Your credit rating is a key indicator of your financial health. It shows lenders how likely you are to repay loans and credit on time. A higher score can lead to easier loan approvals, better credit card offers, and lower interest rates. The good news is improving your rating doesn’t require complicated steps — just the right habits and tools. One such tool is the Bajaj Finserv Insta EMI Card, which helps you shop conveniently, convert purchases into manageable EMIs, and build a strong credit profile over time. Start using it to boost your score and financial confidence.
Let’s break it down step by step.
What does credit rating matter?
A credit rating is a simple way to understand how likely someone, a company, or even a government is to repay money on time. It helps banks, lenders, and investors decide if giving a loan or credit is safe.
Credit ratings make it easier to compare financial trustworthiness. They are based on things like past repayments, current debts, and overall financial health. Although a credit rating is just one part of financial decisions, it is very important. A good rating can help you get loans faster, enjoy lower interest rates, and access better financial opportunities.
Why does it matter?
- Higher chances of getting a loan or credit card
- Lower interest rates
- Higher loan limits
- Better deals on insurance and rentals
Tip: A score above 750 is usually considered excellent.
Want better control over your finances? Your credit score is the first step.
Types of credit ratings in India
In India, credit rating agencies use specific scales and terms to evaluate how safely a company manages debt and investments. Broadly, credit ratings are divided into two main types:
Investment Grade: Companies with investment-grade ratings are seen as financially stable and reliable. Their strong repayment history and sound management practices make them low-risk borrowers. As a result, they can easily access credit and often benefit from lower interest rates on loans.
Speculative Grade: Speculative-grade ratings suggest higher risk. Businesses in this category may have unstable finances or risky investments, making repayment uncertain. Lenders charge them higher interest rates to offset this increased risk.
What affects your credit rating?
Many people ask: “Why is my credit score low?” or “How can I fix my score fast?”
Here are the top things that impact your rating:
Factor |
Impact on score |
Why it matters |
Payment history |
35% |
Late payments hurt your score the most |
Credit utilisation |
30% |
Using too much credit shows financial stress |
Length of credit history |
15% |
Longer history = more trust from lenders |
Credit mix |
10% |
Having loans + credit cards is better than just one |
New credit enquiries |
10% |
Too many applications make you look risky |
How the Insta EMI Card can help improve your credit rating
If you’re just starting out or trying to fix your score, the Bajaj Finserv Insta EMI Card is a smart move. It gives you a pre-qualified card loan limit of up to ₹3 lakh, which you can use to shop and pay later in Easy EMIs.
Here's how it helps:
- Start building your credit: The card is easier to get than a credit card — perfect for new borrowers.
- Shop smartly: Buy electronics, furniture, travel tickets and more on Easy EMIs with over 1 million products at 1.5 lakh+ partner stores.
- Flexible repayments: Choose a tenure that works for you — from 3 to 60 months. Explore flexible tenures
- Boost your score: Repaying EMIs on time builds your credit history fast.
- Stay debt-free: No hidden fees, and you can even shop with zero down payment at select stores.
Check if you have a pre-qualified card loan offer — just enter your mobile number & OTP
Step-by-step: How to improve your credit score using Insta EMI Card
Want a simple plan? Follow these 5 steps:
- Get the Insta EMI Card
If eligible, you can get a virtual card instantly. - Use the card regularly
Buy everyday essentials or big-ticket items — flights, phones, furniture, etc. - Choose easy EMIs
Pick a tenure that fits your budget. Use the EMI Calculator to plan monthly payments. - Pay on time, every time
Timely EMI payments are the biggest score booster. - Track your usage
Keep your total usage under 30% of your ₹3 lakh limit to show financial discipline.
Only 2 steps to check your eligibility – enter mobile & OTP
Bonus Tips to Improve Your Credit Rating Faster
If you want to see real improvement in your credit score, try these practical tips:
- Set EMI reminders: Never miss a payment
- Avoid maxing out your credit limit
- Check your credit report regularly for errors
- Don’t apply for too many loans at once
- Keep older accounts open for longer credit history
Even small, steady steps make a big impact over time.
Check your eligibility in just 2 clicks – no paperwork needed
Why choose the Bajaj Finserv Insta EMI Card?
Here’s what makes it a smart financial tool for credit building:
Feature |
Benefit |
₹3 lakh limit |
Helps you make big purchases on EMI |
Shop from 1.5 lakh+ stores |
Across 4,000+ cities |
Easy EMIs |
Choose tenure from 3 to 60 months |
Zero cost EMI options |
On select items |
No hidden charges |
Transparent billing |
Instant approval & activation |
Get the card in just a few clicks |
Money in 24 hours: Use your limit immediately after approval
How do credit rating agencies work?
Credit rating agencies in India evaluate the financial health of companies, governments, and other entities. They examine factors such as income statements, existing debt, repayment patterns, and financial stability. Once assessed, they assign a rating that helps investors gauge the likelihood of default and make well-informed lending or investment choices.
Summary: Improve Your Credit Rating with Confidence
Improving your credit rating doesn’t have to be hard. With the Insta EMI Card, you can build a strong credit score just by spending smartly and paying EMIs on time.
Whether you're planning a big purchase or just want to be ready for future financial needs, the Bajaj Finserv Insta EMI Card is your credit-building partner.
Enter your mobile number to see your Insta EMI Card offer in seconds
Check eligibility now – no documents, no delays
