What is the CIBIL Score? It is an 3-digit numeric summary of your credit history, derives by using details found in the Accounts & Enquiries section of your CIBIL report, including your loan accounts or credit cards & their payment status, as well as outstanding amounts day past due. Its range from 300 to 900 the closer your score is near 900, the better your credit rating is. What is Good CIBIL Score? The range of CIBIL Score is 300 to 900. A good CIBIL Score lies between 720- 900. The good score yields multiple benefits like quick approval of loan, lower interest rates & a higher loan amount. How the CIBIL Score is calculated? There are four key factors that impacts your CIBIL Score 1. Payment history Making late payments or defaulting on your EMI's has a negative impact on your score. 2. Credit Mix Having a balance mix between secured loan and unsecured loans is likely to have a positive impact. 3. Multiple enquires Too many loan enquires may have a negative impact ...