Can Personal Loan improve CIBIL score?

Accepted Answer ✓ Accepted

Yes, a Personal Loan can help improve CIBIL score if EMIs are paid on time consistently. Regular repayment builds positive credit history. In India, disciplined repayment over months strengthens credit profile, while delays or defaults reverse the benefit. The loan helps only through good repayment behaviour.
1 upvotes

Suggested Answers

Yes, if you pay every EMI on time, it can help your score.
0 upvotes by Divya Nair

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