A business loan, by definition, is money or a line of credit a business or individual give to another business for its start-up or operations. A business needs to pay back the loan, usually in instalments. The customers can apply for loans to any of the following banks.
CIBIL Score is a three-digit numeric summary of your credit history. The score is derived using the credit history found in the CIBIL Report (also known as CIR i.e Credit Information Report).
A CIR is an individual’s credit payment history across loan types and credit institutions over a period of time
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