How to build CIBIL?

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Deal Newbie
sj38931413

I just turned 18 and got my e-pan.
I have opened 2-3 zero balance bank account.

Now, senior dimers please help me with your experience to build my CIBIL.
How to I get started.
I am pretty sure no bank would give Credit card to 18 year old with 0 cibil.

I dont have an option to get secured cc also.
Slice rejected my application.
Now confused from where to start.
Thinking of getting postpe.
As soon as I get my first cc I will close every other BNPL.
Also I can manage my finances and will not misuse.

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Chennai Super Kings Chennai Super Kings
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Just get only 1 paylater , Flipkart pay later. Other paylaters are a hassle to close later on. This will start generating your score.

Deal Newbie Deal Newbie
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if you just want to build cibil then make fd and get card against that.. if you have money go for axis/sbi/hdfc/icici bank they easily provide secured credit card against fd for 10000..

if you have less money then go for onecard.. for 2000 fd..

after you got card then every month spend some money should be less than 10% of credit limit.. after bill is generated pay it.. repeat it ..

after 2-3 months your cibil will start generating.. don’t apply for pay later or loans… also avoid slice card…

Deal Newbie Deal Newbie
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Tanmayyy wrote:

Just get only 1 paylater , Flipkart pay later. Other paylaters are a hassle to close later on. This will start generating your score.

I generally dont order from flipkart

Deal Newbie Deal Newbie
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BUDHRAJ0 wrote:

if you just want to build cibil then make fd and get card against that.. if you have money go for axis/sbi/hdfc/icici bank they easily provide secured credit card against fd for 10000..

if you have less money then go for onecard.. for 2000 fd..

after you got card then every month spend some money should be less than 10% of credit limit.. after bill is generated pay it.. repeat it ..

after 2-3 months your cibil will start generating.. don’t apply for pay later or loans… also avoid slice card…

I will check onecard
2000 is reasonable amount

Deal Subedar Deal Subedar
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Tanmayyy wrote:

Just get only 1 paylater , Flipkart pay later. Other paylaters are a hassle to close later on. This will start generating your score.

Flipkart is easy to close? joy

Chennai Super Kings Chennai Super Kings
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prem4998 wrote:

Flipkart is easy to close? joy

Yes you can close it in 2 minutes by calling customer care

Deal Subedar Deal Subedar
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Tanmayyy wrote:

Yes you can close it in 2 minutes by calling customer care

I saw many threads in past about the issue in closing flipkart pay later. Is it smooth now?

As far as I know, only Paytm and ICICI paylater services doesn’t require any call or email or anything. You can close it in few clicks by yourself.

Chennai Super Kings Chennai Super Kings
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prem4998 wrote:

I saw many threads in past about the issue in closing flipkart pay later. Is it smooth now?

As far as I know, only Paytm and ICICI paylater services doesn’t require any call or email or anything. You can close it in few clicks by yourself.

Yes fk paylater can be closed just by calling customer care now , closed a relative’s pay later last month

Elite Elite
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Just turned 18 years and you are worried about CIBIL score? I think you better worry about other more important scores now.

Chennai Super Kings Chennai Super Kings
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sj38931413 wrote:

I generally dont order from flipkart

Doesn’t matter , they still report on time payments to cibil even if u don’t use it.

Deal Newbie Deal Newbie
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ontherocks wrote:

Just turned 18 years and you are worried about CIBIL score? I think you better worry about other more important scores now.

Same thing I told him, career bnana chahiye iss age m, ye sab to hota rhega poori jindagi pdi h

Deal Cadet Deal Cadet
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My CIBIL was bad and could not get any CC. Opened Amz pay Later in Jan. kept clearing dues every 3rd or 4th. Now CIBIL at 767. Got OneCard yesterday for 2.2k limit against 2k FD. Gonna repeat this process.

Hunk Hunk
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I just turned 18 and got my e-pan.
I have opened 2-3 zero balance bank account.

  • If you are financially well off then please ignore CIBIL, credit cards and cashback etc. I was lucky that in 2008 those things were not that common.
  • Build a good career first. And they ll chase you to give credit cards and loan. 🙂🙂🙂

Deal Newbie Deal Newbie
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Learn about investing 1st.

It’ll help a lot later on.

Deal Subedar Deal Subedar
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18 saal me jaam ke  daru piyo , item patao  kya cibil ke piche bhag rahe ho 


Cool Cool
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BUDHRAJ0 wrote:

if you just want to build cibil then make fd and get card against that.. if you have money go for axis/sbi/hdfc/icici bank they easily provide secured credit card against fd for 10000..

if you have less money then go for onecard.. for 2000 fd..

after you got card then every month spend some money should be less than 10% of credit limit.. after bill is generated pay it.. repeat it ..

after 2-3 months your cibil will start generating.. don’t apply for pay later or loans… also avoid slice card…

@sj38931413

This is good advice. Don’t go for pay later options from Amazon/Flipkart and don’t apply for credit lines either. 

Deal Subedar Deal Subedar
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bikidas2060 wrote:

I just turned 18 and got my e-pan.
I have opened 2-3 zero balance bank account.

  • If you are financially well off then please ignore CIBIL, credit cards and cashback etc. I was lucky that in 2008 those things were not that common.
  • Build a good career first. And they ll chase you to give credit cards and loan. 🙂🙂🙂

Affirmative. One of my friend has 13-15L annual package and yet the amazon icici card was rejected due to no CIBIL.

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