In an online babble with Get Ahead readers
Harshala Chandorkar, Senior Vice President -- Chump Relations, Communication
& CIC Compliance Acclaim Advice Bureau (India) Limited (CIBIL),
answered home accommodation queries.
swapnil pathak: I accept aloof accomplished my home loan,
for my aftermost emi i faultered by 2 canicule for which coffer answerable me a
amends of 225 rs. will this affect my acclaim rating?
Harshala C: Amuse analysis your CIBIL acclaim abode and score. If the
coffer has appear that there was a delinquency, it will reflect on your acclaim
report.
mayur ekbote: Who is the appellate ascendancy on CIBIL ? Is it RBI, civilian
courts or added arbitrators?
Harshala C: Reserve Coffer of India is the regulator for CIBIL.
NEHA: I accept taken home accommodation of 30 lacs aftermost year
& would like to anniversary added accommodation of 25 Lacs on addition
acreage about i am acceptable for added 20 Lacs appropriately amuse let me
apperceive the best options for acceptable accommodation eligibility?
Harshala C: If you accept busy the property, rental assets can be apparent
as added income. This may enhance you eligilibility for college loan.
arif khan: can i get a Home Accommodation , If my Acclaim anniversary is
actual low. about 525..???? & which accommodation can i get???
Harshala C: While anniversary coffer will accept its own acclaim scoring
absolute based on the acclaim acceptance policies, it has been empiric that
best banks are lending home loans to consumers with a acclaim anniversary of
750 and above. You will accept to admission the banks and acquisition out.
Navin Shah: One clandestine accounts aggregation allurement me to pay
processing allegation for demography home loan. Is that normal?
Harshala C: Yes. Banks do allegation processing fees for loans.
Nilesh: how to anniversary salaried actuality accommodation of loan?
Harshala C: Best of the banks accept a accommodation accommodation
calculator on their website. They will charge capacity of your Anniversary
Income, Anchored Obligations, Loans taken. You can acquisition out your
accommodation from these calculators.
devang desai: Some Banks allurement for BMC accustomed plan of action as
able-bodied while cost of Accommodation is it compulsatory to give.
Harshala C: Anniversary banks has its set of abstracts that they ask for
acknowledging a home loan. About the Accustomed affairs of the acreage are
appropriate by the banks.
kamal—kamboj: I am 50 and alive in pvt. organization.What is best
administration I may get for repayment
Harshala C: For a salaried person, banks will about accord a accommodation
till the age of retirement. If the retirement age is 58 years in your
organisation you may get a accommodation for 8 years.
mazhar shaikh: I accept a home accommodation and appetite
to alteration the accommodation to added coffer but i accept a low CIBIL
anniversary due to acclaim agenda adjustment but i accept apple-pie home
accommodation almanac can i alteration the accommodation to added coffer will
there be any issue? Acknowledgment in anticipation.
Harshala C: Anniversary coffer has its own acclaim policy. Amuse admission
your own CIBIL abode and Score. A anniversary of 750 and aloft is advised a
acceptable anniversary by best of the banks.
Alok: Can we annals 02 flats beneath one distinct name?
Harshala C: Yes. you can register
vijay Sharma: I activated to HDFC for home accommodation of 6 lacs &
paid processing fee with Cheque of Rs5000 . HDFC accustomed me accommodation by
sending a letter. Back I went for cost of my cheque. I am told that some
certificate still appropriate from builder. Three months accept anesthetized
but accommodation bulk still awaited. Why coffer answerable me proccessing fee?
Harshala C: Apart from processing fees banks additionally crave abstracts
pertaining to the acreage that is actuality financed. Already they accept all
the abstracts the cost is about done. Processing fees are calm upfront.
shishupaul bamotra: i took 6 lac home accommodation from UBI
coffer (in april 2011. i am giving Rs 7000/month chapter (will be for 15
years). I appetite to accomplishment it as aboriginal as possible. Amuse
adviser me
Harshala C: You can abate the administration if you admission your EMI.
Alternatively you can accomplish allotment payments if you accept accustomed a
agglomeration sum bulk - say from a anchored drop which has accomplished or
bonus, etc.
amit pradhan: i appetite to pay added chapter anniversary to abate accommodation
period. is it profitabele than lumsome pay?
Harshala C: Your administration will abate on both contest - if you
admission your chapter or accomplish lumpsum payments. But it depends on the
bulk that you ambition to pay as lumpsum and the added EMI.
tarun swain: i appetite to alteration my home accommodation anniversary to
sbi from hdfc. But I accept taken the HDFC ERGO General Allowance from HDFC
forth with the loan. Is that allowance will be vaild alike back i alteration my
home accommodation to sbi.
Harshala C: Amuse analysis the acceding and altitude of the policy.
Prakash: can i get a Home Loan, my credic amount 1200 then…. ?
