A CIBIL score is a three-digit number that is based on your repayment history and credit record. It ranges from 300-900. A score of 300 is the lowest and 900 is the highest score.
Ideal CIBIL Score for a Home Loan?
Lenders consider a CIBIL score of 750 and above good for Home Loan
How to Get a Good CIBIL Score?
# Maintain a Clean Record of Repayment
1
Timely pay credit card bills and loan EMIs can increase the chances of a Good CIBIL Score Home Loan.
# Less Usage of Credit Cards
2
A low credit utilisation ratio can help build a good credit score.
# Keep Track of Your CIBIL Score
3
Regularly check your credit score to see if there are any errors. An error-free credit will get you a Good CIBIL Score Home Loan.