In today's time, whether it is a dream to build a house or start a business, the need for a loan is bound to arise. If you are planning to take a small or big loan and want the bank to easily give you a loan at affordable rates without hesitation, then it is important for you to understand your Cibil Score and maintain it well. It is very important. Not only this, now it has also become necessary to get a job in government banks. IBPS has said in its recent notification that the candidates applying for the job must ensure that they maintain a good credit history.
According to the new notification of IBPS, candidates whose CIBIL score will be less than 650, they will face difficulty in getting a job in a government bank. In case of not having a credit score, the applicant will need a No Objection Certificate (NOC) from the bank, failing which the offer letter can be cancelled. This new credit clause added to the eligibility criteria for bank jobs shows the importance of CIBIL score. Apart from this, it is very important to have a perfect Cibil Score before taking any kind of loan.
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