600 Credit Score: What It Means Across Credit Bureaus

600 Credit Score: What It Means Across Credit Bureaus

A 600 credit score can mean slightly different things depending on which bureau produced it, since each of India's 4 credit bureaus uses its own model. The Bajaj Finance Personal Loan criterion refers to your CIBIL score.
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In summary

Before acting on a 600 credit score, check which bureau the number came from. TransUnion CIBIL, Experian, Equifax and CRIF High Mark each score your record with their own method, so the same history can produce different numbers. A Bajaj Finance Personal Loan looks for a CIBIL score of 650 or more.


  • Each bureau has its own model.
  • Your numbers can differ by bureau.
  • The CIBIL score is the one tied to the Bajaj Finance criterion.
  • Dev's CIBIL score was 600 while another bureau showed 640.

Knowing which number matters stops you chasing the wrong one. Get your CIBIL report, then work on the record behind it.

Why can your credit score differ by bureau?

Your score can differ because each bureau weighs your record with its own model, and lenders may report to them on slightly different dates. A 600 credit score from one bureau is not a direct translation of another's number.


The underlying record, your loans, cards and payments, is broadly the same. Fixing that record lifts every score.

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Which credit bureaus operate in India?

India has 4 credit bureaus, each producing its own score from lender data:


Credit bureauScore name
TransUnion CIBILCIBIL score
ExperianExperian credit score
EquifaxEquifax credit score
CRIF High MarkCRIF credit score

Last updated: 21st October, 2026


If a lender quotes a criterion, ask which bureau's score it means. For a 600 credit score on a non-CIBIL report, also pull your CIBIL report before planning.

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What does a 600 score signal on any scale?

On any bureau's scale, a 600 credit score signals some strain in your record, such as late payments, high card use or recent applications. The report itself names the accounts behind it.


Worked example: Dev in Mathura

Dev is 30 and works as a salaried pharmacy chain supervisor in Mathura, earning Rs. 51,000 a month. A free report from one bureau showed 640, but his CIBIL report showed a 600 credit score level of 600, after 2 late card payments. He paid on time for 9 months and his CIBIL score reached 658. He then borrowed Rs. 1.05 lakh for a used scooter and insurance at an illustrative 19.5% per annum, checking the equated monthly instalment (EMI) at 24 and 36 months.


EMI = P × R × (1 + R)^N ÷ [(1 + R)^N − 1]. Here P = Rs. 1,05,000, R = 19.5 ÷ 1,200 and N = months.


TenureMonthly EMI (Rs.)Total interest (Rs.)EMI as share of salary (%)
24 months (2 years)5,31822,64310.4
36 months (3 years)3,87534,5177.6

Last updated: 21st October, 2026


At 36 months, each payment is Rs. 1,443 smaller, yet Rs. 11,874 more goes on interest. His processing fee is capped at Rs. 4,336. Dev settled on 24 months to finish sooner.

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Which score does the Bajaj Finance criterion use?

A 600 credit score on the CIBIL scale does not meet the bar shown here. Once your CIBIL score rises, a Bajaj Finance Personal Loan requires:


CriterionRequirement
NationalityIndian
Age21 years to 80 years.
Employed withPublic, private, or multinational companies (MNCs).
CIBIL Score650 or higher.
Customer profileSelf-employed or Salaried

*You should be 80 years or younger, at the end of the loan tenure.

Last updated: 21st October, 2026


Meeting these criteria does not guarantee approval, which depends on eligibility, verification and credit assessment. No collateral or guarantor is required.


You may need the following documents, subject to your profile and application:


Document categoryAccepted options
KYC proofAadhaar/ passport/ voter’s ID/ driving license/ Letter of National Population Register/ NREGA job card
Identity proofPAN card, Real-time image / photograph
Employment proofEmployee ID card, Letter of Allotment of Accommodation Issued by Employer
Income proofSalary slips — last 3 months, Bank account statements — last 3 months
OthersPension order, Utility bill, Phone bill, Piped gas bill, Property / Municipal tax receipt

Not every applicant needs every document. Confirm the final list of required personal loan documents during your application.

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What should you do if your scores disagree?

If your scores disagree, work from the record, not the number. The table shows what to do with a 600 credit score on one report and a different figure on another.


SituationWhat to do
CIBIL lower than another bureauPlan around the CIBIL figure for a Bajaj Finance application
An account appears on one report onlyAsk the lender which bureaus it reports to
An entry looks wrong on one reportDispute it with that bureau

Last updated: 21st October, 2026


Each bureau corrects only its own report. Raise a dispute with every bureau that shows the error, so a 600 credit score reflects your real record.

