In India, four credit information agencies or credit rating agencies have been authorized by the Reserve Bank of India to collect information on borrowers’ attitudes towards credit. These are Experian, Equifax, CRIF Highmark and TransUnion CIBIL. The credit rating given by TransUnion CIBIL is known as the CIBIL score and most lenders rely on TransUnion CIBIL to help them verify whether a borrower is creditworthy.
How is CIBIL Score Calculated?
The credit score or CIBIL score is a numerical representation of one’s creditworthiness and repayment capacity. It is a three-digit number ranging between 300 and 900 that tells a lender the risk involved for them in lending money to the borrower. How is credit score calculated? Credit rating agencies calculate an individual’s CIBIL score based on all the information provided in an individual’s credit report. Before we get to the details of CIBIL score calculations, let us understand the various CIBIL score ranges and the impact they have on a borrower’s ability to borrow credit.
Factors That Affect CIBIL Score Calculations
Four different credit information bureaus in India are authorized by the Reserve Bank of India to assign credit scores to borrowers. Every credit information bureau uses a different CIBIL score calculation formula. However, since an individual’s credit score primarily depends on how they handle credit, the elements that affect a borrower’s credit score stay the same. Let us look at the elements of CIBIL score.
How the Borrower Handles Debt
All credit information agencies assign credit scores to borrowers based on how they have handled debt in the past. A borrower’s credit history, i.e. their track record of whether they have always paid EMIs and cleared credit card bills on time, the number of loans they have taken and successfully repaid, the number of times they have been rejected by lenders, etc., gives credit information agencies an idea about how the borrower handles debt. The component that influences credit score calculations is credit history, which accounts for 35% of a borrower's credit score.
What is the Credit Mix They Are Having?
Loans are of two types: secured and unsecured. Secured loans are those that are backed by collateral. In the case of secured loans, there is zero to no risk involved for the lender in lending money to the borrower. Thus, lenders sanction secured loans at low-interest rates. Home loans and loans against property are examples of secured loans. Unsecured loans, on the other hand, are not backed by any collateral, and therefore, these loans carry a higher risk for the lender. Lenders like those borrowers who have handled a mix of both types of credit, as it assures a lender of the borrower’s ability to handle both secured and unsecured loans.
Also Read: Credit Mix: Different Types of Credit that Boost Your Credit Score
Credit Exposure
Most borrowers understand the concept of credit exposure in the form of credit utilization rate or ratio. The credit utilization ratio is the ratio of credit used by a borrower to the credit available to them. Borrowers must never exhaust their credit limit as lenders see this as irresponsible behaviour towards credit. Maintaining a good CIBIL score requires borrowers to maintain a credit utilization ratio of 30% or less. Borrowers must also make it a point to clear their entire credit card bills and not just pay the minimum due as this too reduces one’s credit rating.
Other Factors
Apart from the factors mentioned above, there are some other factors too that affect CIBIL score calculations. For instance, while calculating CIBIL scores, credit information agencies also look at the hard enquiries under a borrower’s name. Every time a borrower applies for a loan, the lender to whom they have applied approaches a credit rating agency to enquire about the borrower. Enquiries that lenders make are known as hard enquiries. Too many hard enquiries may portray a borrower as being credit-hungry and hamper their credit rating. This is why borrowers should apply for a loan only when absolutely necessary.
Similarly, credit rating agencies also look at what percentage of a borrower’s income is going towards covering the debt. This is known as debt-to-income ratio and for a good CIBIL score, a borrower should keep their debt-to-income ratio under 40%. The length of the credit history is another factor that affects a borrower’s CIBIL score. The longer a borrower’s credit history, the better their CIBIL score.
Final Words
The CIBIL score is a key element that defines your ability to borrow money as well as the terms and conditions on which you will get this money. Building a good CIBIL score takes time. A good CIBIL score is also important as it helps borrowers avail of credit on beneficial terms and conditions, such as a low-interest rate, longer repayment tenor, etc. A bad CIBIL score, on the other hand, makes it difficult for borrowers to get approved for credit. The good thing is that the CIBIL score is not absolute. Borrowers can improve their CIBIL score by practising healthy financial habits.
