CIBIL Score: Now CIBIL score will be updated after so many days of repaying the loan, RBI has made new rules..

CIBIL Score News: Often, loan holders also have this problem that when they repay the loan, their CIBIL score is not updated for many days (cibil score ke rules). In such a situation, they also have to face trouble. Now, loan holders will get rid of this problem. RBI has made new rules for updating the CIBIL score (RBI rules on cibil score). Now the CIBIL score has to be updated within the stipulated time. Instructions have also been given to strictly implement these rules.

CIBIL score will be updated every 15 days-

Now, after repaying the loan, the CIBIL score will be updated in 15 days (CIBIL Score kab update hoga). That is, it can be updated twice a month. In the future, a plan is also being worked on to update it in real time, so that loan takers, loan repayment (loan repayment rules), and other bank customers can benefit.

Benefits of quick CIBIL score update-

After implementing the rule of updating CIBIL score twice a month (cibil score update time limit), customers as well as banks will benefit. Banks will be able to easily decide whether to give a loan to a person or not. At the same time, customers will also be able to check their CIBIL score (how to check cibil score) and decide to take a loan or credit card, etc., accordingly. Now, every month, banks (bank loan news) will report to credit information companies about the CIBIL score twice a month. With this, credit information companies (CIC) will be able to provide information about the updated CIBIL score on time.

This much CIBIL score is required for a loan.

To get any kind of loan (CIBIL Score for loan), your CIBIL score must be at least 750 points; only then can you easily get a loan at a low interest rate. CIBIL score is between 300 and 900 (cibil score range). If it is less than 600, it is counted in the category of bad. You can maintain it by paying the loan EMI and credit card bill on time.

CIBIL score is decided by credit history-

CIBIL score is decided on the basis of the credit history of every bank customer. Every three months, banks send the CIBIL score report to the credit information company. After this, the company decides the CIBIL score on the basis of that report. After taking a loan or credit card, etc., from the bank, the history of paying the EMI (loan EMI rules) or bill is the credit history.

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