How To Improve CIBIL Score Instantly

About This Video :-

in this video we have discussed the ways to improve cibil score..
History Of CIBIL :-
There will be several consequences arise when anyone start defaulting on the loan payments. In such scenario, Lender will report the behaviour to TransUnion CIBIL. The name of the borrower will be appearing in the CIBIL DEFAULTER LIST

In 1994, RBI introduced this scheme to keep hold and information on the defaulters. Initially this scheme introduced for lending of 1 crores and more.

Later on, 1999, there was modification in this scheme and RBI has bifurcated defaulters into two categories:-

Wilful Defaulters-Value 25 lacks and more
Unwilful Defaulters-Value 1 Cr and More.

The Purpose of this scheme was to figure out the genuinely debt or who deliberately not clearing dues.

In 2002, RBI requested Bank and financial institutions and state financial corporation to send the defaulters data to TransUnion CIBIL.
TransUnion CIBIL classify this data into two categories
Suit filed accounts
Non-suit filed accounts.

CIBIL) was set up by SBI in association with HDFC in January 2001, with an authorised capital of Rs.50 crore and a paid up capital of Rs.25 crore, with equity participation of 40 per cent each and two foreign technology partners viz., M/s. Dun & Bradstreet Information Services (India) Pvt. Ltd., and Trans Union International Inc., U.S.A. sharing the remaining 20 per cent equity stake

CIBIL stands for Credit investigation bureau of india Ltd. It is the designated entity approved by the RBI to calculate the Credit ratings of the any individual or any entities.
CIBIL scores ranges between 300 to 900.
300-549-Poor Scores ------------------------- Low Chances Of Loan and very high ROI
550-700-Average Scores --------------------Moderate Chances Of Loan And High ROI
700 and above- Excellent -----------------High Changes Of Loan And Low ROI

For Healthy CIBIL

Credit Utilization :- use your credit limit less than the 30 to 40%. . It is advised to increase your credit limit if expense is more

Type of loans
Secured loans and Unsecured loans. If entity has the secured loan, Higher will be its CIBIL. The more Unsecured Loan, the lesser CIBIL will be.

Always avoids to have too many Credit Cards of different banks

Always keep checking of your CIBIL scores. Sometimes, there might be possibility wrong data updated on CIBIL data base.

[shivamgupta-mnuj]

क्या अच्छी तरह से समझाया आपने जितनी तारीफ की जाए उतनी कम है बिल्कुल सिंपल भाषा में

[chandandebnath]

My CIBIL score 850+.
Reason:- using two credit card and paying bill on time.
Never applied for any loan and more credit cards.

[bijaymodi]

CIBIL KE BARE ME ITNI DETAL JANKARI AAJ TAK ISSE PAHALE MAINE KABHI NAHI DEKHI THANK U.. THANK U..THANK U ..SIR

[vhoraramiz]

Bhai cibil score par Aaj Tak Aisa video nahi dekha excellent video...😊😊

[kiran.chourad]

One of the best videos of the CIBIL score. The last line was golden words people should understand this. Spread for the younger generation.

[kannanchettiar]

Bahut acche se samjaya sirji aapne, koi b channel aisa nahi samjaya
Super❤

[tirthankardas]

i pay My credit cards bill regularly on time.
paying my EMI on time
never fault a emi or Credit card loan
my credit utilisation is approx 5%.
still my CBIL is on 746 and not increasing.

[rohitray]

1 video yesa baniye jis me sirf civil hi sahi kare...🙏🙏🙏👍👍👍😘

[arnashaikh]

Great great great "Life is not short" indeed it isn't...At the age of 23 I have seen the importance of cibil score as I am facing problem to get education loan due to poor cibil of my father... The amount is less but as you said bank will not let it go even if its 1 rs overdue...

[pawarofjawan]

Lon kist fail ho jaane par ek kaam zarur Karo lon ki ek kist double pay kar do fir dekho sibil score direct exilent ho jata hai our baaki paise refund bhi ho jata hai mere saath aise hi huwa hai

[Ahsan_Sabeel]

Thank you very informative video. Un skipping. Bilkul bhi boring nahi hai zaroor dekhna video

[SonuLuckyMobile]

Wah Keya Knowledge Di Hai Aapne Sir Love You❤❤❤

[subhajitdalai]

This is the 2nd time I have come to see this video as becoming aware of financial things..

There is hardly any better video than you in indian YouTube community...💗

[EPIC_GAMES_]

Bhut jyada achi hai vedo bhai ek ek bat samjha di apne

[AbdulJabbar-uctv]

Bhai meine bajaj aur idfc k EMI'S nahi bani kuch 3 4 saal se aur abhi tak wese hi hai emi's
To men ab emi kaise pay karon aur apna cibil kaise improve karon?

[harvindrasinghmotivation]

This is a complete knowledge banking related video sir 👏 imagine head off sir Sir Mera ye question hai mne 2016 m ek bhai ko leke 50000 ka mudra loan liya tha ek emi bhrne k baad ghr m ldai k chlte wo jma nhi ho paya to sir wo ab jb m apna cbil check krta hu usme 63567 something show hota h pr ab m use complete jma krna chahta hu to mera cbil score kitne time baad shi ho jayega or m loan k liye kha s or kitne time k baad apply kr skta hu please sir Reply jaroor dijiyega apki video you tube p sbse better lgi channel mne apka subscriber kr liya hai like also 🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏

[leobuscaglia]

I took out a personal loan of 12 lakhs and repaid it in around 6 months time. My CIBIL score currently is 800 plus.

[adityanotiyal]

Thanks for the info. Sir ek video is topic pr bhi banao ki CIBIL ko complaint kaise Karen. Kyunki Mera sirf ek account open h loan wala but One score app me 2 account open show hota h mene sare loan time pr pay kiye h tb bhi wo 2 account active show hota hai.

[Shorthand_Speedmaster]

Elaborately explained
Every person should know all these things

[harenderparshad]

Excellent 👌 knowledge Dene k liye aapka dhanyawaad sir,