Credit Score (Applying for a Loan or Credit Card)

The Credit Score is derived from your credit history as detailed in the Credit Information Report [CIR] and ranges from 300 to 900 points. Your credit score tells the lender how likely you are to pay back loan or credit card dues based on your past repayment behavior. The higher your score, the more the chance of your loan application getting approved!

In India, there are currently four credit information companies licensed by RBI. The Credit Information Bureau (India) Limited (CIBIL) is one of the key players.


The CIBIL credit score is a three-digit number that represents a summary of individuals’ credit history and credit rating. This score ranges from 300 to 900, with 900 being the best score. Individuals with no credit history will have a score of -1. If the credit history is less than six months, the score will be 0. CIBIL credit score takes time to build up and usually it takes between 18 and 36 months of credit usage to obtain a satisfactory credit score. CIBIL score is a record of your credit history i.e. past loans or credit cards availed from various loan providers, who are members of CIBIL.


With account & advisory support, we help you keep a track & control on your finances, such that your “Credit Score” always remains healthy!


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