CIBIL Score
pronounced: [C-I-B-I-L- -S-c-o-r-e]
A CIBIL Score is a three-digit numeric summary of your credit history, ranging from 300 to 900, generated by TransUnion CIBIL, India's oldest credit bureau.
It is calculated using your repayment track record, credit utilization, length of credit history, and types of credit. A score of 750 and above is considered ideal and improves your chances of loan and credit card approvals at favourable interest rates. Most lenders consider 700 as the minimum acceptable threshold.
Example
Ravi applies for a home loan. His CIBIL score is 720 — considered "fair". With a score above 750, he would get a loan at 8.5% p.a. Instead, the bank offers 9% p.a. A 20-year ₹50 lakh loan at 9% costs ₹44,986/month vs ₹40,680/month at 8.5% — ₹4,306 more every month.
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Last updated: 2 June 2026