How to Improve Your CIBIL Score — 10 Proven Strategies
A CIBIL score of 750+ gets you the best loan rates. Here is how to improve yours step by step.
10 Strategies
1. Pay EMIs on time — even one late payment drops your score by 50-100 points.
2. Keep credit utilization below 30% — if your credit card limit is ₹1 lakh, never use more than ₹30,000.
3. Don not apply for multiple loans — each application creates a hard inquiry that reduces your score.
4. Keep old credit cards active — longer credit history improves score.
5. Mix of secured and unsecured credit — having both home loan and credit card shows responsible borrowing.
6. Check your report for errors — dispute incorrect entries with CIBIL.
7. Do not close old accounts — they contribute to average credit age.
8. Become an authorized user — on a family member's card with good history.
9. Pay credit card bills in full — minimum payment is not enough.
10. Set up auto-pay — never miss a payment date.
Read our detailed guide: Complete CIBIL Score Guide