AI Deployment Intelligence
Credit scores in India are usually issued by credit bureaus like CIBIL, Experian, Equifax, and CRIF High Mark. These scores typically range from 300 to 900 and help banks assess repayment risk before approving loans or credit cards.
Your score depends on several factors, including:
EMI and bill payment history Credit card utilization ratio Number of active loans Credit age and history Recent loan or card applications
A higher credit score generally improves eligibility for loans, lower interest rates, and faster approvals.