how to increase cibil score from 400 to 750

To increase your CIBIL score from 400 to 750, you need consistent, responsible financial discipline. This process requires time and diligence.

• Prioritise paying all loan EMIs and credit card bills on or before the due date, as timely repayment is the most crucial factor.
• Maintain a low credit utilisation ratio, ideally keeping your usage below 30% of your total available credit limit.
• Avoid applying for multiple new loans or credit cards in a short time frame, as frequent inquiries can lower your score.
• Regularly check your credit report for any errors or discrepancies and raise a dispute with CIBIL for rectification.