Your CIBIL report is much more nuanced than a somewhat chaotic inundation of credit terms. It is descriptive of every detail related to your credit history, and one of the more important details encapsulated is your DPD status. To know…
TDS, abbreviated for tax deducted at source, is an automated taxation mechanism which automatically takes a stipulated percentage of your paycheck and deposits it to the government as tax. For the government, this removes the moral reliance on citizens to…
E-KYC is a government-devised ingenuity that allows people to completely digitise their KYC obligations. With identity theft and fraud nearing criminal ascendancy, e-KYC is an automated contrivance with only the highest thresholds of encryption that ensures zero breach of security…
Understanding the significance of the CIBIL score when applying for a home loan in India is crucial for prospective borrowers. The CIBIL score, also known as the credit score, plays a pivotal role in determining loan approval and the terms…
A flawed credit report can hinder your chances of obtaining new credit and might result in your credit applications being denied. It’s crucial to regularly monitor your credit report for inaccuracies or signs of fraud, as such issues can lead…
CIBIL, or Credit Information Bureau (India) Limited, plays a crucial role in your financial life. It acts as a credit bureau, meticulously recording your borrowing behaviour and generating a credit score based on that data. Lenders, including banks and credit…
Understanding your CIBIL report is crucial for getting an insight into the financial health of an individual. A CIBIL Score acts as a credit report card, that summarises your creditworthiness through a credit score and detailing your borrowing history. By…
Changing the spelling of your name requires updating your details across all relevant records to avoid future discrepancies or misunderstandings with lenders. If you’ve recently altered the spelling of your name and are wondering how this might impact your credit…
CIBIL score undoubtedly is the cardinal assessment of your financial well-being. Trans Union CIBIL is India’s biggest credit card information company, with a repository of over 600 million individuals and 32 million businesses. Most lenders and issuers in India check…