Skip to main content

Do you know what is your Credit Score – Visit Now

Banks verify the credit score to determine the potential risk arises by lending money to customer and to analyze the numerical expression of individual’s credit file and their history. The credit information bureau India limited (IBIL) has role played as Credit Score information company that represent a summary of persons credit history. Shubhbank use this score to evaluate who qualifies for a loan with what interest rate and the credit limits. The use of the score prior to grant a loan is an implementation of a secured system. This credit score ranges from 300 to 900 whereas 900 being the good score if your history is less then six months, then the score will be zero and person with no history will have a credit score of -1. It is tough to get a loan with non repayment record from any of the lender.


Popular posts from this blog



In India, being a developing country every year many start-ups are launched and operated successfully. There are really a great number of young people who come up with an excellent business ideas every year. But most of businesses fail and the main reason behind it is the lack of funding. Nowadays, banks and other financial institutions become more stringent in the eligibility criteria to sanction a business loan. And to "Make Your Business Loan Successfulyou need to provide a stack of documents to the lender. Then the lender verifies your documents and takes 30 to 40 days to disburse the loan. So the parallel way of business funding is ShubhBank. Our aim is at funding your dying business but our way of functioning is different from other traditional lenders. We provide easy business loans for small and medium-scale enterprises with progressive vision.
ShubhBank have different process of gauging the loan eligibility than traditional banks and financing companies. Lenders d…


For growing businesses, having additional cash flow can be imperative. Without additional cash flow, you might find yourself being unable to afford payroll and other necessary costs. For that reason many business owners apply for a business loan. There are many specific loan requirements that you’ll need to meet in order to qualify. In this article, ShubhBank detail some "Business Loan Requirements" you  should know about what a lender will expect from a loan applicant.
1. Loan Purpose: Most of the lenders want to know why you availing a business loan and how you plan to spend it. The lender views the usage of loan for expanding a profitable business as an effective way to earn interest income. The approved reasons for applying for business loan includes improving cash flow, purchasing equipment, and financing an expansion project etc.

2. Experience in Business: While reviewing your loan application, lender will consider how much experience you have in business. If you’ve owne…