Wedding called off as groom's low CIBIL score fails to impress bride's family

Murthisapur (Maharashtra): In an unusual turn of events, a wedding was called off due to the groom’s low CIBIL score, making it possibly the first case of its kind. While marriages are often suspended due to conflicts between the bride and groom or religious differences, this case stands out for its financial reasoning.

According to reports from The Times of India, the incident occurred in an arranged marriage setup. One of the bride’s uncles decided to check the groom’s CIBIL score, which eventually led to the dispute.

The groom was found to have a poor credit score, revealing that he had taken multiple loans from various banks and had a history of delayed repayments. A low CIBIL score reflects poor financial discipline and difficulty in closing loans on time. Concerned about the groom’s financial stability, the bride’s family concluded that he was unfit to support her financially and subsequently withdrew from the marriage arrangement.

What is a CIBIL score?

The Credit Information Bureau (India) Limited (CIBIL) is an institute where financial institutions register as members to monitor individuals' credit histories. A CIBIL score is a numerical representation of an individual’s credit worthiness, determined by their repayment history, outstanding loans and overall credit behaviour. A low score often indicates financial instability, leading to challenges in securing loans or financial commitments.