Interested in financial products

A credit score is a 3 digit number that represents the evaluation made on a person's capability to repay loan amounts and other debts. Credit bureaus like CIBIL™, Experian, Equifax, CRIF HighMark provide credit scores that are calculated based on their credit history. Having a good credit score is a must as banks and NBFCs provide you loans or any other form of credit based on your credit score. Lenders like ICICI Bank may use any one or more of the bureau scores to approve or reject your home loan.

Taking a home loan might change the financial situation of your household. You would need to make sure that you’ll be able to pay your monthly instalments on time. Lenders would need to know whether you’ll be credit responsible enough to handle a home loan. So they will be looking for a credit score above 750. You can get the best interest rate offers with a good credit score. With a bad credit score, your loan application will get rejected and even if it goes through, the interest rates would be very high.

Apply for a credit score


×Thank you! Your comment will be reviewed and posted shortly.

Write a review

CreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf.