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Want To Calculate Your Credit Score?

January 31, 2023 09:15 IST

Illustration: Uttam Ghosh/

Sujata Ahlawat, Senior Vice President and Head of Direct-to-Consumer Interactive, TransUnion CIBIL, offers a quick glimpse into what a CIBIL Score is, the factors that impact it, and tips for maintaining a healthy score.


Your CIBIL Score is an important factor that lenders look at when evaluating your loan application. Having a healthy CIBIL Score helps you get preferential interest rates from lenders and enables faster access to credit. Hence, it is important for you to maintain a healthy credit profile.

But have you ever wondered how your CIBIL score is calculated?

What is CIBIL score?

Your CIBIL score is a three-digit numeric summary of your credit history, derived by using details found in the 'Accounts' and 'Enquiries' sections of your CIBIL report, including -- but not restricted to -- your loan accounts or credit cards, and their payment status, as well as outstanding amounts days past due.

The score reflects your credit worthiness, based on your borrowing and repayment history, as shared by lenders. Your CIBIL score ranges from 300 to 900 and the higher your score, better are your chances of getting a loan approved.

How is CIBIL score calculated?

There are four key factors that impact your CIBIL score:

How can you work towards a high CIBIL score?

Your CIBIL score is based on your credit history and past payments, but it subsequently impacts your future access to credit. What you do today can help you build a stronger and healthier credit footprint. Here are a few quick tips to help you improve your score:

As you look to achieve your planned financial goals, and if there is a case of an emergency, you may need access to credit. Make sure you monitor your CIBIL score and report regularly to ensure you are always credit-ready. Start working towards improving your score today.