Advertisement
| Score | Rating | Loan Approval | Interest Rate |
|---|---|---|---|
| 750-900 | Excellent | Easy approval | Lowest rates |
| 700-749 | Good | Usually approved | Slightly higher |
| 650-699 | Fair | May be approved | Higher rates |
| 550-649 | Poor | Difficult | Very high rates |
| Below 550 | Very Poor | Usually rejected | N/A |
Target score: 750+ — this unlocks the best rates and instant approval for most loans.
Check free at myscore.cibil.com. Read our improvement guide.
Advertisement
All calculations use standard financial formulas. SIP returns use compound interest formula: FV = PMT × [((1+r)^n - 1) / r]. EMI uses: EMI = P × r × (1+r)^n / [(1+r)^n - 1]. Tax calculations follow Income Tax Act provisions for the current assessment year. Insurance premiums are indicative market averages.
Sources: RBI, SEBI, Income Tax Department of India, CIBIL, IRDA, LIC of India. Data verified as of Aug 2026.
Financial Planner & Licensed Insurance Advisor with expertise in life insurance, mutual funds, tax planning, and retirement strategies. Helping individuals make informed financial decisions.
Book a free consultation with our financial experts and get guidance tailored to your situation.
Book Free Consultation →Advertisement
Disclaimer: This website provides general educational information only and does not provide personalized investment advice or recommendations. Financial decisions should be made after considering individual circumstances and consulting a qualified professional where appropriate. Mutual fund investments are subject to market risks. Please read all scheme-related documents carefully before investing. Past performance does not guarantee future results.