How to Check Credit Score For Business Loan?
- Posted: 7th January, 2025
- Updated: 7th January, 2025
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To check your credit score for a business loan in India, follow these steps:
Choose a Credit Bureau: Select a credit bureau and start your credit score inquiry.
Visit their Website: Go to the official website of the chosen credit bureau.
Create an Account: Register for an account on the bureau's website and provide personal and business information.
Provide Required Documentation: Upload the necessary documents including Aadhar card, PAN card, and business registration details.
Pay the Fee: Credit bureaus usually charge a nominal fee for accessing your credit report.
Check Your Credit Score: After account creation and verification, you can access your credit report and credit score.
Review and Dispute Errors: Carefully review your credit report for any errors and dispute the errors.
Monitor Regularly: Regularly check your credit report, especially if you are applying for a business loan.
Remember that maintaining a healthy credit score involves making timely payments on existing loans and keeping credit utilisation low.
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