Yes, Kreditbee check cibil score or credit score before giving loan to a customers. Cibil score is one of the most important factor in the finance sector, The Credit or Cibil score indicates your previous credit history and behaviour with the other finance companies or banks.
If your Credit score and Cibil Score is good, then you can easily get any personal loan from the any micro finance companies like KreditBee, otherwise if your Cibil score is bad or low, then it becomes difficult to get any loan from the any finance company or banks.
Today in this article we are going to give you complete information about the KreditBee Cibil Score check process, and other important information that you need to know before applying for a personal loan in Kreditbee app.
Contents
Does KreditBee Check Cibil Score?
Yes, Kreditbee Check your cibil score before giving you loan. By the way Kreditbee check many things before processing your loan for approval. First of all, they check your salary with proof, bank statements, and other important documents.
Apart from this, one of the most checklist that is checked by the every company like Kreditbee is Cibil Score and Credit Score. So KreditBee also check your Cibil score before processing your loan. Because a good or bad credit score indicates your previous relation with other finance companies and banks.
So if your Credit or Cibil score is good means above 700 then you can easily get loan from the Kreditbee. But if your cibil score is less than 700 then it becomes hard to get a personal from the Kreditbee or any other micro finance company.
Also, it is important to note that only Cibil score does not decide that you will get a loan or not apart from this there are many factors like your monthly salary, your job type, bank statements and More that decides whether you will get a loan from KreditBee or not.
KreditBee Minimum Cibil Score Requirment
As we have known that Kreditbee Check your Cibil score before approving a loan, but now you should know that how much minimum Credit score for Kreditbee required. Kreditbee has clearly said that a good credit score enhance your eligibility to get you loan from Kreditbee.
Kreditbee has said that a good credit score above 650 to 700 should be. So if you want to take a personal loan from the KreditBee App then your Credit Score should be minimum of 650 and above.
How To Check Cibil Score in KreditBee?
Till Now, We have known that Cibil is one of the most important things for getting loan from the KreditBee and also Kreditbee has clear about this that they require a good cibil score. Then now you have a question that How you can check your Cibil score.
But don’t worry about this because Kreditbee provide service to check your Cibil using thier website or mobile application. So you can check your Cibil or credit score using its official website or app.
To Check your Cibil score in Kreditbee app or website, first open its app or website and go to check cibil score section or click here. After clicking this link, you will go to the official website of Kreditbee and there you will see a “Check Credit Score” Button. After clicking on that button you will be able to check your cibil score by entering your corrent information like your mobile number, pan card, and others.
FAQs-
Can I Get a Loan From KreditBee with Low Cibil Score?
KreditBee said that if you have low cibil score then even you can apply for a loan in Kreditbee. But it depens that how much low is your cibil score and your current job type and your salary proof. So in current situation, if you have a good job or good salary then it may be that you can get a loan from KreditBee with low Cibil score. But in reality it becomes hard to take loan with low cibil score.
Does KreditBee Check Cibil Score Online?
Yes, Kreditbee check your Cibil score online. You can also check your cibil score online using KreditBee.
What is the Minimum credit score for KreditBee?
The Minimum Credit Score for Kreditbee should be above 650 or 700.
Conclusion
Today in this article we have learned information about the KreditBee Cibil score requirments and importance of Cibil score in Kreditbee to getting loan. We have known that Kreditbee check your cibil score before giving you a loan. We hope this article will be helpful for you. Thank you.