Your CIBIL score is one of the most important factors banks consider when reviewing your loan application. A score above 750 typically gets you better interest rates and faster approvals.
Pay all EMIs and credit card bills on time. Even a single missed payment can drop your score by 50–100 points. Set up auto-pay for all recurring obligations.
Keep credit utilisation below 30%. If your credit card limit is ₹1 lakh, try to keep your usage below ₹30,000 at any given time. Following these steps consistently for 3–6 months can significantly improve your score.