Loan Against Property

 

Our Loans Against Property can help you through life’s biggest moments. Weddings, personal passions, educational fees or career changes - we’ve got you covered. Refinance any existing commercial or residential property at the best rates today.

 

Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Udyog Loan Against Property

 

Are you an MSME owner looking to scale your business operations? Take your business to new heights with Godrej Capital Udyog Loan Against Property. Our loan solutions enable business owners to get higher loan eligibility by allowing multiple sources of income to be considered. With quick loan approvals and attractive interest rates, our goal is to help your business achieve growth.

 

Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Lease Rental Discounting

 

Want to leverage your rental earnings to get a loan? We offer industry-best loan-to-value Lease Rental Discounting, allowing you to explore new business opportunities, fund personal expenses, or even pursue higher education. Unlock the value of your assets without selling them.

 

Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Commercial Property Loan

 

Take your business to the next level with a Commercial Property Loan that finances construction, extension or improvement to make your business goals become reality. With plans designed for your life, you can rest assured that your business empire is in safe hands.

 

Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Balance Transfer

 

Transfer your existing loans to Godrej Capital and experience the benefits of lower interest rates, flexible repayment terms, and significant EMI savings. Enjoy higher eligibility, along with a Top-Up loan, to take care of your extra needs.

 

Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Home Loan

 

Seeking a Home Loan to buy a ready-to-move-in property, an under-construction house, or renovate your current residence? Our Home Loan, featuring low interest rates and flexible EMI plans, is specifically designed to help you accomplish buying your dream home.

 

Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Plot Loan

 

Found the perfect spot to build your future? Our Plot Loans can help make it yours. Our loans offer you the financial help, low interest rates and flexible payment options you need to construct the home of your dreams.

 

Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Professional Loan for Doctors

 

Whether you need working capital to start your own clinic or upgrade your current practice with new facilities and hire skilled staff, our professional loans for doctors are here to help you.

 

Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Professional Loan for Doctors

 

Whether you need working capital to start your own clinic or upgrade your current practice with new facilities and hire skilled staff, our professional loans for doctors are here to help you.

 

Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Professional Loan for CAs

 

Want to scale your professional practice? We now offer professional loans for doctors and chartered accountants (CAs) to help you expand your existing set-up, hire more staff, buy modern equipment, and fulfil other business requirements to improve and develop your services.

 

Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Business Loan for MSMEs

 

If you're an entrepreneur with a small business or an MSME and are aspiring to take your venture to greater heights, you're in the right space! While you hustle for your company's success, we stand prepared to accompany you on this journey. Access unparalleled funding possibilities with our MSME-focused business loans, aligning seamlessly with your endeavors for business growth.

 

Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Business Loan for Women

 

Are you a woman entrepreneur with a vision for business growth? We are excited to fuel your ambitions with our women-centric business loans. Whether you're spearheading a small-scale business or a micro enterprise, our MSME-focused business loans are designed to meet your business needs.

 

Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Business Loan

 

We give you the courage to take that next step that your business needs. Godrej Capital Business Loans empower you with customizable financing solutions to grow your business to the next level!

 

Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

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Know the Difference Between Credit Score and CIBIL score



Navigating the world of credit can be overwhelming, especially when faced with terms like credit score, CIBIL score, and credit report. For loan applicants, understanding the distinctions between these terms is crucial. In this post, we'll unravel the complexities and shed light on the differences between credit score and CIBIL score.

 

Credit Score Explained:

Your credit score is a 3-digit summary that encapsulates your credit history. Calculated by credit bureaus in India, this score is a numerical representation of your creditworthiness. The algorithm used takes into account your credit history and assigns a score typically ranging from 300 to 900. The higher the score, the more responsible you've been with credit in the past. Lenders in India often favor borrowers with a credit score of 700 or above.

 

CIBIL Score Decoded:

CIBIL stands for Credit Information Bureau (India) Limited, one of the four major credit bureaus in India. The other three are Equifax, CRIF Highmark, and Experian. All four are licensed by the Reserve Bank of India (RBI). The credit score provided by CIBIL is known as the CIBIL score. The key distinction is that while any of the four credit bureaus can generate a credit score, only CIBIL provides the CIBIL score. Although a credit score from any of the bureaus is valid, most banks typically prefer the CIBIL score.

 

Also read: Why is CIBIL Score Important for Loans

 

CIBIL Score vs. CIBIL Report:

Your CIBIL report is essentially a detailed document created by CIBIL. It includes your CIBIL score and provides an overview of your debt accounts and their payment history. This comprehensive report encompasses information on past loans, credit card dues, and your repayment patterns. Additionally, it contains personal details such as your name, address, PAN, and contact information.

 

The CIBIL report is a comprehensive record of your credit history, reflecting your financial behavior and responsible borrowing habits. Each time you apply for a new loan or credit card, the lender reports the application to CIBIL, and these details are recorded in your CIBIL report. Equally, the other three credit bureaus offer their own credit reports, providing a holistic view of your credit health.

 

Credit Score and Loans in India:

Before applying for a loan in India, it is essential to check your CIBIL score from the official CIBIL website. Understanding the credit score requirements set by lenders is crucial. If your credit report falls short of expectations, it is advisable to work on improving your score before applying for a new loan. A favorable credit score not only increases the chances of loan approval but may also secure better terms and interest rates.

 

In conclusion, while the terms credit score and CIBIL score are often used interchangeably, it's important to recognize the distinctions. Your credit score is a broader term encompassing scores from various credit bureaus, while the CIBIL score specifically refers to the score provided by CIBIL. Regularly checking your credit report and score is a proactive step towards financial health, helping you make informed decisions and improve your creditworthiness over time.

 

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Disclaimer:
The contents of this article are for information purposes only and not a financial advisory. The information is subject to update, revision, and amendment and may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject Godrej Capital or its Affiliates to any requirements. Godrej Capital or its Affiliates shall not be responsible for any direct/indirect loss or liability incurred by the reader for making any decisions, financial or otherwise based on the contents and information mentioned. For more information, please visit www.godrejcapital.com