Also Read: How to Improve your CIBIL Score above 800
DISCLAIMER:
While care is taken to update the information, products, and services included in or available on our website and related platforms/websites, there may be inadvertent errors or delays in updating the information. The material contained in this website and on associated web pages, is for reference and general information purposes, and the details mentioned in the respective product/service document shall prevail in case of any inconsistency. Users should seek professional advice before acting on the basis of the information contained herein. Please take an informed decision with respect to any product or service after going through the relevant product/service document and applicable terms and conditions. Neither Bajaj Housing Finance Limited nor any of its agents/associates/affiliates shall be liable for any act or omission of the Users relying on the information contained on this website and on associated web pages. In case any inconsistencies are observed, please click on contact information.
Trending Articles
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
[N][T][T][N][T]
6 Smart Tips to Increase Your Home Loan Eligibility2024-06-27 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
[N][T][T][N][T]
5 Essential Things You Need for a Home Loan Approval2024-05-08 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
[N][T][T][N][T]
7 Benefits of Taking a Home Loan in India2024-06-19 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
[N][T][T][N][T]
A Complete Guide to Check Credit Score Easily for Free2024-05-02 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-86.jpg/78c8f4a0-be4a-ccfd-8f4e-e4d7a373ee0e?version=1.0&t=1690869420272null&download=true)
cibil Cibil
[N][T][T][N][T]
What's Considered a Healthy Credit Mix?2024-06-11 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-12.jpg/9c4be5ca-a256-1312-ae42-8fa2d0cb9752?version=1.0&t=1680758736598null&download=true)
home+loan Home Loan
[N][T][T][N][T]
All About Home Loan Balance Transfers2024-06-04 | 4 mins
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-1.jpg/d2798db1-884e-d7da-a823-59d8afe95ccc?version=1.0&t=1680758614142null&download=true)
cibil Cibil
[N][T][T][N][T]
What Distinguishes CIBIL Score from CIBIL Report?2024-04-11 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What Is Home Loan Eligibility and How Is It Calculated2024-07-11 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
How Does Being A Loan Guarantor Affect Your Credit Score?2023-03-23 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-153.jpg/0d5d00d1-167b-a60d-f84c-744878bc9281?version=1.0&t=1691386984944null&download=true)
cibil Cibil
[N][T][T][N][T]
What is Credit Mix and How to Boost Your Credit Score?2023-03-27 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
Will a Loan Settlement Ruin My CIBIL Score?2023-03-21 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
How can I Remove Loan Inquiry from CIBIL Credit Report2024-01-22 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-63.jpg/a2064d73-04dd-b64f-b8fb-8e1f046c7485?version=1.0&t=1685941983281null&download=true)
cibil Cibil
[N][T][T][N][T]
Does CIBIL Score Affect Loan Against Property Eligibility?2023-02-15 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
How To Improve CIBIL Score After A Payment Default?2023-03-29 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2643928/Blog-108.jpg/acdda18b-4ec5-7485-e411-889e8eec7d9e?version=1.0&t=1690395072700null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Everything You Need to Know About Top-up Loans on a Home Loan2024-04-09 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-41.jpg/47921c8b-be21-9c4e-13dd-8abd3ee7bbd9?version=1.0&t=1690869409608null&download=true)
cibil Cibil
[N][T][T][N][T]
What Is a Good Credit Score for a Home Loan?2022-12-28 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+2.webp/9bce1476-bc9f-5771-382b-2f64b1668cf5?version=1.0&t=1660719631404null&download=true)
cibil Cibil
[N][T][T][N][T]
Things That Can Go Wrong with Your CIBIL Report2023-03-15 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+2.webp/9bce1476-bc9f-5771-382b-2f64b1668cf5?version=1.0&t=1660719631404null&download=true)
cibil Cibil
[N][T][T][N][T]
