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How a pin code can nix your loan even if you have a great CIBIL score

If you live in a locality prone to defaults, your potential lender may not approve you loan despite the fact that you have a good financial record

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Bad Loans And Pin Codes

Aditya Kumar 



How a pin code can nix your loan even if you have a great CIBIL score

Everyday, financial institutions such as banks and NBFCs carry out complex analyses to improve the underwriting process for a loan. However, they do not completely assume they will recover all the they have disbursed. They frequently upgrade the definitions and goals to increase the efficiency of loan process and apply innovative tools to increase productivity.

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First Published: Wed, February 21 2018. 10:52 IST

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