How does a credit score increase?

A credit score increases through consistent and responsible financial behavior. Key actions to improve your score include:

• Paying all loan EMIs and credit card bills in full and on time.
• Maintaining a low credit utilization ratio, ideally below 30% of your total limit.
• Avoiding multiple credit applications within a short period to limit hard inquiries.
• Keeping old credit accounts active to demonstrate a long-standing credit history.
• Ensuring a healthy mix of secured and unsecured loans.

Regularly monitoring your credit report and rectifying inaccuracies also helps maintain a higher score.