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In summary
A 679 CIBIL score is considered good by many lenders. It can improve loan approval chances and help borrowers access competitive lending terms.
To maintain or improve the score:
- Pay all EMIs and credit card bills on time
- Keep credit utilisation below 30%–40%
- Avoid multiple loan applications together
- Maintain a balanced credit profile
How good is a 679 CIBIL Score?
A 679 score reflects stable financial behaviour and moderate creditworthiness. It signals that the borrower has managed credit responsibly for a reasonable period.
At this score:
- Loan approval chances are generally good
- Interest rates may be more competitive
- Higher loan amounts may be available
- Processing and approval may become faster
Although this is a strong score, improving it above 750 can provide access to the best loan terms available in the market.
What else do lenders check beyond your CIBIL Score?
Lenders evaluate several factors beyond the CIBIL score to understand a borrower’s repayment ability and financial stability.
- Income and job stability are checked to ensure consistent earnings for EMI payments
- Existing loans and EMIs are reviewed to assess total debt burden
- Repayment history shows past discipline in managing credit obligations
- Credit utilisation ratio indicates how much credit is being used compared to the limit
- Recent credit enquiries reflect how frequently new credit is being applied for
- Length of credit history helps lenders understand long-term financial behaviour and stability
How a 679 CIBIL Score affects your personal loan
A 679 CIBIL score is considered fair to good and can influence personal loan approval and terms. It shows moderate credit discipline, but lenders may still evaluate the full financial profile before approval.
- Loan approval is possible but depends on overall eligibility and income stability
- Interest rates may be slightly higher compared to higher credit scores
- Loan amount offered may be limited based on repayment capacity
- Additional checks on income, employment, and credit history may be required
- Improving credit behaviour can help access better loan terms over time
If this is your first time applying for a personal loan, a 679 CIBIL Score puts you in a strong position from the start. Check your eligibility now and plan your expenses with confidence.
How to improve a 679 CIBIL Score
A 679 CIBIL score is fair to good and can be improved with consistent financial discipline and responsible credit usage.
- Pay all EMIs and credit card bills on time to build a strong repayment history
- Keep credit utilisation low to maintain a healthy credit balance
- Avoid applying for multiple loans or credit cards in a short period
- Reduce outstanding debt to improve overall credit health
- Regularly check credit reports and correct any errors if found
- Maintain stable income and consistent credit behaviour over time
A 679 CIBIL score places borrowers in a favourable position for loan approvals and financial products. Responsible credit usage and timely repayments can further improve the score over time. A stronger score can help borrowers secure lower interest rates, faster approvals, and more flexible repayment options 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. |
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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