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  • How Is Your CIBIL Score Calculated?

    A CIBIL score is a 3-digit number that assesses your creditworthiness. It has a range from 300-900 and is calculated by the TransUnion CIBIL credit bureau after taking into consideration several factors.

    Your CIBIL score is made up of four factors and each of them have a weightage.

    Payment History 30%
    Credit Exposure 25%
    Credit Type and Duration 25%
    Other Factors 20%
    1. Payment History

      Payment history is one of the biggest factors that can affect your CIBIL score in a positive or a negative way. If you pay your outstanding bills associated with your credit cards and loan EMIs on time, it will boost your score. And if you delay payments or miss payments, it will reduce your score. Hence, such payment behaviour should be avoided to keep your score high. A CIBIL analysis reported by the Financial Express reveled that a 30-day delinquency can reduce your CIBIL score by 100 points.

    2. Credit Exposure

      Credit Exposure which is also known as the credit utilisaiton ratio is the second biggest factor that affects your CIBIL score. Credit utilisation ratio is the amount of credit used by you in proportion to your available credit limit. As per experts, you should ideally use up to 30% of your total credit card limit. A high credit utilisation ratio suggests you are credit hungry and are struggling with your finances. As a result of heavy credit usage on your credit cards, lenders could think that you are at a high risk of turning into a defaulter, leading to subsequent application rejection.

    3. Credit Type and Duration

      Having a long credit history suggests that you have experience in handling credit. Credit history refers to the number of years that have passed since you have opened your first credit account. Therefore, it is advised to start building credit history at an early stage as it comes in handy when you are planning to buy a house or a car in the future, requiring higher loan amounts.

      The type of credit is also considered while calculating your CIBIL score. It is important to maintain a healthy balance of secured (e.g. home/auto loan) loans as well as unsecured (e.g. credit card) loans. When you have secured as well as unsecured credit in your credit report, it suggests that you have good experience in handling both types of credit.

    4. Other Factors

      Another factor that is a part of your CIBIL score calculation is hard inquiries. When you apply for credit such as a loan or a credit card, lenders pull out your CIBIL report from the credit bureau. Such an inquiry is called a hard inquiry and multiple such inquires will have a negative effect on your score. You should avoid applying for multiple lines of credit at the same time.

    It should be noted that your CIBIL score is one of the factors considered by lenders while sanctioning your application. Therefore, you should take necessary measures to maintain a high credit score. At present, there are several lenders who offer preferential pricing to consumers who have a healthy CIBIL score. With a high score, you have the power to negotiate better deals on credit cards and request for lower interest rates for loans.

    What is the Ideal CIBIL Score you Should Have?

    CIBIL Score Range Meaning
    750 - 900
    • This shows that you have an exemplary credit history.
    • It is easier for you to get a home loan, personal loan, credit cards and other unsecured loans with a credit score within this range.
    • It also means that you have a consistency of frequent and timely repayments.
    700 - 750
    • If you have a CIBIL score within this range, it means that you have a great track record of making repayments on time.
    • However, the banks will conduct some more credit analysis and this will be based on their internal credit policies.
    550 - 700
    • This would mean that you have a few irregularities with your past payments.
    • Banks may think that it is a little risky to give you a loan.
    • A few banks may consider you eligible for a loan but they will ask for a high collateral and interest rate.
    300 - 550
    • This means that you have a lot of defaults like past delinquencies, write offs, and also, over leverage. You will find it difficult to get a loan.

    Ideal CIBIL Score Rating Loans

    Loan Ideal CIBIL Score
    Personal Loan Above 700
    Home Loan Above 650
    Loan against Property Above 650
    Car Loan Above 700
    Business Loan Above 700
    Gold Loan Not Required

    How to Remove my Name From CIBIL Defaulters’ List?

    • You should note that CIBIL will not publish a defaulters list.
    • However, if you are a defaulter, then this will be reflected on your CIBIL score and also your report.
    • A low score means that you will be less likely to get a loan approved from the banks and NBFCs. If a payment default or delayed payment has been marked in your report, then, this will affect your chances of getting a loan.

    How to Check CIBIL Score Online?

    • Step 3: Select your subscription product.
    • Step 4: Type in your identity proof details
    • Step 5: Select ‘Proceed to Payment’.
    • Step 6: Make payment for the same
    • Step 7: Your CIBIL report and your score will be sent to your email

    How do I Check CIBIL Score by PAN Card?

