Credit Rating - Ways to Improve Your Credit Rating with Insta EMI Card

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 us break it down step by step.

What is credit rating?

A credit rating provides a clear assessment of your reliability as a borrower based on your financial history. It helps lenders in India determine the risk of lending you money for home loans or credit cards. You can improve your rating by paying all your monthly bills on time and keeping your total debt low. A high rating ensures that you qualify for lower interest rates and better loan terms. Always monitor your credit report regularly to correct any potential errors.

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.

Key difference between credit score and credit rating

Individuals and businesses must understand these two distinct financial metrics to manage their borrowing capacity effectively. While both measure creditworthiness, they serve different purposes within the Indian financial ecosystem.

Feature	Credit score	Credit rating
Target audience	Relates to individual consumers and their personal financial habits	Applies to businesses, corporations, or even sovereign governments
Representation	Appears as a three-digit numerical value ranging from 300 to 900	Uses alphabetical symbols like AAA, AA, or BBB to show risk
Primary source	Calculated by bureaus like CIBIL based on personal loan history	Issued by agencies like CRISIL or ICRA after deep analysis
Main purpose	Helps banks decide on personal loans or credit card approvals	Guides investors and lenders on the stability of a company

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 are 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 is how it helps:

1. Start building your credit: The card is easier to get than a credit card — perfect for new borrowers.
2. Shop smartly: Buy electronics, furniture, travel tickets and more on Easy EMIs with over 1 million products at 1.5 lakh+ partner stores.
3. Flexible repayments: Choose a tenure that works for you — from 3 to 60 months. Explore flexible tenures
4. Boost your score: Repaying EMIs on time builds your credit history fast.
5. 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 and OTP

How to improve your credit rating using Insta EMI Card

Want a simple plan? Follow these 5 steps:

1. Get the Insta EMI Card
   If eligible, you can get a virtual card instantly.
2. Use the card regularly
   Buy everyday essentials or big-ticket items — flights, phones, furniture, etc.
3. Choose easy EMIs
   Pick a tenure that fits your budget. Use the EMI Calculator to plan monthly payments.
4. Pay on time, every time
   Timely EMI payments are the biggest score booster.
5. 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 is what makes it a smart financial tool for credit building:

Feature	Benefit
Rs. 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
Easy 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

Eligibility criteria for Insta EMI Card

Indian national

• Between 21 years and 65 years of age
• Regular income source
• Credit score per Bajaj Finserv risk policies
• Valid documentation, including PAN and Aadhaar card, address proof, bank account information and IFSC code for e-mandate registration.

Curious about your pre-qualified card loan offer amount? Check your eligibility now by entering your mobile phone number and OTP.

Also read: Documents required for Insta EMI Card

How to apply for Insta EMI Card

Applying for the Bajaj Finserv Insta EMI Card is straightforward and can be done both online and offline.

• Online application:
  • Visit the official Bajaj Finserv website. 
  • Enter your mobile phone number and complete the OTP authentication.
  • Fill in the application form to determine your credit limit.
  • Complete the KYC verification using your Aadhaar card or DigiLocker.
  • Pay the one-time joining fee of Rs. 530.
  • Complete the e-mandate registration to activate your Insta EMI Card.

• Offline application:
  • Visit any Bajaj Finserv partner store.
  • Provide the necessary documents for verification.
  • Once approved, pay the one-time joining fee to have your card issued

Also read: How to apply for Insta EMI Card

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

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Easy EMI Card	Flight booking on EMI
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