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Credit Information Bureau of India

Online approval of home loans by SBI

Online approval of home loans by SBI
State Bank of India (SBI) has planned to speed up the home loan approval process by making it online. Now, the national bank will approve the loan amount online by linking it with Credit Information Bureau of India (Cibil). For doing so, the bank is thinking of finalising the service providers who will enable the [...] Continue Reading »

Home loan defaulters fall as credit scores rise

Home loan defaulters fall as credit scores rise
The Credit Information Bureau of India, or Cibil, says that there is a less chance for home loan defaulters, as most individual borrowers taking home loans from banks have very high credit scores. Cibil provides home loan for individual borrowers. The CIBIL Transunion Score is a three-digit number ranging between 300 and 900 assigned to [...] Continue Reading »



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