How a Good CIBIL Score Can Help You Celebrate the Festive Season Better2024-03-19 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2643928/Blog-112.jpg/e80f3a23-f8ba-5689-a60b-a754aea66c8d?version=1.0&t=1690395071172null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Difference Between Home Loan and Personal Loan: Which is better?2024-03-04 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-48.jpg/7cad495a-b166-1108-8722-05e87b87d18d?version=1.0&t=1690869412202null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How to Get a Better Interest Rate on Your Home Loan2024-01-04 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
How Can Your CIBIL Score Help in Negotiating Better Home Loan Deals2023-05-18 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Get a Home Loan Without Visiting Branch: A Step-by-Step Guide2024-03-20 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-9.jpg/2aebdaed-600e-17a6-bd65-f8ad1edf01ce?version=1.0&t=1680758616610null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Complete Guide to Securing a Attractive Interest on Home Loans2024-01-23 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-92.jpg/885b9f30-8830-105a-028c-4b3645d5d8de?version=1.0&t=1690869421738null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
Understanding the Fees and Charges on Your Loan Against Property2024-02-16 | 8 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
Here’s What You Can Do to Improve Your CIBIL Score2023-03-16 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-4.jpg/dd6fa2d4-5c4e-594c-dab9-226e8623b8df?version=1.0&t=1680758615265null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Home Loan Refinancing: What, Why, and Things to Remember2024-06-17 | 5 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
tax Tax
[N][T][T][N][T]
How to Avail of Tax Benefits on a Loan Against Property2024-06-13 | 5 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
Top 10 Reasons For Low CIBIL Score & How To Improve It2024-03-01 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
home+loan Home Loan
[N][T][T][N][T]
5 Great Ways Women Can Benefit from Taking a Housing Loan2024-01-16 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-128.jpg/6d785cfd-1bf0-c4d6-88f1-f25b579c726e?version=1.0&t=1691386978870null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
Top Benefits of a Loan Against Property Over Collateral-Free Loans2024-01-09 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-72.jpg/02b7d16c-54a7-29f5-497c-ece5b5c17064?version=1.0&t=1685941985070null&download=true)
cibil Cibil
[N][T][T][N][T]
Five Reasons Why a Bad Credit Score Could Lead to Loan Rejection2024-01-22 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
How Does Your Digital Footprint Affect Your CIBIL Score?2024-03-20 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
How Can I Get My ECN Number in CIBIL?2024-01-09 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-36.jpg/14ca3104-ede1-d998-cb83-b9c322044609?version=1.0&t=1685941982662null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Types of Home Loan Charges2024-01-22 | 3 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-82.jpg/234ce60c-a7fe-3f48-556b-a5692c88493a?version=1.0&t=1690869418914null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What is Foreclosing a Home Loan? These are Some of the Do’s and Don’ts2023-12-20 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
tax Tax
[N][T][T][N][T]
10 Useful Income Tax Deductions for FY 2022-232024-02-21 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-55.jpg/957ca97c-0087-8a5f-2b7b-b0ffc800d8ef?version=1.0&t=1690869414103null&download=true)
home+loan Home Loan
[N][T][T][N][T]
All You Need to Know About Home Loans2023-01-19 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
Ways You Can Improve your Credit Score for a Small Business2023-03-01 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-88.jpg/7bf56db8-bfbe-d9ad-b32d-2566743de345?version=1.0&t=1685941986395null&download=true)
tax Tax
[N][T][T][N][T]
5 Tax Savings and Other Advantages You Can Get When You Apply for Home Loans2024-02-14 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-67.jpg/fdafcdc2-a700-03f3-7287-0cb1d47d5c82?version=1.0&t=1690869416565null&download=true)
cibil Cibil
[N][T][T][N][T]
Reasons Why Your CIBIL Score Is Going Down2024-04-10 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-46.jpg/7bec0c6c-60e3-0a07-bcdd-d9ee999078c7?version=1.0&t=1690869411357null&download=true)
[N][T][T][N][T]
