Here are a few of customers’ common concerns regarding financial products.
Your credit score shows your creditworthiness to repay a loan or make credit card payments. A credit score is the first thing lenders check when you wish to avail of a loan or apply for a credit card. You thus need to maintain a CIBIL score above 750.
Credit bureaus compute your payment history, credits, credit utilization, number of inquiries, and credit age. These bureaus have access to your EMI data. They carefully study your timely EMI payment, and after considering several factors, they calculate your credit score.
Yes. The lender checks your credit score from one or more credit bureaus, leading to a hard inquiry on your credit report whenever you apply for a loan or credit. This kind of hard inquiry lowers your credit score to a few points.
From checking the eligibility to ensuring the disbursement is done correctly, Super Banking executives take care of everything. Fill out the application form and upload your documents on our website to get loan approval in less than an hour.
There is no limit to the amount of downpayment you can make to the lender. The higher the down payment, the lower is your loan obligation and the lower your EMI.