how to maintain good cibil score

To maintain a good CIBIL score, responsible credit behaviour is essential.

• Always pay all your loan EMIs and credit card bills on or before the due date, as payment history is the most significant factor.
• Keep your credit utilisation ratio low, ideally below 30% of your total available credit limit, to signal responsible financial management.
• Avoid applying for multiple new loans or credit cards in a short duration, as frequent hard inquiries can negatively affect your score.
• Check your credit report regularly for any errors or inaccuracies, and dispute them promptly to ensure your credit profile is correct.
• Keep older credit accounts active to benefit from a longer credit history.