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
A CIBIL Score of 774 suggests that you have built a dependable repayment history and generally used credit with care. This may give you access to a broader range of personal loan options, although the rate, eligible amount and tenure can differ across lenders.
To retain your 774 CIBIL Score:
- Complete all loan and card payments within the specified billing period
- Keep outstanding card balances modest compared with available limits
- Avoid taking on credit that does not serve a practical requirement
- Inspect your credit report periodically for inaccurate information
Your score gives you a strong base from which to compare personal loan offers. Look at the full repayment commitment rather than choosing an offer only because it provides a higher amount.
How favourable is a 774 CIBIL Score?
A 774 CIBIL Score is excellent and indicates that your credit profile has developed beyond the minimum excellent-range threshold. It may help create a positive impression when lenders review your application.
This score may support:
- Wider borrowing access: More lenders may be open to considering your personal loan request.
- Competitive rate potential: Your repayment record may support favourable pricing under the lender’s policy.
- Improved loan eligibility: Stable earnings and limited debt could help you qualify for a suitable amount.
- Multiple tenure choices: You may be able to compare repayment periods based on your monthly budget.
- Access to selected credit products: Certain premium loan or card options may be available when other criteria are met.
A strong CIBIL Score improves your starting position but does not make every offer suitable. Check your personal loan eligibility using your mobile number and OTP to understand what may be available for your profile.
What else do lenders consider beyond your CIBIL Score?
A score of 774 indicates responsible past behaviour, but lenders also need to determine whether you can manage another EMI today. They review several aspects of your current financial position before making a decision.
These may include:
- Income after deductions: The amount remaining each month helps establish repayment capacity.
- Ongoing liabilities: Existing loans and card dues can reduce eligibility for additional borrowing.
- Employment or business continuity: Stable earnings may support confidence in future payments.
- Recent borrowing activity: Newly opened accounts can change your overall repayment burden.
- Credit card payment pattern: Carrying substantial balances may indicate limited monthly flexibility.
- Number of recent enquiries: Several applications within a short period may invite closer review.
- Requested loan amount: The requirement should be reasonable when compared with your income.
A well-balanced present-day financial profile can help you make better use of the opportunities supported by your score.
How a 774 CIBIL Score affects your personal loan
A 774 CIBIL Score may strengthen your personal loan application because it indicates consistent handling of previous credit. However, the lender will determine the final offer only after completing its income and affordability checks.
Your score may have an effect on:
- Personal loan interest rates: You may be considered for competitive personal loan interest rates based on the lender's assessment.
- Eligible loan amount: Lower existing debt and sufficient disposable income may support a higher sanction.
- Application review: A clear repayment record can make your credit history easier to assess.
- Repayment tenure: The lender may offer different periods based on the EMI you can comfortably pay.
- Personalised offers: Some borrowers may receive profile-based or pre-approved personal loan options.
\Consider the amount you genuinely require instead of borrowing up to the maximum available limit. Check your personal loan eligibility and compare the proposed EMI with your essential expenses and savings plans.
How a 774 CIBIL Score may affect interest rates
A CIBIL Score of 774 may improve your chances of receiving competitive personal loan pricing. It indicates lower perceived repayment risk, but it does not guarantee the lowest rate offered by a lender.
An applicant with limited existing debt and stable income may receive different terms from another applicant who has the same score but several active EMIs. The loan amount, tenure and employment profile can also affect pricing.
Assess the annual rate together with the processing fee and total interest payable. This provides a more accurate view of the loan’s cost than the advertised rate alone.
Understanding the main CIBIL Score bands
The CIBIL Score scale ranges from 300 to 900. Lenders use these bands to gain an initial understanding of an applicant's credit history before examining the complete financial profile.
| CIBIL Score range | Rating | What it means |
| 300-549 | Poor | The report may contain major repayment problems, making unsecured borrowing difficult. |
| 550-649 | Fair | Credit may be available selectively, often with closer assessment and stricter terms. |
| 650-749 | Good | The applicant may qualify for regular credit products, although offers can vary considerably. |
| 750-900 | Excellent | This band generally indicates consistent credit conduct and may support competitive borrowing opportunities. |
A 774 CIBIL Score is securely positioned within the excellent band. Continued control over active accounts can help preserve its value during future loan assessments.
How to preserve and strengthen your 774 CIBIL Score
A score of 774 does not require aggressive improvement measures. The more useful approach is to maintain stability across existing accounts and prevent avoidable negative entries.
You can support your score by:
- Scheduling payments before the final due date
- Paying the complete card statement when your finances permit
- Preventing balances from remaining high over several billing cycles
- Avoiding applications made only to test available offers
- Checking that repaid loans are marked correctly as closed
- Reporting unfamiliar accounts or enquiries promptly
- Retaining older credit facilities when their costs remain reasonable
- Monitoring repayments on jointly held or guaranteed loans
- Reviewing your disposable income before accepting another EMI
A strong credit profile is maintained through repeated, measured decisions. Keeping payments predictable and debt manageable can help protect the advantages associated with your 774 CIBIL Score.
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?
Frequently asked questions
Overview
How to
Yes, a 774 CIBIL score is considered excellent. It shows that you have a solid credit history and are a low-risk borrower, increasing your chances of loan approval and favourable terms from lenders.
No, a 774 credit score is not bad. In fact, it is excellent and demonstrates strong financial responsibility. This score will likely make you eligible for loans and credit cards with competitive interest rates and other financial benefits.
Yes, with a 774 credit score, you can easily get a credit card. This score makes you eligible for a range of credit cards, including those with premium features such as high rewards, cashback, and low-interest rates. You may also qualify for exclusive card offers.
No, a 774 credit score is not mandatory for a loan. Most lenders approve loans with scores above 700. However, a 774 score helps you secure better interest rates and favourable loan terms. Check your offer in just 2 steps and apply online to get our loan.
*Terms and conditions apply.
The minimum CIBIL score required for a personal loan varies depending on the lender and the type of loan. However, most lenders prefer a CIBIL score of 650 or above for personal loans. Some lenders may consider applications with lower scores, but you may be offered higher interest rates and stricter terms.
The amount you can finance with a 774 credit score depends on various factors, including your income, debt-to-income ratio, and the type of loan you are applying for. However, a 774 credit score is generally considered excellent, and you may be eligible for higher loan amounts and more favourable terms compared to those with lower credit scores.
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