    • Step 1: Visit the official CIBIL website
    • Step 2: Type in your PAN card details
    • Step 3: Select ‘Submit’
    • Step 4: Select ‘Proceed to Payment’.
    • Step 5: Make payment for the same
    • Step 6: Your CIBIL report and your score will be sent to your email

    Improving Your CIBIL Score

    Use credit responsibly:

    • You have to repay the amount borrowed to your lender, with or without interest, depending on the type of credit line, and your repayment behaviour.
    • So, avoid borrowing more than you can afford to repay.
    • Use your credit card, loan amount, or any other type of borrowing wisely.

    Avoid late or missed payments:

    • Apart from being charged late payment fees, the repayment behaviour will also get reported to the credit bureaus, and this will affect your credit score.
    • If you have multiple credit card payments and loan EMIs to make, it is advised to set up payment reminders or due date alerts to get more organised.

    Maintain a low credit utilisation ratio:

    • You should not exceed 30% of your total credit card limit. This is especially important if you apply for a home loan.
    • When you apply for a home loan, banks will assess your debt-to-income (DTI) ratio. The ratio evaluates your total debt with respect to your total income. If your debt exceeds 50% of your income, banks are more likely to reject your application.

    Make sure to close accounts:

    • If you have defaulted on any payments in the past, it will be reflected in your credit history and will bring your CIBIL score down.
    • Make sure to pay off the unpaid amounts and close the account instead of opting for a settlement. You should ensure that the account gets a 'closed' status.

    Review your credit report:

    • You should check your credit report periodically to understand your credit health. This should be done to ensure that your credit report is free of any errors related to your credit accounts.
    • This is important because any incorrect information recorded on your report could bring down your score through no fault of yours.


    1. Is my credit score and my CIBIL score one and the same thing?

    Yes, your credit score and your CIBIL score are the same. The Credit Information Bureau (India) Limited was the very first credit bureau in the country and so, CIBIL score was a term that was used synonymously with the term, credit score.

    1. Does SBI have its own CIBIL score?

    SBI does not issue credit scores for its customers. The CIBIL is the credit bureau which collects information from and NBFCs about people and they then calculate the credit score.

    1. How can I check my CIBIL score online at no cost?

    If you want to check your CIBIL score with paying any money, you can search for ‘free CIBIL score’ on the internet. You should then fill in all details and once you submit this, you will be able to see your credit score.

    1. What is the best CIBIL score for me to get a loan?

    You should have a minimum CIBIL score between 650-700 to get a loan.

    1. Will a loan rejection affect my CIBIL score?

    Yes, a loan rejection will lower your CIBIL score.

    CIBIL Related Articles

    News about CIBIL score calculation

    • Care Ratings sends CEO on forced leave over pending inquiry

      Care Ratings Ltd. has asked its chief executive officer (CEO) Rajesh Mokashi to go on a forced leave owing to pending inquiry into an anonymous complaint received by the nation’s markets regulator. The anonymous complaint received by the Securities and Exchange Board of India (SEBI). Care Ratings did not mention the nature of the anonymous complaint or what it pertained to. It is speculated that the complaint could be related to the Infrastructure Leasing and Financial Services Ltd (IL&FS) controversy. Earlier this month on 2 July, ICRA credit rating agency and the local affiliate of Moody’s Investors Service, sent its MD & CEO Naresh Takkar on leave as a result of a pending an enquiry into “anonymous" allegations against the executive.

      Care Ratings’ board of directors has decided to appoint T.N. Arun Kumar, currently executive director (Ratings) as interim chief executive officer ("CEO") of the company. The credit rating agency stated that Kumar will not be part of rating operations to ensure independence of ratings. The NBFC market has been under the scanner and disrupt the financial market after the IL&FS debt fraud in September last year. Three agencies – India Ratings & Research, ICRA and Care – had given IL&FS the highest rating of AAA, even when its subsidiary, IL&FS Transport Networks, had defaulted in June 2018.

      19 July 2019

    • Gross NPAs may Reduce to 8% by the end of FY20

      Credit rating agency, CRSIL predicted that non-performing assets (NPAs) will come down to 8% by the end of March 2020. This is a major development in the banking sector that’s been bogged down by bad loans. As per reports, bad loans in the banking sector peaked at 11.5% in March 2018. The credit rating agency said in its report that the reduction will be triggered by gradual decrease in fresh accretions to NPA coupled with measures taken to recover funds from existing NPA accounts. CRISIL further stated that the NPAs will decrease by 350 basis points over the course of two years, bringing it down to 8% by the end of the fiscal year 2020.

