I am following your blog for quite a while and all articles are very useful. Kindly clarify my below queries.
1) As you mentioned if any cheque gets bounced our CIBIL score will be reduced. Any idea like how many points approximately will be reduced.
2) I applied for SBI credit card and got it but they have given me less limit than they promised. So, I deactivated it without using. Will it effect my CIBIL score.
3) If we have more loans and credit cards but paying all installments without any delay will it reduce CIBIL. (I am having 3 loans and 3 credit cards and paying all bills in time without any delay).
4) I received a cheque from my friend which I deposited in my savings bank account. It got bounced whether it will effect my CIBIL score.
Thanks in advance,