current balance in cibil report (Health & Beauty - Health Insurance)

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Item ID 15624022 in Category: Health & Beauty - Health Insurance

current balance in cibil report


The current balance in a CIBIL report reflects the outstanding amount owed on loans or credit lines at a specific point in time. It indicates the total sum that the borrower still owes to creditors. Lenders use this information to assess an individual's financial health and creditworthiness. A low current balance suggests responsible financial management, while a high balance may indicate potential risk for lenders. Monitoring this figure helps individuals track their debt repayment progress and maintain a healthy credit profile. https://www.arthasarathi.com/


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Last Update : May 02, 2024 8:50 AM
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Item  Owner  : Artha Sarathi
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2024-07-23 (0.542 sec)