Checklist of Documents Required for Home Loan2024-02-07 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How to Get a Housing Loan Approved Instantly?2024-04-10 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-56.jpg/ea7183e6-6861-ffb3-0bc4-d67060689f70?version=1.0&t=1690869414421null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What Is a Pre-Approved Home Loan and How Should You Get It Done?2024-03-12 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2643928/Blog-103.jpg/942a2c04-ae57-3f53-1329-729ffefc8ff9?version=1.0&t=1690395074160null&download=true)
tax Tax
[N][T][T][N][T]
Should You Get a Home Loan to Save Your Taxes?2024-02-01 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+10.webp/a33b518b-be01-12e8-5324-6bbeae19f860?version=1.0&t=1660719633433null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How to Pay Off Your Home Loan Quicker2024-03-11 | 4 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+2.webp/9bce1476-bc9f-5771-382b-2f64b1668cf5?version=1.0&t=1660719631404null&download=true)
cibil Cibil
[N][T][T][N][T]
How Business Loans Affect Your CIBIL Score & How to Improve the Same2024-03-13 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2643928/Blog-115.jpg/65da35c2-5e32-7040-3aa5-02f545770619?version=1.0&t=1690395069927null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
Short vs. Long Loan Against Property Tenor - Which Is Better?2024-05-07 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-15A.jpg/ccb369b6-12ea-3a0f-815d-4cbd569505ce?version=1.0&t=1685941981124null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Consider These Factors Before Foreclosing Your Home Loan2024-04-16 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2643928/Blog-111.jpg/a4a26f6e-bef5-d93c-d5af-91c956c14bec?version=1.0&t=1690395070744null&download=true)
tax Tax
[N][T][T][N][T]
What is a Property Tax in India and How is It Calculated?2024-03-13 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-118.jpg/cf26d4ab-b42e-84b1-93e4-d18049a6e0d6?version=1.0&t=1691386976319null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
Understanding the Fees and Charges on Your Loan Against Property2024-04-10 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
How Does Missing One Payment Affect Your CIBIL Score?2024-05-15 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-97.jpg/40066fbe-fa3d-2353-ab03-602d6e1f3407?version=1.0&t=1690869422595null&download=true)
home+loan Home Loan
[N][T][T][N][T]
6 Ways to Reduce Your Home Loan Interest2024-03-20 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-65.jpg/99b36380-d23d-3877-5ead-3e6a910b88ab?version=1.0&t=1685941983877null&download=true)
cibil Cibil
[N][T][T][N][T]
Ways to Improve Your Credit Score with a Credit Card2024-02-02 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-149.jpg/5ff230dc-58ef-6459-652b-c27e8d5f49a0?version=1.0&t=1691386983997null&download=true)
cibil Cibil
[N][T][T][N][T]
What Factors Do Not Affect Credit Scores?2024-02-28 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
How to Check Your CIBIL Score for Free and What to Do If There Are Errors in It2024-06-05 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-14.jpg/24615559-e5fb-492b-517d-7f5f92101484?version=1.0&t=1680758737154null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What Affects the Interest Rate on Your Home Loan2024-03-13 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-30.jpg/df2da7bb-af05-dddb-c2d1-d835b061e9c0?version=1.0&t=1691386975204null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
3 Different Loan Against Property Types You Should Know About2024-02-13 | 5 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-16.jpg/f853a627-0be7-f88b-44da-b35a79108cf6?version=1.0&t=1680758737683null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
Easy Ways to Pick the Right Loan Against Property Tenor2024-05-14 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-60.jpg/740fc935-bac3-8956-6be0-918c1c72bb47?version=1.0&t=1690869415677null&download=true)
cibil Cibil
[N][T][T][N][T]
How to Check, Calculate, and Improve CIBIL Score?2024-01-11 | 2 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
tax Tax
[N][T][T][N][T]
How to Save Tax for Salary Above 30 Lakh?2023-08-07 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
tax Tax
[N][T][T][N][T]
How to Save Tax Between Rs 20 to Rs 25L Salary in India2023-07-19 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-85.jpg/630ed104-8bc3-8853-a751-5810dc9fab92?version=1.0&t=1690869419979null&download=true)
