Loan inquire affects CIBIL Score?

POSTED BY Manohar ON May 25, 2012 6:56 am COMMENTS (3)

I am planning to take a home loan and will be inquiring in couple of banks to find lowest interest rate and some other things. I had read it somewhere that inquiring about loans (or something similar to it) affects your CIBIL score, is it true?

3 replies on this article “Loan inquire affects CIBIL Score?”

  1. Manohar says:

    I meant talking to the branch staff and getting more information..

    1. Dear Manohar, these primary inquiries with several banks ‘ll not affect your cibil score. Please go ahead & contact as many banks as you want to.

      Thanks

      Ashal

  2. Dear Manohar, here inquiry means putting your financial papers as a file to each bank or merely talking to the branch staff? Please clarify your thing?

    Thanks

    Ashal

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