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Corporate Office

Metro Group, Plot No. A295, Saheed Nagar, Bhubaneswar - 751007, Odisha, India

Registered Office

Metro Group Orissa Pvt. Ltd., Metro Riverview Complex, Sunshine Field, Ring Road, Cuttack-753002, Odisha, India

Enquiries

+91 90900 48484 info@metrogroup.ind.in

Disclaimer

The information given on the website regarding the company, past experience, current and upcoming projects, except the legal documents, is purely indicative and representational and does not constitute a promise by the company nor does it create any contractual obligation on part of the company. The content herein of upcoming projects describes the conceptual plan to convey the intent & purpose of the projects. The pictorial representations, including that of buildings, towers, facilities, surroundings, color scheme and amenities are artistic impression and are only indicative of the envisaged developments and actual product may differ from what is indicated herein and all dimensions are approximate and are subject to construction variances. Further, the Company/ Architects reserve the right to add/delete any details/specifications/elevations mentioned, if so warranted by the circumstances subject to the applicable laws. The relationship between the Promoter/Developer and the actual customers will be governed strictly by the agreements to be executed from time to time and not on the terms of this website and or any other promotional document. Please refer to the template of Agreement for Sale on RERA Website or approach our sale’s representative available at our office address to know about Promoter’s/Developer’s legal offering and its contractual obligations in respect of purchase of flats/units in the Project(s).

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Why Is Cibil Score Important For A Home-Loan?

A credit score also known as the CIBIL Score is known to be the main way to assess a loan seeker’s credibility and ability to pay off loans. In India, since RBI approves of this method to judge a person’s repayment ability, many banks do use the same to assess trustworthiness. A Cibil Score is a three-digit score which ranges anywhere between 300 to 900. So, in this case, CIBIL evaluates a person’s payment history, credit handling trends and existing banking process to award a final score.

The benefits of having a good credit score are that it can help a person seeking home loan to secure a low home loan interest rate. This ensures not just flexibility in repayments, but also awards one with great negotiating power and pertinent loan finances. However, on the flipside, if one has a bad CIBIL Score, then they can face delays in getting their loans processed and even higher interest rates.

So, what exactly is a good CIBIL score to have to get a home loan easily without hassle? Ideally, any score that is 750 and above is considered to be an excellent score for securing a home loan. Even though this score is considered ideal, one can get their home loan approved if their score is anyway between 650 and 750. However, 650 is considered to be the baseline score of getting a home loan and it is always advisable to score till 750 and above.