home+loan Home Loan
[N][T][T][N][T]
10 Smart Steps for Effective Home Loan Management2024-02-16 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Advantages for First-Time Home Buyers2023-07-14 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-27.jpg/b9f6572f-5521-a4fc-ddae-2002adc4440e?version=1.0&t=1691386974794null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Understanding Loan-to-Value Ratio (LTV) and its Calculation2023-11-28 | 4 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How to Determine Your Ideal Credit Score for a Home Loan?2024-03-28 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-13A.jpg/38896fc5-3a25-e903-1bdf-c338e26b28fc?version=1.0&t=1685941980827null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Would it be Possible for Me to Apply for a Second Mortgage?2024-05-22 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-58.jpg/77d20335-105c-5c6e-c57c-f87626015dac?version=1.0&t=1690869415055null&download=true)
cibil Cibil
[N][T][T][N][T]
Easy Ways to Maintain a Good Business Credit Score2024-01-10 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
Impact of Late Payment on CIBIL Score?2024-03-08 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-44.jpg/a3e2af38-dd05-6225-9eed-5848d81250cf?version=1.0&t=1690869410642null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Common Myths About Home Loans: All You Need to Know2024-04-08 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
[N][T][T][N][T]
5 Benefits of Availing of a Home Loan at an Early Age2024-05-10 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
[N][T][T][N][T]
7 Smart Ways to Boost Your CIBIL Score for a Home Loan2024-05-09 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
Pay Minimum Amount Due on Your Credit Cards Will Impact Your Credit Score2024-03-11 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
Here’s How a Short-term Loan Can Help You Improve Your CIBIL Score2024-03-25 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
How Can I Raise My Credit Score From 360 to 800 Within a Year?2024-03-21 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-20.jpg/8a62b6ff-d696-dd8f-cff1-e569b4c22bf9?version=1.0&t=1680758738737null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What is an NOC Letter and Why is it Important?2024-05-14 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-145.jpg/f5f903bd-d248-a352-8790-439fba167598?version=1.0&t=1691386983016null&download=true)
tax Tax
[N][T][T][N][T]
Income Tax Structure in New Regime: New Tax Exemption Limit 20232024-05-08 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-140.jpg/a02bf2ca-4455-68a3-8816-2f9588470bb6?version=1.0&t=1691386981808null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
Top 5 Issues Regarding Loan Against Property Application Rejection that You Might Face2023-02-14 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-42.jpg/3a2ae456-a404-2b89-7e54-e8bf9204ccee?version=1.0&t=1690869409947null&download=true)
tax Tax
[N][T][T][N][T]
Know all About Top Up Loans and How to Avail of Tax Benefits2023-12-12 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-146.jpg/c5a5a24d-0617-d520-9678-304ea3deb71b?version=1.0&t=1691386983267null&download=true)
home+loan Home Loan
[N][T][T][N][T]
5 Tips for Lowering Home Loan Interest Rates in 20232024-03-19 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-84.jpg/e2ffe9b5-5a4c-69f5-9eeb-51368ba49f68?version=1.0&t=1690869419690null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How Can Your Credit Score Impact Your Home Loan Interest Rate?2024-02-13 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-138.jpg/a8523220-b25c-9eff-1deb-a84e132c50a7?version=1.0&t=1691386981323null&download=true)
[N][T][T][N][T]
Everything You Need to Know About Home Loan Tax Benefits2024-04-23 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-8A.jpg/731f2df9-1164-13ac-d7fb-599e21b127b2?version=1.0&t=1685941980459null&download=true)
cibil Cibil
[N][T][T][N][T]
