Anyone using UNI paycheck feature here?

[BhaiyaJi]

Is the monthly deposit reported as a separate loan account?
Did you face any issues with bill payments, etc?

 

[akashasnani]

Yeah, I do have.. I do get 50k each month. I don't face any issues in repayment till now. yes, it does report as a separate loan account.

 

[azimk]

Yes i do....

 

[akashasnani]

Update:: I had opted for it. but it affected my cibil score alot. i would suggest everyone not to try this.

 

[azimk]

Update:: I had opted for it. but it affected my cibil score alot. i would suggest everyone not to try this.

Timely payment krne par cibil score affect hua?

 

[kkk]

Following

 

[Dr. Drake]

I've been using it since its inception. In Experian, I see two accounts but only one in CIBIL. Experian set up two accounts, one with the original assigned uni limit and one with the paycheck limit.

The only disadvantage in cibil is that current balance== Uni Paycheck balance (100% utilisation), but this had little effect on my cibil

 

[kushhh]

But do paycheck have any charges

 

[kushhh]

I just closed my uni card , can i contact them again to reopen

 

[Mrdhiman1]

Update:: I had opted for it. but it affected my cibil score alot. i would suggest everyone not to try c

Update:: I had opted for it. but it affected my cibil score alot. i would suggest everyone not to try this.

Ho much it reduced your CIBIL ?

 

[Lazygreen]

It reduces my CIBIL by almost 100 points...
Only other thing which could have affected it was I also closed a 4yrs Aix bank card...but still 100 points is lot

 

[Lazygreen]

Timely payment krne par cibil score affect hua?

Yes....
Uni denies it, but it eats ur CIBIL

 

[zaid_2913]

Yes....
Uni denies it, but it eats ur CIBIL

I am using from past 9 months with 50k pay check, My CIBIL never came below 790.

 

[Indian]

I am using from past 9 months with 50k pay check, My CIBIL never came below 790.

May be your Lending partner NOT NDXP

 

[Paritosh]

My Cibil dropped around 50 points

 

[Lazygreen]

The scary part is would pay disbursal be reflected as separate loan each month ?
Would CIBIL keep dropping?

 

[tanvi]

I am using from past 9 months with 50k pay check, My CIBIL never came below 790.

How u got 50 k me strucked at 15k😅

 

[rp0703]

How u got 50 k me strucked at 15k😅

What are the charges?

 

[tanvi]

What are the charges?

When I applied there weren't any charges/interest

 

[zaid_2913]

How u got 50 k me strucked at 15k😅

It depends on original uni 1/3 limit

What are the charges?

299 plus GST, It will be refunded after completing 12 pay check credits.