If you use the funds from a personal loan to repay debts or to consolidate current loan obligations, it can certainly improve your credit utilisation ratio and exhibit responsible debt management, which collectively can positively impact your CIBIL score.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.