of your bank, you can be given a personal loan or any other loana

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Only after that your civil score is prepared, to take a personal loan, the civil score should be at least above 750, this is the score

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If you take any loan, then no fixed civil score has been mentioned for it but your CIBIL score should be from 750 to 800

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It takes 45 days for CIBIL score to be updated Your credit report is generated every 45 days

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How to get loan in case of civil failure? If your CIBIL score is bad and you need a loan, if you want to take a loan, then you will have to contact your nearest bank branch, where you will need some important documents,