What is a CIBIL™ score?

CIBIL™ is one of the four authorized credit bureaus or Credit Information Companies (CICs) in India, the others being Equifax, CRIF High Mark and Experian which provide a credit score through their Credit Information Report (CIR).

Credit score is a tool for lenders to check the borrower’s credit worthiness and capacity to repay loans. If you have a good credit score and history lenders will typically approve your loan and credit card applications. The credit score is calculated by each bureau based on the information provided to them by lenders.

Your credit score is a 3-digit number and ranges between 300 and 900. If you have a credit score more than 750, it means that you have a good credit score. In this case, there will be many lenders who will be willing to lend to you.

As per TransUnion CIBIL, the Indian CreditVision® Risk Score has been categorized as under:

Category	Range
Subprime	300-680
Near prime	681-700
Prime	731-770
Prime plus	771-790
Super prime	791-900