FAQs
Video
Rs. 40,000 - Rs. 55 lakh
You may be eligible for a pre-approved loan offer
Enter mobile number and OTP | Check free credit score
In summary
A 625 CIBIL Score is considered fair and may affect personal loan approval, interest rates, and borrowing terms. While loan approval is possible, lenders also assess your overall financial profile before making a lending decision.
To improve your 625 CIBIL Score:
- Pay all EMIs and credit card bills on time.
- Keep your credit utilisation low.
- Avoid applying for multiple loans or credit cards within a short period.
- Reduce outstanding debt wherever possible.
Review your credit report regularly and correct any errors.
Responsible credit behaviour can gradually improve your CIBIL Score, helping you qualify for better interest rates, higher loan amounts, and more favourable repayment options over time.
How good is a 625 CIBIL Score?
A 625 CIBIL Score indicates fair credit behaviour but is below the range where borrowers generally receive the most competitive lending offers. Lenders may consider this score acceptable while evaluating your application alongside other financial factors.
At this CIBIL Score:
- Loan approval depends on income, employment stability, and repayment capacity.
- Interest rates may be higher than those offered to borrowers with stronger credit profiles.
- Loan amounts are determined based on your overall eligibility.
Additional verification may be required before loan approval.
Improving your CIBIL Score can strengthen your credit profile and improve your borrowing options. Check your personal loan eligibility in just 2 steps to explore the personal loan offers available to you.
What do lenders evaluate besides the CIBIL Score?
While a 625 CIBIL Score plays an important role in loan approval, lenders do not rely on it alone. They review your overall financial profile to understand your repayment ability and assess the level of lending risk.
Here's what lenders evaluate:
- Repayment history: Paying EMIs and credit card bills on time demonstrates responsible credit behaviour and builds lender confidence.
- Credit utilisation ratio: Using only a small portion of your available credit limit reflects disciplined financial management.
- Existing loan obligations: Your active loans and monthly EMIs help lenders assess whether you can comfortably take on additional debt.
- Income and employment stability: A regular source of income and stable employment indicate your ability to make timely repayments.
- Recent credit enquiries: Applying for multiple loans or credit cards within a short period may signal higher credit risk.
Length of credit history: A longer history of managing credit responsibly provides lenders with greater confidence in your financial behaviour.
Even with a fair 625 CIBIL Score, maintaining strong financial habits across these factors can improve your loan approval chances and help you access better borrowing terms.
How a 625 CIBIL Score affects personal loans
A 625 CIBIL Score falls under the fair credit range and may influence your personal loan approval, interest rate, and loan amount eligibility. While you may still qualify for a personal loan, lenders will assess your income, repayment capacity, existing debts, and overall credit profile before making a decision.
With a 625 CIBIL Score:
- Loan approval: Approval is possible, but lenders may evaluate your financial profile more carefully before approving the loan.
- Interest rates: You may receive higher interest rates compared to borrowers with stronger CIBIL Scores.
- Loan eligibility: The approved loan amount depends on your income, repayment capacity, credit history, and existing financial obligations.
- Approval process: Lenders may require additional verification or documentation during the loan approval process.
Improving your 625 CIBIL Score through timely repayments, responsible credit usage, and better financial management can help you access improved loan terms in the future.
If you are applying for a personal loan for the first time, check your eligibility to understand the loan options available to you and plan your finances better.
How a 625 CIBIL Score impacts interest rates
Interest rates on personal loans are influenced by multiple factors, including your CIBIL Score, income, repayment capacity, and overall credit profile. A 625 CIBIL Score falls in the fair range, so lenders may consider the application carefully before deciding the applicable interest rate.
A borrower with a higher CIBIL Score may receive more competitive interest rates compared to someone with a fair score. This is because a stronger credit profile generally indicates lower repayment risk for lenders.
For example, two borrowers applying for the same personal loan amount may receive different interest rate offers based on their credit profiles. A borrower with a higher score may qualify for better terms, while a borrower with a 625 CIBIL Score may need to meet additional eligibility criteria or may receive a comparatively higher rate.
CIBIL Score range: What each band means
A CIBIL Score ranges from 300 to 900, with higher scores generally indicating better credit management and lower perceived risk for lenders. The table below explains the different CIBIL Score ranges and what they may mean for loan eligibility.
| CIBIL Score range | Rating | What it means |
| 300–549 | Poor | A low CIBIL Score indicates higher credit risk. Loan approval may be difficult, and lenders may require stronger eligibility factors before considering an application. |
| 550-649 | Fair | This range indicates moderate credit risk. Loans may be available, but borrowers may receive higher interest rates, lower loan amounts, or additional checks. |
| 650-749 | Good | A good CIBIL Score improves approval chances and may help borrowers access better loan terms and interest rates. |
| 750-900 | Excellent | This is the highest CIBIL Score range. Borrowers generally have stronger approval chances and may receive more competitive lending terms. |
A score of 625 falls within the 550–649 (Fair) range. Borrowers in this category may still access loans, but lenders typically consider additional factors such as income, repayment capacity, and existing financial obligations before making a decision.
How to maintain and improve your CIBIL 625 Score
A 625 CIBIL Score falls in the fair range and can be improved with consistent financial discipline and responsible credit management. Building positive credit habits, reducing existing debt, and maintaining timely repayments can gradually strengthen your credit profile and improve your chances of accessing better loan terms.
Follow these practices to improve your CIBIL Score:
- Pay EMIs and credit card bills on time: Timely payments help build a positive repayment history and reduce the impact of missed payments on your credit report.
- Reduce outstanding balances: Paying off existing debts can improve your credit profile and lower your overall financial burden.
- Maintain low credit utilisation: Using only a reasonable portion of your available credit limit can indicate responsible credit behaviour.
- Avoid frequent credit applications: Multiple loan or credit card enquiries within a short period may negatively affect your credit profile.
- Review your credit report regularly: Checking your report helps identify errors or incorrect information that may impact your CIBIL Score.
- Maintain a healthy credit mix: Managing both secured and unsecured credit responsibly can support long-term credit improvement.
Improving a 625 CIBIL Score takes time and consistent effort. By following responsible borrowing practices and maintaining a strong repayment record, you can gradually increase your score and improve your eligibility for better borrowing opportunities in the future.
Key offerings: 3 loan types
Personal loan interest rate and applicable charges
Type of fee | Applicable charges |
Rate of interest per annum | 10% to 30% p.a. |
Processing fees | Up to 3.93% 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) |
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:
Part Pre-payment
|
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.
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 fee | Up to 1.18% p.a. (pro-rated daily till 31st March) (inclusive of all applicable taxes) of the loan amount |
| Credit guarantee scheme renewal fee | Up 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. |
Not your nearest branch?
Related articles
Disclaimer
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