#1  
25th September 2019, 08:49 PM
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Whether HDFC Bank check CIBIL score of credit card holders for approving an education loan?


Hello everyone, I am holding credit card though I am interested to do MBA now. I have undergone for a settlement of my credit card a few months ago. If I want to apply for approving loan then the Bank will check my CIBIL score also for an education loan?




  #2  
28th September 2019, 07:06 PM
ajayrocks007
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Join Date: Mar 2012
Location: New Delhi
Posts: 20,581
Default Re: Whether HDFC Bank check CIBIL score of credit card holders for approving an education loan?

Banks ask for your PAN card when you apply for the education loan and they will surely check your credit score or CIBIL score. It will surely tell about your credibility to the bank. If you have an excellent score then surely it will help you.

If your credit score is not good or very bad then banks will have some doubt. Also, the credit score of the guarantor will matter when you are applying for the education loan.
Do you have any question? or have anything to say?





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