How to maintain good CIBIL?

CIBIL maintains records of your credit card payments and loans. A high score increases your eligibility for home, personal, and vehicle loans. It's especially critical for unsecured loans (no collateral).

How to Improve Your Score:

• Financial Discipline: Make payments on or before the due date.
• Limit Utilization: Keep your credit usage below 50% of the limit.
• Control Urges: Cut down on shopaholic tendencies.

What has a Negative Impact?

• Bounced checks or late payments.
• Maxing out your credit cards.
• Multiple parallel loans.
• No credit history (NH/NA).

Conclusion

A score of 750 is perceived as a responsible borrower. Tracking these figures is easy and immenseley beneficial. Ensure your score stays in the 300 to 900 range.