What Is a CIBIL Score?
A CIBIL score is a three-digit number ranging from 300 to 900, maintained by TransUnion CIBIL, one of India's leading credit information companies. It summarizes your credit history and repayment behavior into a single number lenders use during underwriting.
What's Considered a Good CIBIL Score?
Exact thresholds vary by lender, but a score of 750 and above is commonly viewed favorably by most banks and NBFCs for personal loans, home loans, and credit cards.
What Affects Your CIBIL Score?
Key factors include your repayment history, credit utilization, the length and mix of your credit accounts, and the number of new credit applications you've made recently.
How to Check and Improve It
You're entitled to one free credit report per year from CIBIL. Paying EMIs and credit card bills on time, keeping credit utilization low, and avoiding multiple loan applications in a short period are commonly cited ways to build a stronger score over time.