CIBIL Score
A 3-digit credit score (300–900) that summarises your credit history for lenders.
Apply for a LoanWhat is CIBIL Score?
CIBIL Score (also called credit score) is a 3-digit number ranging from 300 to 900, generated by TransUnion CIBIL (Credit Information Bureau India Limited) based on your credit history. It summarises your repayment track record, credit utilisation, number of active loans, and credit enquiries. Lenders in India use it as the primary indicator of creditworthiness when evaluating loan applications.
Example
A CIBIL score of 780 typically gets you a home loan at 8.5–9% p.a., while a score of 670 may get 11–12% p.a. on the same ₹30 Lakh loan — a difference of ₹3,000–₹5,000/month in EMI.
Frequently Asked Questions
What is a good CIBIL score for a loan in India?
A CIBIL score of 750 or above is considered excellent and qualifies you for the best loan rates. Scores of 700–749 are good and qualify for most loans at moderate rates. Scores of 650–699 are fair — you may qualify but at higher rates. Below 650 is poor — many lenders will reject the application. Check your CIBIL score free once a year at cibil.com.
How long does it take to build a good CIBIL score?
Building a CIBIL score from scratch takes 6–12 months after your first credit product (credit card or small loan). Improving a poor score (below 650) typically takes 6–12 months of consistent on-time payments, reduced credit card utilisation (below 30%), and no new credit applications. Disputing and correcting errors in your CIBIL report can show results within 30–60 days.
Does checking CIBIL score reduce it?
No — checking your own CIBIL score is a soft enquiry and does not reduce your score. Only when a lender checks your score (hard enquiry upon loan application) does it drop slightly by 5–10 points. Multiple loan applications within a short period cause multiple hard enquiries, which can significantly drop your score.
Related Terms
Ready to Apply?
Home Construction Loan starting at competitive rates · Approval in 5 working days