Loan Types
Calculator
FAQs
Video
Rs. 40,000 - Rs. 55 lakh
You may be eligible for a pre-approved offer
Enter mobile number and OTP | Check free credit score
In summary
With a CIBIL Score of 749, your credit profile is already close to the excellent range. You may qualify for personal loans and other credit products, but some lenders could reserve their most competitive offers for applicants with a score of 750 or higher.
To strengthen your 749 CIBIL Score:
- Protect every upcoming EMI and credit card payment from delay
- Lower card balances if they occupy a significant part of the available limit
- Allow sufficient time between separate credit applications
- Review your credit report for errors that may be holding the score back
You do not need to make major changes merely to gain one point. Maintaining accurate reporting and steady repayment behaviour may help your score move beyond the 750 threshold naturally.
How strong is a 749 CIBIL Score?
A 749 CIBIL Score is good and represents the highest point within its current band. It suggests that you have generally managed loans and credit cards responsibly, although lenders may still examine recent account activity before extending their preferred terms.
This score may provide:
- Reasonable approval potential: Your personal loan application may be considered favourably when other criteria are met.
- Access to mainstream products: Several loans and credit cards may remain available.
- Competitive offer possibilities: A low debt burden and stable income could support suitable pricing.
- Room for stronger eligibility: Moving into the excellent range may broaden your future options.
- A useful comparison position: You may be able to evaluate offers from more than one lender.
A difference of one point should not determine whether a loan is affordable. Check your personal loan eligibility using your mobile number and OTP to understand what may be available for your present profile.
What else do lenders assess beyond your CIBIL Score?
A score of 749 gives lenders useful information about past credit management, but it does not show your complete financial situation. Approval depends on whether your present income can support the proposed EMI alongside existing commitments.
A lender may assess:
- Monthly income after deductions: This shows how much capacity remains for a fresh repayment.
- Current EMIs and card dues: Heavy commitments can reduce the amount you are eligible to borrow.
- Employment or business continuity: Stable earnings may strengthen confidence in long-term repayment.
- Recent payment conduct: A newly reported delay can affect the application despite the overall score.
- Outstanding credit card balances: High balances may suggest dependence on short-term borrowing.
- Recent loan enquiries: Several applications can indicate a sudden rise in credit requirements.
- Requested loan amount: The requirement must remain proportionate to your income and financial obligations.
Keeping your present debt under control can help lenders view your wider profile as favourably as your score.
How a 749 CIBIL Score affects your personal loan
A 749 CIBIL Score may support your personal loan application, but the resulting offer can vary between lenders. Since the score is just below the excellent range, your income and existing repayment burden may have a particularly important role in the final assessment.
It may influence:
- Personal loan interest rates: You may receive competitive personal loan interest rates, although stronger profiles could be offered more favourable rates.
- Eligible loan amount: Higher disposable income and fewer active EMIs may support a larger sanction.
- Application scrutiny: The lender may examine recent payments to understand why the score remains below 750.
- Available tenure: Repayment periods may be offered according to the EMI your budget can sustain.
- Pre-approved offers: Availability will depend on the lender’s internal assessment and your existing relationship.
Use your near-excellent score to compare practical offers rather than applying repeatedly. Check your personal loan eligibility and choose an amount that addresses your requirement without restricting routine expenses.
How a 749 CIBIL Score may influence interest rates
A CIBIL Score of 749 may help you access better pricing than applicants in the lower sections of the good range. However, being one point below 750 does not automatically mean that every lender will charge a higher rate.
Lenders assess the complete profile. An applicant with limited debt, stable income and low card balances may receive a more competitive offer than another applicant with the same score but several active repayments.
Compare the annual interest rate, processing fee, tenure and total repayment amount together. The most suitable offer is the one that keeps both the monthly EMI and overall borrowing cost manageable.
Understanding the key CIBIL Score ranges
CIBIL Scores extend from 300 to 900. These bands help lenders form an initial view of repayment behaviour before they carry out a detailed financial assessment.
| CIBIL Score range | Rating | What it means |
| 300-549 | Poor | Significant repayment concerns may be present, making unsecured credit difficult to access. |
| 550-649 | Fair | Some credit options may be available, generally with closer checks or less favourable terms. |
| 650-749 | Good | Borrowers may qualify for regular credit products, though the strongest offers may remain limited. |
| 750-900 | Excellent | This range generally reflects dependable credit conduct and may support competitive borrowing options. |
A 749 CIBIL Score is the final point within the good range. Maintaining clean repayment activity may help it cross into the excellent category, but score movement depends on the complete information reported by lenders.
How to move beyond and maintain a 749 CIBIL Score
Since your score is already close to 750, first identify whether a particular issue is preventing further movement. A recent enquiry, high balance or incorrectly reported payment may have more influence than the age of your credit accounts.
You can work on your profile by:
- Paying upcoming dues several days before their deadlines
- Clearing revolving card balances instead of carrying them forward
- Keeping utilisation below 30% wherever possible
- Avoiding new applications while recent enquiries remain on the report
- Confirming that repaid loans show a zero outstanding balance
- Correcting inaccurate repayment statuses through the appropriate dispute process
- Keeping older accounts when they remain affordable and useful
- Monitoring jointly held or guaranteed loans for missed payments
- Reviewing your monthly repayment burden before taking on new debt
Moving from 749 to 750 may take time because scores are updated according to reported account activity. Continue making sound financial decisions rather than applying for unnecessary credit to force a quick change.
Key offerings: 3 loan types
Personal loan interest rate and applicable charges
Type of fee | Applicable charges |
Rate of interest per annum | 10% to 30.5% 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) |
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