5 tips to improve your CIBIL Score
                     5 tips to 
improve your 
CIBIL Score
Repayment of 
credits on time
Missing your credit dues can have 
a significant impact on your CIBIL 
score. These dues can land you in 
trouble during a home loan 
application as each default on 
your payment is reflected in the 
CIBIL report, which portrays you as 
an irresponsible and risky 
borrower to the bank.
Curb your credit 
utilisation
It is advised to constantly maintain 
a low credit utilisation ratio as it 
shows that the borrower is 
handling his credit obligations 
responsibly. However, if the credit 
utilisation is on the higher side, it 
indicates that the expenses are 
more than the income generated 
which indirectly affects your CIBIL 
score. 
Track your credit 
reports
At times, there could be errors in 
your CIBIL score. However, it is 
your responsibility to check and 
get it rectified by the institution as 
soon as possible. Many institutions 
provide a free, one-time CIBIL 
check on their website, which can 
help you keep track of your CIBIL 
score. 
Frequency of 
loan application 
matters
Yes, you read it right! The 
frequency of loan applications 
matters as each of your 
application processes requires a 
CIBIL report, and each inquiry from 
the bank on your credit report is 
recorded by CIBIL, which may 
cause the score to come down. 
Keep a healthy 
credit mix
Keeping a healthy credit mix is to 
create a credit history of 
borrowing both types of loans, i.e., 
secured loans and unsecured 
loans. Secured loans include home 
loans, car loans, mortgage loans, 
etc., while unsecured loans include 
personal loans, student loans, 
credit cards, etc.