How to Increase CIBIL Score up to 750 - Smart Tips
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16 JANUARY, 2024

A CIBIL score is more than just a number; it's a gateway to your financial dreams. Whether applying for a Personal Loan, a credit card, or home purchase financing, a good CIBIL score can open many doors. Let's explore some practical strategies to boost your CIBIL score.

Understanding the Importance of a Good CIBIL Score

Your CIBIL score is a reflection of your credit health. A high score indicates you're a responsible borrower, which increases your attractiveness to lenders. But how to increase the CIBIL score?

Key Strategies to Enhance Your CIBIL Score

  1. Timely Repayments: Late payments negatively impact your score. Ensuring timely repayment of your EMIs and credit card bills is crucial and is often the response to how to improve CIBIL score immediately.
    • Automate Payments: Set up automatic transfers to avoid missing due dates.
    • Prioritise High-Interest Debts: Pay off high-interest loans first to reduce the overall debt burden.
  2. Credit Utilisation Ratio: High credit usage can lower your score. So, using less than 30% of your available credit limit is advisable.
    • Monitor Your Credit Usage: Regularly check your credit balance and adjust spending.
    • Request for Higher Credit Limits: This can help lower your credit utilisation ratio if you maintain the same spending level and can be the answer to "How can I improve my CIBIL score?".
  3. Diverse Credit Portfolio: A mix of secured (like home loans) and unsecured loans (like credit cards) can positively affect your score.
    • Consider Different Types of Credit: Responsibly managing different types of credit demonstrates your ability to handle various credit products.
  4. Length of Credit History: A longer credit history provides more data for a reliable score assessment. Older credit accounts contribute to a longer credit history.
  5. Consolidate Your Debts: Debt consolidation can be a smart move if you're juggling multiple loans or high-interest debts. It involves combining all your existing debts into a single loan, ideally with a lower interest rate. This strategy can simplify your finances, reduce your overall interest burden, and help you make timely repayments, positively affecting your CIBIL score.
  6. Limit Loan and Credit Card Applications: Every time you apply for a loan or a credit card, the lender conducts a "hard inquiry" on your credit report, which can slightly lower your score. Submitting multiple applications within a short period can accumulate these small deductions, significantly impacting your score. So, if you want to know the answer to how to improve my CIBIL score, it’s best to space out your applications and apply only when necessary.

Special Tips for Specific CIBIL Score Ranges

  • How to Increase CIBIL Score: Regularly monitor your credit report for errors and discrepancies. Dispute any inaccuracies immediately.
  • How to Increase CIBIL Score from 600 to 750: Focus on reducing outstanding debts and avoid applying for new credit unless necessary.
  • How to Increase Your CIBIL Score for Good: Limit the number of credit inquiries. Each credit application can cause a slight dip in your score.

Building a Robust Credit Profile

Here are some of the most popular personalised queries:

  • How Can I Improve My CIBIL Score: Regularly review your credit report. This will help you track progress and identify areas for improvement.
  • How Can I Increase My CIBIL Score: Maintain a healthy balance between your credit cards and loans. Overdependence on either can be detrimental to your score.

The Role of Financial Tools

  • Personal Loan EMI Calculator: Use this tool to plan your loan repayments efficiently. Consistent repayment improves credit scores and can answer a common question like, "How can I increase my CIBIL score?"
  • Personal Loan Eligibility: Regularly check your eligibility for personal loans. A good CIBIL score often means better loan offers.


Improving your CIBIL score is a journey, not a sprint. It requires consistent financial discipline and smart credit management. By following these tips, you can enhance your score, thereby improving your chances of getting approved for loans and credit cards.


  1. How long does it take to improve a CIBIL score?
  2. Improving a CIBIL score is a gradual process that can take several months, depending on your specific financial situation.

  3. Can closing old credit cards improve my CIBIL score?
  4. No, closing old credit cards can actually shorten your credit history and negatively impact your score.

  5. Does having multiple credit cards affect my CIBIL score?
  6. Having multiple cards can help if managed wisely, but excessive credit cards can hurt your score.

  7. Is it possible to improve my CIBIL score if I have defaulted in the past?
  8. Yes, by clearing outstanding dues and maintaining good credit habits, you can gradually improve your score.

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Disclaimer: This Article is for information purposes only. The views expressed in this Article do not necessarily constitute the views of Kotak Mahindra Bank Ltd. (“Bank”) or its employees. The Bank makes no warranty of any kind with respect to the completeness or accuracy of the material and articles contained in this Article. The information contained in this Article is sourced from empaneled external experts for the benefit of the customers and it does not constitute legal advice from the Bank. The Bank, its directors, employees and the contributors shall not be responsible or liable for any damage or loss resulting from or arising due to reliance on or use of any information contained herein. Tax laws are subject to amendment from time to time. The above information is for general understanding and reference. This is not legal advice or tax advice, and users are advised to consult their tax advisors before making any decision or taking any action.