Today, the needs of people have increased so much that they cannot survive in their earnings, then they turn to loans to fulfill their needs, if you are also planning to take a loan, then one of the most important factors that determines the approval and interest rate of your loan is your CIBIL score. A good CIBIL score not only helps you in getting a loan easily, let's know its complete details

Pay bills and EMIs on time

Make sure you pay all your existing loan EMIs and credit card bills before the due date. 

Use less than 30% of your credit limit

Avoid maxing out your credit card. Try to use less than 30% of your total credit limit.

Check your credit report regularly

Sometimes, a credit report may contain errors or outdated information that can negatively impact your score. Monitor your credit report regularly and get any discrepancies corrected immediately.

Avoid multiple loan applications

Applying for too many loans or credit cards at the same time can make you seem credit-hungry, which can lower your score.