Cibil Score 2025 : Friends, in today’s era of inflation, every person needs a loan, but when you go to take a loan, the biggest problem is the civil score, you will get a loan only if your civil score is good, otherwise you will not get the loan, in this situation, the person taking the loan gets into a lot of tension.
So now you people do not need to take tension at all, with the help of this article, we are going to tell you how to improve the civil score, 5 important tips to improve the CIBIL score will be provided through this article, so for complete information related to Cibil Score 2025, stay on the post till the end.
What is the importance of civil score?
Friends, the importance of civil score is very high, every person who gives loan checks the civil score of the person taking loan and only then gives loan, like if you are taking loan from any bank, then the bank employees will check your civil score and if the civil score is found to be good, only then will you be given loan, we want to tell you people clearly that the civil score tells whether you have paid the EMI and loan installments on time or not.
Also, some new rules have been implemented by the Reserve Bank of India which can easily improve your credit score. Read further to know more.
How much is the right use of credit card?
Friends, if you use a credit card, then it is seen how much of the limit has been used. You will be surprised to know that 30% of the credit exposure is included in the civil score, that is, if your credit limit is used too much, then the civil score will go down. So, you should use the credit limit only between 30% – 40%.
impact of credit history
Let me tell you that the credit history has a 15% share in the calculation of civil score, so now I would like to clearly inform you that if you have taken a loan then it is necessary to repay the loan on time only then your civil score will remain good, otherwise if you have taken a loan and do not repay it on time then your civil score will be spoiled.
Importance of loan type
Below we are going to give you two types of loans and tell you which loan out of the two types will be right for you.
- Secured Loan: This loan has a good impact on your CIBIL score as it is completely secured, so if you want to improve your CIBIL score then why not just get a secured loan.
- Unsecured: The impact of this type of loan on your CIBIL score is minimal but if you start taking more of this type of loan then the impact on your CIBIL score will be negative and your CIBIL score will deteriorate.
Some important tips to improve CIBIL score
If you follow the following tips then you will be able to improve your Civil score.
- If you are taking a loan, then that loan has to be repaid on time.
- You should only use around 30 to 40% of your credit limit.
- If you have taken an old loan then you will have to repay it properly.
- Avoid taking more loans.