Harshala C: The CIBIL TransUnion Anniversary is a 3 chiffre numeric
arbitrary of an individual’s acclaim history. The Anniversary ranges from 300
to 900 points. The afterpiece the individual’s Anniversary is to 900; the added
favourably the accommodation appliance will be beheld by a Acclaim Institution.
Jenny Dsouza: How can we analysis CIBIL acclaim report?
Harshala C: Visit http://rediff.ly/1gsxk, cibil's website.
sarvjeet sudan: this is additionally my affair but
acknowledgment is still awaited
Harshala C: CIBIL’s Altercation Resolution Department will analyse and
avenue the altercation to the lending institutions for confirmation. Amuse
bethink that CIBIL can alone accomplish changes to your report, already the
lending institutions abide the updated/ adapted data.
Rahul Kadam: In CIBIL abode lots of apocryphal advice about analysis with
accurate coffer for Home Accommodation and acclaim agenda apparent how can this
be corrected.
Harshala C: Yes, CIBIL can advice you through its Altercation Resolution
Process. 1. If you acquisition discrepancies again log in to CIBIL’s
Altercation Resolution webpage: http://rediff.ly/22npj 2. Provide your name,
address, date of birth, abode Control Number (CN) and the attributes of the
dispute.
kamlesh Bhansali Ans: I got actual actual ablaze printed cibil
abode from you. Afterwards complaint afterwards 20 canicule I got new copy.
Your abutment info@cibil.com is TOOOO slow. I appeal you to analysis your
tickting system. OR alarm you abutment nos to analysis acknowledgment time
Harshala C: We apologise for the aggravation acquired to you and will
absolutely view into this matter.
Jude Rebello: I accept activated for home accommodation befitting my wife as
a co-applicant. can i accommodate her name as the co-owner in the agreement?
Harshala C: Yes you can accommodate her name as the co-owner in the
agreement. Do analysis your and your wife's CIBIL acclaim abode and score.
Banks admission the CIBIL abode for both the appellant and co-applicant
above-mentioned to acceptance the loan.
sudhakar B: Hi,I am 33 years old and my accepted booty home bacon is Rs
59000. Anniversary TDS is Rs 5000. I accept a outstanding claimed accommodation
of Rs 169000, for which I am advantageous Rs 8706 EMI.What will be my home
accommodation eligibility. I am attractive for Rs 20 Lakh with 15 years
tenure.Thanks
Harshala C: Best of the banks accept a accommodation eligibity calculator.
Amuse do admission your CIBIL abode and anniversary as able-bodied
above-mentioned to applying for a loan. The CIBIL acclaim abode and anniversary
is one of the important factors advised by banks for evaluating the
accommodation application.
sudhakar B: What should be the CIBIL anniversary to get a home loan?
Harshala C: While anniversary coffer will accept its own acclaim scoring
absolute based on the acclaim acceptance policies, it has been empiric that
best banks are lending to consumers with a acclaim anniversary of 750 and
above.
Mukesh Sinhal: I accept a Acclaim Agenda absolute of
3,70,000/- will availing home accommodation of Rs 25lakhs lower my
accommodation sanction by 3,70,000/-
Harshala C: While anniversary coffer will accept its own acclaim scoring
absolute based on the acclaim acceptance policies, it has been empiric that
best banks are lending to consumers with a acclaim anniversary of 750 and
above.
Snehal: what is the aeon advised to anniversary CIBIL appraisement for
home loan?
Harshala C: CIBIL Abode is a ages on ages almanac of an individual’s
loan-related EMI (home loans, claimed loans, auto loans and so on), acclaim
agenda or defalcation payments. Acclaim history pertaining to all loans and
acclaim cards is advised while accession at the CIBIL TransUnion Score.
sachin ganguwar: there are lot of issues adjoin cibil non
updation i accept reminded banks to amend the cachet why is this happens so,
why there is no concern fabricated to the chump anon back there is an O/s
reflectiing in cibil report
Harshala C: Amuse accession a altercation with CIBIL. We will facilitate
with the banks to accomplish updtaions in your records. Amuse agenda that CIBIL
can alone accomplish changes to your report, already the lending institutions
abide the updated/ adapted data.
Jagdish Rapata: I accept activated for CIBIL CIR by
advantageous online... it is added than 4 canicule and the CIR is still not
emailed to me. Afterwards I arrested chump complaint websites I begin abounding
bodies accept not accustomed the reports. Your chump affliction and
acquaintance advice on website is useless.
Harshala C: I apologize for the aggravation acquired to you. If you are
auspiciously accurate you would accept accustomed an advantage to download your
acclaim abode consisting your acclaim anniversary and additionally accept it
via e-mail. Amuse analysis your spam box as well.
If you accept bootless the affidavit again you
accept to upload scanned archetype of your character affidavit and abode
affidavit on CIBIL’s website. The abode will again get delivered to you via
accurate delivery
Mohit Jaiswal: If I booty a Claimed accommodation of Rs 10
lacs, I dont accord it through my bacon a/c, I dont acquaint the Coffer that I
accept taken Rs 10 lac loan, will it reflect in CIBIL that I accept taken the
loan?
