CreditMantri Finserve Private Limited
Door No.3, Block B, No. 147, 2nd Floor, Workeasy Space Solutions, RK Swamy Centre, Hansa Building, Pathari Road,Thousand Lights, Chennai, Tamil Nadu600006
Have any queries? Click here for more details
All written queries will be responded within 1 working day.
We'd love to help you through every step along the way.
Is your Credit Score >750?
An insurance policy for a car is necessary as a car is a luxurious commodity that is prone to damage. The Indian Motor Vehicles Act makes it compulsory for every car owner to hold a valid car insurance policy. There are many car insurance companies operating in the country and they sell policies both offline and online. Here are some main reasons why buying car insurance online is a smart choice:
1. Online options are cheaper than offline
The primary reason why you can choose to take an online insurance plan for your car is that online plans are cheaper compared to regular offline plans. In general, offline car insurance plans are controlled by agents who charge a certain commission. But it is different in case of online policy purchases where you only need to pay the required processing fee and no extras. Thus, you save your money by purchasing a policy online as it involves 0% agent commission charges.
2. Easy Comparison
Before purchasing a car insurance plan, you must compare it with the other car insurance plans available . You can quickly compare online policy premiums from anywhere. The online comparison helps you save a lot of time too helping you evaluate the right plan that best fits your budget and offers you the required features. You can use CreditMantri to compare different car insurance plans offered by top insurance companies with just a few clicks.
3. Minimum Paperwork
Offline car insurance plans consist of a lot of paperwork. This is a time-consuming process. Moreover, you have to make sure that everything is accurate while filling the documents. Online plans are hassle-free to purchase as you can correct any errors and fill up the online proposal forms with minimal or no paperwork.
4. Easy Renewal Process
Every car insurance plan has a specified validity period, after which it has to be renewed. In the case of offline plans, you will need to talk to the agent and pay him the renewal charges to renew your plan. Whereas, if you renew a car insurance plan online, you can pay digitally in no time and in a hassle-free and secured manner.
5. No Chances Of Manipulation
Online purchase of an insurance plan is a 100% transparent process. Thus, it has no chances of manipulations of any kind, be it your premium amount or policy terms.
A CIBIL™ score is a three digit number between 300 and 900 that gives potential lenders a quick idea of your loan
Credit repair involves rebuilding your credit health to a level where you become eligible for loans.
A CIBIL™ Score is an indicator of an individual’s credit worthiness. It impacts the individual’s ability to borrow
A credit report is a history of your credit behaviour and contains detailed information on all your loan and credit
A credit rating - also known as a credit score - is a 3 digit number between 300-900 that gives potential lenders
A bad credit score is generally one that is less than 650. A credit score is a three digit number in the range of 300-900
Yes. In fact, a credit score of 850 is very good! Most lenders look for a minimum credit score of 750 to approve loans
There are several ways in which you can improve your credit score. Depending on how good or bad your score is,
Is 800 a good credit score? Yes. In fact, a credit score of 800 is very good! Only a small percentage of people reach,
Is it possible to obtain a free credit check or credit report? The answer is yes and no!
Your CIBIL™ Score plays an important role in getting loans and credit cards sanctioned, because it gives lenders
It is not possible for anyone, either lenders or borrowers, to get a CIBIL™ score or credit report for free.
It is important to know that there is no such thing as a CIBIL™ defaulter list. There used to be a defaulter list earlier,
There is really no number that can be established as the average credit score in India. Many people see regular
You can repair your credit absolutely free if you do it yourself! However, many people choose to get professional help
First, it is important to note that there is no ‘Defaulters List’ that is maintained or circulated by CIBIL™ or any of the other
Sourav and Ankit are watching the New York Marathon on TV and decide that they want to run a marathon.
In India, the best credit score to have is one that is 750 or above. The three credit rating agencies that operate in India
Is a credit score of 700 good? While it is not a very bad score, it is not good enough to automatically qualify
It is difficult to get a loan with a credit score of 650. Most banks look for a minimum score of 750 when deciding
It is not likely that you will get a loan with a credit score of 600. Most banks look for a minimum score of 750
It is difficult to get a loan with a credit score of 550. Most banks look for a minimum score of 750 when deciding
A poor CIBIL™ score can increase your financial problems and make it difficult to access credit, whether as a loan or credit.
One common worry that runs through your mind after you have made a credit card settlement is,
Get loans starting from 11.25% interest rate
Know how to improve credit score
FREE credit analysis for 1 year
CreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf.