What is a CIBIL score?
CIBIL score is a 3-digit number between 300 and 900 issued by TransUnion CIBIL. Banks and NBFCs use it to decide whether to sanction your loan or credit card and at what interest rate. A score of 750+ is considered healthy; below 650 makes approvals difficult.
How CIBIL is calculated
On-time EMI and credit card payments matter the most.
Keep credit card usage under 30% of your limit.
Older accounts + a mix of secured & unsecured loans.
Too many loan applications in a short window hurt.
Common mistakes that hurt your score
- Missing or delaying an EMI / credit card payment even by a few days.
- Maxing out credit cards month after month.
- Applying to 5–6 lenders in the same week — every enquiry is logged.
- Closing your oldest credit card and shortening your credit history.
- Settling a loan instead of fully paying it off — 'Settled' status stays for years.
- Ignoring an incorrect entry on your CIBIL report.
A 6–12 month roadmap to cross 750
- 1Month 1 — Pull your report
Get your free CIBIL report. Note every account, balance and any 'Settled' or 'Written-off' status.
- 2Month 1 — Raise disputes
Flag wrong entries, closed accounts still showing open, or loans that aren't yours. CIBIL resolves within 30 days.
- 3Month 2–3 — Clear overdue
Prioritise any 'DPD' (Days Past Due) amounts. Even ₹1 overdue drags your score down.
- 4Month 2–6 — Fix utilisation
Bring credit card usage below 30% of the total limit. Pay twice a month if needed.
- 5Month 3–9 — Build positive history
Keep 1–2 active credit lines. Auto-pay the full statement, not the minimum.
- 6Month 6–12 — Add a secured line
A secured credit card or small consumer-durable loan, paid on time, rebuilds trust quickly.
- 7Month 9–12 — Avoid enquiries
Do not apply for new loans while the score is recovering. Every hard enquiry costs 5–10 points.
How long does it take?
A disciplined borrower typically sees a 40–80 point jump in 6 months and can cross 750 within 9–12 months, provided there are no fresh defaults. Rebuilding after a settlement or write-off usually takes 18–24 months.
Quick wins this month
- Set auto-pay on every credit card.
- Ask your bank for a credit-limit increase (do not use it).
- Consolidate 2–3 small EMIs into one lower-rate loan.
- Keep your oldest credit card active.
- Never let utilisation cross 30% before statement date.
- Check your CIBIL report every 3 months.