how to build cibil score

To build a strong CIBIL score, focus on consistent and disciplined credit management.

• Always pay your loan EMIs and credit card bills completely and on time, as payment history is the most critical factor.
• Keep your credit utilisation ratio low, ideally below 30% of your total credit limit.
• Avoid applying for multiple loans or credit cards simultaneously, as frequent hard inquiries can lower your score.
• Maintain a healthy mix of secured and unsecured credit accounts.
• Regularly review your credit report for errors and get them rectified promptly.