Dial a Loan - Standard Chartered Bank based on Credit Card

lluckyy

KF Rookie
I borrowed a loan of 3 LPA from SCB, and they approved it based on my credit card. After three months, I recently reviewed my CIBIL score and noticed a decrease from 788 to 756. Can someone assist me in comprehending this? I'm curious if obtaining a loan based on my credit card could have such a significant impact on my credit score.
 
Top