Credit Score (CIBIL)
A three-digit number, typically from 300 to 900, that summarises how reliably you have repaid borrowed money.
Lenders check your credit score to judge how risky it is to lend to you. In India the best-known is the CIBIL score; a higher score can mean easier approvals and lower interest rates.
The biggest factors are paying bills on time and keeping your credit utilisation low. The score moves slowly and rewards consistent, responsible borrowing.
Key points
- Runs from 300 to 900 — higher is better.
- Payment history and credit utilisation matter most.
- Checking your own score does not lower it.