Home Loan

> >

CIBIL Score for Home Loan

Quick apply

Just 60 seconds to apply

Enter your first and last name
Enter your 10-digit mobile number
Enter your pin code

I authorize Bajaj Finserv representative to call /SMS towards this application and other products/services. This consent overrides my registration for DNC/NDNC. T&C

Enter net monthly salary
Enter date of birth
Enter PAN
Select employer name from the list
Enter personal email address
Enter official email address
Enter current monthly obligations
Enter net monthly salary
Enter annual turnover (18-19)

Thank you

What is CIBIL Score in Home Loan

Financial institutions assess your loan eligibility and home repayment capability before approving your Home Loan application, which is where your CIBIL score comes into play, serving as a benchmark for banks and NBFCs.

CIBIL (Credit Information Bureau Limited), calculates a CIBIL or credit score depending on your credit and debt repayment history. A CIBIL score usually ranges between 300 and 900. If you have a low credit score, it’s highly unlikely that your loan application will be approved. On the other hand, a high score might get you a substantial Home Loan amount.
A score above 750 is considered good as it indicates a clean credit history, which means you won’t have trouble repaying your Home Loan on time. However, the closer your score is to 900, the better your chances are of getting a higher Home Loan amount.
However, apart from this, you should also bear in mind that each financial institution has their own eligibility criteria. You will need to fit these additional parameters to procure a Home Loan.

Additional Read: Credit Score for Home Loan

People Also Considered

Home Loan EMI calculator

Calculate your monthly EMI, installments and rate of interest applied on the loan amount

CALCULATE NOW

Home Loan Balance Transfer

Get a top-up loan without any extra documentation

APPLY NOW

Homes and Loans

Find your dream home from
18000 + properties

Explore More

Home Loan eligibility calculator

Determine your Home Loan eligibility and accordingly plan the application amount

CALCULATE NOW