Does a Name Change Affect Your Credit Score2024-01-07 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-3.jpg/22260265-9e12-0935-ca61-78067326b979?version=1.0&t=1680758614864null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Home Loan Balance Transfer: Benefits, Eligibility, and More2024-05-15 | 3 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-87.jpg/fa109881-d7ad-26dc-22c5-45ee4bda3c30?version=1.0&t=1690869420582null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Benefits of Submitting a Digital Home Loan Application in Current Times2023-12-20 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-13A.jpg/38896fc5-3a25-e903-1bdf-c338e26b28fc?version=1.0&t=1685941980827null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Common Mistakes to Avoid When Applying for a Home Loan2023-12-04 | 2 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-10.jpg/c63a06aa-ce58-d906-3de6-3ff47d265601?version=1.0&t=1680758616883null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Differences Between Fixed and Floating Interest Rates2024-05-15 | 2 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-77.jpg/32fcc9c0-9e55-1ee7-175b-f4bf8ea62a32?version=1.0&t=1685941985344null&download=true)
cibil Cibil
[N][T][T][N][T]
Everything You Should Know About Your CIBIL Score2024-02-09 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2643928/Blog-105.jpg/c21fd41f-039a-df82-49b4-5fae79443c49?version=1.0&t=1690395074886null&download=true)
tax Tax
[N][T][T][N][T]
Top Benefits of Using an Online Income Tax Calculator2023-12-28 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
What is Credit Score and Its Impact on Loan Availability2023-03-27 |
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
What Does Your Credit Score Tell About You?2024-06-11 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-32.jpg/fef2104a-dcb2-be40-f896-ad8e19d47c49?version=1.0&t=1691386975529null&download=true)
cibil Cibil
[N][T][T][N][T]
Know How Mortgage Loan Affect Your CIBIL Score2024-02-05 | 5 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-160.jpg/b176bac7-067f-4e44-393a-8aaada52a5c3?version=1.0&t=1685941987517null&download=true)
home+loan Home Loan
[N][T][T][N][T]
ITR Filing for Home Loan – Know the Right Process to File Your Income Tax Returns2024-02-16 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-100.jpg/aa033754-67be-c130-24f0-f19b94012339?version=1.0&t=1685941986948null&download=true)
cibil Cibil
[N][T][T][N][T]
Why is a CIBIL Score Measured Between 300 and 900?2024-05-07 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
What are the Types CIBIL Errors & How to Correct Them?2023-11-22 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-61.jpg/7300d599-ca9d-c699-8b6a-79492dd3910d?version=1.0&t=1685941982984null&download=true)
cibil Cibil
[N][T][T][N][T]
What is CIBIL? Understand How It Works and Its Importance2024-01-31 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
tax Tax
[N][T][T][N][T]
What Does It Mean to Have a CIBIL Score of -12023-06-16 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-22.jpg/8cb3d168-a546-4eeb-d5cb-a7dac4b05532?version=1.0&t=1685941981740null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Home Loan Terminologies2024-06-01 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
What Are Tradelines and How to Find Them On Your Credit Report?2024-05-28 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-91.jpg/b908a69a-8bac-bd94-29de-1bd0ae941a1c?version=1.0&t=1690869421460null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Ways to Check Bajaj Housing Loan Account Numbers2024-04-05 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What Do You Need to Know About Home Loan Foreclosure?2023-03-23 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
Introduction to Credit Information Bureau India Limited (CIBIL)2024-04-15 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-94.jpg/429f97fa-c0ef-4536-70e8-0a93c5272e9e?version=1.0&t=1690869422320null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Section 80EE: Claim Deductions on the Home Loan Interest Paid2023-02-17 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-119.jpg/7b826bfc-74a2-5407-5680-bd2d56f817c5?version=1.0&t=1691386976573null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What is the Process to Get Your Home Loan Approved Fast with Bajaj Housing Finance?2024-02-15 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-24.jpg/8a130b64-e3f4-5930-59bf-ee21e77ed3fe?version=1.0&t=1685941982040null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What are the Different Types of Loans Available in India?2024-01-02 | 5 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-147.jpg/4d964c6f-cf7b-eb04-4f6d-baef2d5d9e30?version=1.0&t=1714645440981null&download=true)
