All banks check's your Credit Score before approving your loan application.
Individuals with a credit score over 750 have a better possibility of getting loans.
Q. What is a Credit Score?
A Credit Score is your detailed credit history and full evidence of your credit worthiness.
Based on your performance across all relationships across all banks and financial institutions
a score between 300 and 900 is generated. A higher score indicates higher credit worthiness,
similarly a low score indicates lower credit worthiness.
You can now check your Credit Score by logging in and submitting details on www.cibil.com A paymentof Rs.470/- has to be made online. On successful authentication your report is mailed to you immediately.