how to create cibil score

To create a CIBIL Score, you must establish a credit history, as the score reflects your borrowing and repayment habits. Since a new-to-credit customer has no history, they can start by using small credit facilities responsibly.

• Apply for a Secured Credit Card against a fixed deposit (FD), which is easier to obtain than a regular credit card.
• Take a small Consumer Durable Loan for purchasing household items and ensure timely EMI repayment.
• Opt for the Buy Now Pay Later (BNPL) option, as these transactions are often reported to the credit bureau.

Once a credit product is acquired, consistently making on-time payments and keeping credit utilisation low will help you build a strong CIBIL Score.