      The report further stated that public sector bank NPAs are poised to register a dip of 400 basis points, bringing it down to 10.6% by March 2020. In the previous financial year, bad loans in public sector banks were registered at 14.6%. Reports revealed that this is primarily because of RBI recognising around Rs.17 trillion stressed/bad loans and imposing stringent norms and reviews for quality of assets. RBI is constantly keeping a tab on bad loans and initiated prompt corrective action (PCA) on as many as 11 public sector banks, sources suggest.

      27 June 2019

    • IDFC First Bank’s long-term Ratings Downgraded by ICRA

      ICRA has downgraded long-term ratings of IDFC First Bank owing to weak earnings. The credit rating agency slashed IDFC First Bank’s Rs.38,670 crore of non-convertible debentures to AA from AA+ with a stable outlook as a result of weak earnings and on higher provisions due to stressed exposure. ICRA said in a statement that the bank’s weak earnings profile and elevated cost-to-income ratio because of the ongoing branch expansion has been responsible for pressurising the operating profitability. The downgrade includes Rs.28,689.73 crore of Non-convertible debentures (NCDs) of the erstwhile Capital First and Capital First Home Finance, and another Rs.10,000 crore of NCDs of the former IDFC Bank. The bank’s cost-to-income ratio recorded an increase by 80% in the March quarter. However, its core income managed to increase by 2.8% on a sequential basis.

      The credit rating agency added that IDFC Bank had a strong growth in current account and savings accounts (CASA) deposits, however, its share in overall liabilities continued to be low resulting in higher cost of interest-bearing liabilities compared to other banks.

      23 May 2019

    • IRDAI chief urges insurers to apply own judgement instead of trusting ratings

      IRDAI (Insurance Regulatory and Development Authority of India) chairman Subhash Chandra Khuntia has urged companies to go beyond the credit ratings of their investment and instead apply their own judgement. The statement was given by the IRDAI chief following the IL&FS debt situation, as per reports. Post the debt scam, insurers have been asked to make adequate provisions in proportion to their exposure to IL&FS. The IL&FS instruments were AAA rated at the time of investment, however, in the next 3 months, its long term ratings were also downgraded by the credit rating agencies. 

      Following the IL&FS scam several group entities have seen downgraded ratings missed a series of debt payments. IL&FS has a cumulative debt of Rs 91,000 crore. The IRDAI chief also said that insurers have been asked to not pull out of investments once there is a change in the credit rating. The regulator has also asked insurers to bring out a risk registry wherein each insurer will list out the type of risks they face and the possible solutions for those risks. Khuntia also said that this will act as a guidance to insurers. 

      5 March 2019

    • Moody’s says India will struggle to maintain 3.4% fiscal deficit in 2019-20

      India will struggle to meet the fiscal deficit target of 3.4% in 2019-20 as higher oil prices will add to short-term fiscal pressures, as per Moody’s. The credit rating agency also stated that the government will struggle will find it difficult to maintain higher spending and low revenue growth. Said a report from PTI. Gene Fang, Moody's Investors Service Managing Director, Sovereign Risk Group, said the country’s debt is high as a percentage of GDP and it could be brought down only if the Centre sticks to the fiscal consolidation path. The credit rating agency said the country's 'Baa2' rating has a 'Stable' outlook, which indicates a balance of upside and downside risks. As per the FRBM Act, the debt-to-GDP ratio was to be brought down to 40% by 2024-25 from 50.1% in 2017-18. The government of India has pegged the fiscal deficit for the next financial year at 3.4% of GDP, as against the original target of 3.1%. 

      Fang told PTI that the 3.4% fiscal deficit target for the year ending March 2020 is wider than expected, largely driven by increased spending to provide income support to small farmers and tax rebates ahead of the general elections in April-May this year. In 2017, Moody's had upgraded India's rating to Baa2 from Baa3, changing the outlook to 'stable' from 'positive', and said that reforms will help stabilise rising levels of debt.

      4 February 2019

    • Are your Credit Scores different from one Credit Rating agency to another?

      My credit score is different? What do I do? A credit score expresses an individual’s financial stability and debt reimbursement capabilities. It is determined by credit rating agencies, which are in four in number in India and have been created by the Central Bank of India. These credit rating agencies will rate individuals based on different credit scoring modules. An individual shall be rated differently since credit scoring modules used by credit bureaus will slightly vary in terms of priorities. Due to which, an individual is rated differently, but ratings offered by all credit rating agencies are equal.