Harshala C: Yes. CIBIL collects acclaim advice pertaining to borrowers
from banks and acclaim institutions. It again collates this advice into acclaim
letters and provides them to banks to advice them appraise accident while
lending to a consumer. So the CIBIL abode will accept capacity of all the loans
and acclaim cards availed by a consumer.
pankaj kumar: I accept two EMIs awaiting for claimed loan, would it be
advised in artful Home accommodation eligibility.
Harshala C: Yes. they will be advised for artful the accommodation
eligibility. But back you accept alone 2 EMIs awaiting the appulse will be
negligible.
VIJAY NAUTIYAL: On a CIBIL anniversary of 571, can I get claimed
or home loan???
Harshala C: While anniversary coffer will accept its own acclaim scoring
absolute based on the acclaim acceptance policies, it has been empiric that
best banks are lending to consumers with a acclaim anniversary of 750 and
above. You can clean your acclaim history by creating appropriate payments on
your accommodation and acclaim agenda accounts. Admission your acclaim abode at
approved intervals to accumulate a tab on your acclaim history and administer
for a accommodation alone back your acclaim abode and acclaim anniversary shows
bit-by-bit improvement.
sanjay yadav: there is no anniversary on cibil report...
Harshala C: You may not accept a CIBIL TransUnion anniversary and accept a
NA or NH cachet which implies- a) You do not accept a acclaim history or you do
not accept abundant of a acclaim history to be scored, i.e. you are new to the
acclaim arrangement b) You do not accept any acclaim action in the aftermost
brace of years c) You accept all add-on acclaim cards and accept no acclaim
exposure
Apindersingh: my acclaim anniversary is alone 596 can i get claimed loan
Harshala C: While anniversary coffer will accept its own acclaim scoring
absolute based on the acclaim acceptance policies, it has been empiric that
best banks are lending to consumers with a acclaim anniversary of 750 and
above.
Haresh: My ancestor is affairs a collapsed in my name and he shall
accomplish the acquittal for me. Can he accord a accommodation to me to buy
this flat?
Harshala C: If he has the funds with him he can accord you a loan
ketu parikh: Hi, Requested to assignment out some arrangement that we can
see our acclaim anniversary throughout a year with anniversary fees.
Harshala C: Thank you for a advancement for the Anniversary Subscription
Scheme
sanjay yadav: hi , my creditscore is NA / NH ....so can i be elligible for
loans???
Harshala C: NA or NH cachet implies- a) You do not accept a acclaim
history or you do not accept abundant of a acclaim history to be scored, i.e.
you are new to the acclaim arrangement b) You do not accept any acclaim action
in the aftermost brace of years c) You accept all add-on acclaim cards and
accept no acclaim exposure. Having said that, It is important to agenda that
these Scores are not beheld abnormally by a lender and the lender will accept
altered acclaim behavior for chump who don't accept a score.
Mohit Jaiswal: If I booty a Claimed accommodation of Rs 10
lacs, I dont accord it through my bacon a/c, I dont acquaint the Coffer that I
accept taken Rs 10 lac loan, will it reflect in CIBIL that I accept taken the
loan?
Harshala C: Yes. CIBIL collects acclaim advice pertaining to borrowers
from banks and acclaim institutions. It again collates this advice into acclaim
letters and provides them to banks to advice them appraise accident while
lending to a consumer. So the CIBIL abode will accept capacity of all the loans
and acclaim cards availed by a consumer.
VIJAY NAUTIYAL: ok, acknowledgment Harshala. Now how
abundant of time does it booty to accession the CIBIL anniversary from 571 from
750? I accept that we accept accumulate our financials strong, not to
administer for any loan/credit cards, accept to accomplish all EMIs on time
etc..
Harshala C: You can advance you acclaim history and anniversary by
creating appropriate payments on your accommodation EMIs and acclaim agenda
dues.
Additionaly, Maintain a advantageous mix of
credit, administer for new acclaim in moderation, adviser your co-signed,
collective accounts monthly, Adviser the accommodation accounts for which you
accept stood as a ‘guarantor’, Review your acclaim anniversary and history
frequently
vivek porwal: Is it appropriate to pre abutting the loan. I had taken
accommodation 3 Years afore now i appetite to abutting the loan. What's ur say?
Harshala C: Amuse appraise if the added funds that you accept will back
college amount of interest/earnings than the amount of absorption that you are
advantageous for the loan. If not, again pre pay your loan.
Harshala C: Thank you actual abundant for accommodating in the Rediff
chat. Due to absence of time I was clumsy to acknowledge to all queries. It is
appropriate to analysis your CIBIL Abode afore applying for a apartment loan.
Appropriate payments of accommodation EMIs is best important for advancement a
acceptable acclaim history and a advantageous acclaim score!
For more information visit CreditVidya