cibil Cibil
[N][T][T][N][T]
What Does a Zero or Negative Credit Score Mean?2023-02-24 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-63.jpg/a2064d73-04dd-b64f-b8fb-8e1f046c7485?version=1.0&t=1685941983281null&download=true)
cibil Cibil
[N][T][T][N][T]
How Many Credit Inquiries are Too Much in a Year2023-09-21 | 2 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-141.jpg/4c794e23-85c1-4cb3-89e2-1df840185c6c?version=1.0&t=1691386982061null&download=true)
cibil Cibil
[N][T][T][N][T]
How to Check CIBIL Score Online?2023-03-14 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Top 5 Home Loan Benefits for First-time Woman Buyers2024-05-14 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-51.jpg/e9016f4b-8a7e-de9e-3f4a-afe0363b2ec4?version=1.0&t=1690869412867null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Importance of an NOC Letter after Closing Your Home Loan2023-12-14 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Benefits of a Joint Home Loan with your Spouse2023-08-04 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-19.jpg/283e91fa-76c6-510c-e6c4-3e3e06b728e5?version=1.0&t=1680758738471null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How to Pick the Best Home Loan Tenor that Suits Your Budget2023-06-29 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-66.jpg/14922f02-6202-96ad-63e2-05b20c57e9d8?version=1.0&t=1690869416281null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How Digital Platforms Are Revolutionising the Face of Housing Finance2023-12-21 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What is the Ideal Down Payment for a Home Loan?2024-05-16 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
tax Tax
[N][T][T][N][T]
Comparison Between New Tax Regime vs Old Tax Regime2024-04-10 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-38.jpg/149eb7e7-c2ff-d466-1fa4-d78580450e8d?version=1.0&t=1690869408600null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Know All About the Home Loan Foreclosure Procedure2023-12-20 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+2.webp/9bce1476-bc9f-5771-382b-2f64b1668cf5?version=1.0&t=1660719631404null&download=true)
cibil Cibil
[N][T][T][N][T]
10 Common Myths About CIBIL Score2024-03-27 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-142.jpg/5dc0e05a-83a1-7ab3-bf53-d021723583bc?version=1.0&t=1691386982298null&download=true)
cibil Cibil
[N][T][T][N][T]
Check CIBIL Score with PAN Card for Free, in 3 Steps2024-02-27 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-101.jpg/35021707-9c15-b12e-3131-d0e162487071?version=1.0&t=1690869423435null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Advantages of Including a Co-Applicant on Your Home Loan2024-01-21 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-50.jpg/95eac235-a7fb-9428-8808-569d29aa004e?version=1.0&t=1690869412550null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What is the Difference Between Top-up Loan and Home Improvement Loan2023-01-11 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-79.jpg/429652d3-cf73-dc06-6701-ca8e144d54da?version=1.0&t=1690869418055null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Are Registration Charges Compulsory When You Opt for a Home Loan?2024-04-15 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-45.jpg/eda2cbe5-2698-c0e3-ff9e-87f82ca69b82?version=1.0&t=1690869410994null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Can I Take a Home Loan and a Personal Loan Together?2024-01-17 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-98.jpg/3d01134e-c5ea-ad38-1711-aa77fece6ea6?version=1.0&t=1690869422885null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Should You Take a Home Loan Even If You Have Enough Money to Buy a House?2023-01-30 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-73.jpg/ab9043fa-c179-0cd6-ff85-60035d21eb6e?version=1.0&t=1690869417162null&download=true)
home+loan Home Loan
[N][T][T][N][T]
7 Common Problems You May Face While Applying For Home Loan2024-01-18 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What Happens If Home Loan EMI Bounces? Know the Consequences2023-07-11 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-18.jpg/aea627c6-044d-a572-c1a5-5982c3a23e9a?version=1.0&t=1680758738202null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Hybrid Flexi Loan vs. Personal Loan: Which One is Better?