In India, your CIBIL score is one of the most important factors banks and NBFCs look at when deciding whether to approve your personal loan application. A good score tells lenders that you’ve managed your past credit well and are likely to repay future loans on time.
So, what exactly is considered “good” when it comes to your credit score?
✅ A Quick Look at the CIBIL Score Range:
300–549: Poor – High risk, very low chances of loan approval
550–649: Fair – Some lenders may consider, but interest rates will be high
650–749: Good – Decent chances of approval with moderate interest rates
750–900: Excellent – Higher approval rate, better loan offers, lower interest rates
👉 For personal loans, a score of 750 or above is generally considered ideal.
💡 Why Is a Good Score Important for Personal Loans?
Personal loans are unsecured loans, which means the bank isn’t taking any assets as security. Because of this, they rely heavily on your CIBIL score to assess the risk.
A strong score gives you:
Faster loan approvals
Lower interest rates
Higher loan amounts
Better repayment terms
On the other hand, a low score may lead to rejection or force you to settle for higher EMIs and strict terms.
🔧 What If My Score Is Low? Can I Still Get a Loan?
Yes, but it may be difficult — and that’s where Cibil Score Repair becomes important. At Apoorvaa – Credit Bureau Lawyer of India, we specialize in helping people:
Understand what’s hurting their credit score
Fix issues like overdue payments or incorrect entries
Build a repayment strategy to improve credit history
Track score growth and guide them toward loan readiness
Whether your score is low because of missed EMIs, overused credit cards, or even old loan settlements, it can be improved with the right steps.
📝 Final Thought
A CIBIL score of 750 or above gives you the best chance to secure a personal loan with favourable terms. But if your score is below that, don’t lose hope. With the right help and guidance, it’s absolutely possible to turn things around.
📞 Need support to improve your credit score before applying for a loan? Contact Apoorvaa – Credit Bureau Lawyer of India — India’s trusted name in Cibil Score Repair. Let’s make your credit profile loan-ready!
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