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Key offerings: 3 loan types

  • Flexi Hybrid Loan
  • Flexi Dropline Loan
  • Term Loan

  • Withdraw and prepay – no extra charges
    You can withdraw from your limit and prepay as many times as you want, without extra charges.

  • Instalment pattern
    You can pay interest-only EMIs for up to 36 months, after which, the EMI will consist of both, the principal and the interest. EMI is applicable only on the withdrawn amount.

  • Flexi facility charges
    Flexi facility charges applicable based on your loan amount.

  • Withdraw and prepay – no extra charges
    You can withdraw from your limit and prepay as many times as you want, without extra charges.

  • Instalment pattern
    Fixed EMIs that cover both the principal and interest on the loan amount you withdraw.

  • Flexi facility charges
    Flexi facility charges applicable based on your loan amount.

  • Amount disbursed in one go
    The entire loan amount is disbursed at the start.

  • Instalment pattern
    Fixed EMIs that cover both the principal and interest.

  • Flexi facility charges
    No Flexi facility charges.

Personal loan interest rate and applicable charges

Type of fee

Applicable charges

Rate of interest per annum

10% to 30.5% p.a.

Processing fees

Up to 4.13% of the loan amount (inclusive of applicable taxes).

Flexi Facility Charge

Term Loan – Not applicable

Flexi Loans –Up To Rs 1,999 To Up To Rs 18,999/- (Inclusive Of Applicable Taxes)

Will be deducted upfront from loan amount.

Bounce charges

Rs. 700 to Rs. 1,200/- per bounce

“Bounce charges” shall mean charges for (i) dishonor of any payment instrument; or (ii) non-payment of instalment (s) on their respective due dates due to dishonor of payment mandate or non-registration of the payment mandate or any other reason.

Part-prepayment charges

Full Pre-payment:

  • Term Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount as on the date of full pre-payment

  • Flexi Term (Dropline) Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount, as on the date of full prepayment.

  • Flexi Hybrid Term Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount, as on the date of full prepayment.

Part Pre-payment

  • Up to 4.72% (Inclusive of applicable taxes) of the principal amount of Loan prepaid on the date of such part Pre-Payment.

  • Not Applicable for Flexi Term (Dropline) Loan and Flexi Hybrid Term Loan.

Penal charge

Delay in payment of instalment(s) shall attract Penal Charge at the rate of up to 36% per annum per instalment from the respective due date until the date of receipt of the full instalment(s) amount.

Stamp duty (as per respective state)

Payable as per state laws and deducted upfront from loan amount.

Annual maintenance charges

Term Loan: Not applicable

Flexi Term (Dropline) Loan:

Up to 0.295% (Inclusive of applicable taxes) of the Dropline limit (as per the repayment schedule) on the date of levy of such charges.


Flexi Hybrid Term Loan:

Up to 0.472% (Inclusive Of Applicable Taxes) Of The Dropline Limit During Initial Tenure. Up to 0.295% (Inclusive Of Applicable Taxes) Of Dropline Limit During Subsequent Tenure

Credit guarantee scheme feeUp to 1.18% p.a. (pro-rated daily till 31st March) (inclusive of all applicable taxes) of the loan amount
Credit guarantee scheme renewal feeUp to 1.18% p.a. (inclusive of all applicable taxes) on the outstanding loan amount as on April 01 of the subsequent Financial Year.
*Renewal Fee to be collected only for 3 subsequent financial years.
 
**If the Remaining Tenure is less than 12 months, the CG Fee in subsequent years shall be charged prorated.

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Frequently asked questions

Bureaus and scores

Improving

Is a 600 credit score the same at every bureau?

No. Each bureau uses its own model, so the same record can produce different numbers. A 600 credit score at one bureau may sit at a different level elsewhere. For a Bajaj Finance Personal Loan, the CIBIL score is the one that matters, so check your CIBIL report before you plan your next step.

Free reports may come from a different bureau, which uses its own model and can receive lender updates on other dates. Dev saw 640 on one report and a 600 credit score on CIBIL. Look at which bureau issued the report before you rely on the number, especially when a lender's criterion names one.

Yes, in general terms, since all 4 bureaus build scores from the same lender data. Paying on time, lowering card balances and pausing applications improve the record each bureau sees. The size of the change can differ by bureau, but the direction should match as you move up from a 600 credit score.

Use that bureau's own dispute process, such as an online form, and attach proof such as a payment receipt. Each bureau corrects only its own report, so raise the same dispute with any other bureau that shows the error. Follow up until the corrected entry appears on each report, so a wrong entry does not hold you at a 600 credit score.

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Bajaj Finance Limited has the sole and absolute discretion, without assigning any reason to accept or reject any application. Terms and conditions apply*.
For customer support, call Personal Loan IVR: 7757 000 000