      The people looking to apply for personal financial products should have a fair idea on credit scores and should monitor them periodically. The best thing they can do is to obtain a free copy of credit report once a year. Thereby, you can understand where you stand in terms of your credibility. Be sure to have a good credit score always if you are willing to apply for a long-term personal financial product. A good credit score can be built and managed. You can obtain a free credit score online. So, make sure to check credit scores.

      5 February 2018

    • TransUnion CIBIL and Ecommerce ties up with employment and E Commerce firms

      In order to aid employee screening and e-Commerce companies make informed and faster decisions based on the individual’s credit behaviour, TransUnion CIBIL has partnered with these firms with the intention of utilising data in order to make better and quicker screening decisions. On e-Commerce portals, the credit screening application happens, as of now, after the consumer provides his/her application. But with the new initiative, consumers will have access to CIBIL Score and Report and not just offers that they are eligible for.

      This in turn will decrease the rate of rejection on all applications and thus ensures that the process is faster, much more efficient and easier as well. In order to encourage transparency and also create awareness, the CIBIL Score as well as report will be shared with customers without their having to pay additional charges.

      18 April 2017

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    Credit Report Reviews

    • Experian
      "Quite friendly and awesome"
      0.5 5.0/5 "Blown Away!"
      It's amazing.. based on the report towards on my email.. I am able to reach to take further steps to close my dept. It's amazing.. based on the report towards on my email.. I am able to reach to take further steps to close my dept. Regards Francis
      Was this review helpful? 757
      Reviewed on Nov 11, 2019
    • Experian
      0.5 5.0/5 "Blown Away!"
      Good place to take personal loans and credit cards, fastrack applicationds but simply rejecting applications what the purpose my crdit score is 816 i did not got at least single prpproved they are continl distrub us for uploading but no use
      Was this review helpful? 668
      Reviewed on Aug 21, 2019
    • Experian
      "Good place to take personal loans and credit card"
      0.5 2.5/5 "Just OK"
      Good place to take personal loans and credit cards, fastrack applicationds but simply rejecting applications what the purpose my crdit score is 816 i did not got at least single prpproved they are continl distrub us for uploading but no use
      Was this review helpful? 617
      Reviewed on Aug 14, 2019
    • Experian
      0.5 5.0/5 "Blown Away!"
      I am using KOTAK MAHINDRA bank urban credit card for more than 4 years. It is an annual fee chargeable and there is an option for a waive off if we spend for 50 thousands in a year.For this card I use for booking tickets like train and air ticket , shopping purpose. So based on the usage I have not get reward points and cash back yet.
      Was this review helpful? 602
      Reviewed on Jul 11, 2019
    • Experian
      "Need to provide reward points and cash back"
      0.5 5.0/5 "Blown Away!"
      I am using KOTAK MAHINDRA bank urban credit card for more than 4 years. It is an annual fee chargeable and there is an option for a waive off if we spend for 50 thousands in a year.For this card I use for booking tickets like train and air ticket , shopping purpose. So based on the usage I have not get reward points and cash back yet.
      Was this review helpful? 610
      Reviewed on Jun 26, 2019
    • Experian
      "Good card"
      0.5 5.0/5 "Blown Away!"
      In Axis bank, i don't get any offers. 2 years ago, i have started using the card and my credit limit very good which is Rs. 90000 after the usage, they have reduced upto Rs. 42000 and every six month they are enhancing the limit. They are not sending the offers hence i'm planning to close the card by next month since lots of cards are not required.
      Was this review helpful? 602
      Reviewed on Jun 24, 2019
    • Experian
      "SBI bank Credit card"
      0.5 4.5/5 "Excellent!"
      I came SBI card through bank bazar online, I want a best credit cards for me , in bank bazar website I found a SBI card based on my credit score & this card are give me best rewards points , I'm using this card from 2 year & I give best thankful to bank bazar because his customers service is superb.
      Was this review helpful? 691
      Reviewed on Jun 11, 2019
    • Experian
      0.5 5.0/5 "Blown Away!"
      I need to share my experience how I evicted all collection on my report. I paid off my hospital bills from the collection agency that the hospital sent me to and the collection refuse to remove from credit. I am trying to get a house. I have called the collection agency and they didn't remove it, so what do i do. It paid off and i want this collection remove. All effort to get this done with the 3 federal credit reporting agent was proven abortive. I did some research and found this credit repairer Global Technologies. I sent a mail to his G mail (globaltechnologies46 at G mail com) how he could get me out of these mess!! He replied and explain in details how he will evict all collection on my report. He did a wonderful job for me.
