Reviewed by the CreditCares advisory desk · 13 years in business finance · Last updated 10 July 2026
Understand what lenders see — before they see it.
Your CIBIL score decides which lenders will look at your file and at what rate. Clean it up before applying — not after a rejection.
What your score means to a credit officer
Below 650
High risk
Tier-1 banks pass on the file. Select asset-backed NBFCs may step in with tighter LTV caps.
650–700
Workable
Routed to specialised NBFCs, typically at a 0.5–1.0% risk premium over bank pricing.
700–750
Bank-eligible
Meets the minimum most commercial banks mandate — standard pricing applies.
750+
Prime
Unlocks prime pricing and the widest lender choice across the panel.
How to improve before applying
- Clear every overdue EMI and credit-card minimum — even small mobile-EMI defaults drag scores under 650
- Keep credit-card utilisation under 30% of limit for 3+ months
- Retire high-interest unsecured loans first — it also frees up FOIR headroom
- Don't apply to multiple lenders at once; each hard enquiry lowers the score
- Dispute reporting errors with the bureau — old closed loans often show active
Get a professional read on your file
Our advisory desk performs soft profile checks that don't leave hard-enquiry marks on your report — and tells you exactly which lenders will say yes at your current score.