If you are trying to secure a home loan to buy home in Mumbai, you must have heard the term CIBIL Score. It is an indication of the creditworthiness of the borrower. However, for the layman, it is difficult to understand what the CIBIL score means. Let’s understand it.

What Is a Good CIBIL Score?

A CIBIL score is one of the numerical expressions that can swing between 300 and 900 points. The score is determined after analyzing the credit history and files of an individual. The civil score is the simplest way to describe the...