How is credit score calculated in India?

In India, credit scores are calculated by RBI-licensed credit bureaus like TransUnion CIBIL, Experian, Equifax, and CRIF High Mark. The calculation is based on your credit history and repayment behavior. Key factors influencing the score include payment history (35%), which tracks timely EMI and credit card bill payments; credit utilization ratio (30%), reflecting the percentage of available credit used; length of credit history (15%); credit mix (10%); and recent credit inquiries (10%). Scores typically range from 300 to 900, with a higher score indicating better creditworthiness.