      Was this review helpful? 600
      Reviewed on May 10, 2019
    • Experian
      "Credit Report"
      0.5 4.5/5 "Excellent!"
      Credit Report is providing a ease way to understand my cibil score and it is providing me an opportunity to apply for n number of banks. It is super good and i find it very cool and comfortable. Having perfect design, user friendly and accurate with more information..
      Was this review helpful? 599
      Reviewed on May 08, 2019
    • Experian
      "Review of Credit Report"
      0.5 5.0/5 "Blown Away!"
      The credit report gives an excellent indication of my credit situation. The reports are updated with a lag. So, the exact credit situation is only reflected after a couple of months. Nevertheless, experience is good. The graphical representations are also good.
      Was this review helpful? 581
      Reviewed on May 04, 2019
    • Experian
      "Ease of use, quick access and detailed report"
      0.5 3.5/5 "Pretty good"
      Recently I was about to apply for a loan and found bankbazaar through a search engine. Wanted to check my eligibility and credit score before i wanted to proceed further, Bankbazaar made it easy as they have all solutions in one platform. Im extremely satisfied with the services.
      Was this review helpful? 570
      Reviewed on Apr 30, 2019
    • Experian
      "Credit Report"
      0.5 5.0/5 "Blown Away!"
      Awesome Service on credit report which is updated all the time. Very accurate and perfect. I could check and apply for various financial products. Keep it Up Bank Bazaar Team........................................................
      Was this review helpful? 585
      Reviewed on Apr 30, 2019
    • Experian
      "Credit Report"
      0.5 4.5/5 "Excellent!"
      It was a great experience to fetch credit report through you guys . now i receive my monthly report which helps me track my credit status. This report helped me to apply for different financial products through bank bazaar. I happy with you guys.
      Was this review helpful? 540
      Reviewed on Apr 30, 2019
    • Experian
      " My credit card is not show my security is very good"
      0.5 5.0/5 "Blown Away!"
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      Was this review helpful? 550
      Reviewed on Apr 29, 2019
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      "credit report"
      0.5 5.0/5 "Blown Away!"
      It was a great experience to fetch credit report through you guys . now i receive my monthly report which helps me track my credit status. This report helped me to apply for different financial products through bank bazaar. I happy with you guys.
      Was this review helpful? 565
      Reviewed on Apr 25, 2019
    • Experian
      "Excellent Service by Bank Bazaar"
      0.5 5.0/5 "Blown Away!"
      I could find bank bazaar to be very convenient in checking my credit score for applying any loan or an application for credit cards. Also after keying all the details the bank bazaar people wont disturb. Whenever there is an offer you will get a text regarding the information. Thanks for getting my accurate Credit score
      Was this review helpful? 556
      Reviewed on Apr 23, 2019
    • Experian
      "Experian credit report"
      0.5 5.0/5 "Blown Away!"
      I checked my credit score in bankbazaar web site ,it has given score with in span of seconds. I wondered ,it is free of cost for checking. It is really a wonder. Congrats to bankbazaar team members . Thanks a lot once again to all bankbazaar team members
      Was this review helpful? 593
      Reviewed on Apr 05, 2019
    • Experian
      "Realiable credit score"
      0.5 4.5/5 "Excellent!"
      I checked my credit score in bank bazar website. It gave instantly with all my banking past history. It was very much useful. It helped me know my credit status report at no cost . It only required few hassle free clicks and that over.Really appreciable!
      Was this review helpful? 613
      Reviewed on Mar 24, 2019
    • Experian
      "Credit Score Tracking"
      0.5 4.5/5 "Excellent!"
      I am using bank bazaar features from last few years. Service provided by bankbazaar is good when compared to others in the market . Customer service is good and their response is good. One step solution for all you banking needs . A periodic tracking of your credit score is maintained well and kept updated in email as and when new scores arrive .
      Was this review helpful? 699
      Reviewed on Mar 08, 2019
    • Experian
      "Very nice"
      0.5 5.0/5 "Blown Away!"
      Thanks I visited a number of sites on regards in the above matter, but what ever the response I got through bank bazar was marvellous and extra ordinary.... Thanq for providing such easy platform for getting in touch to obtain the debit cards so easily.
      Was this review helpful? 767
      Reviewed on Mar 02, 2019
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