Ways to increase CIBIL

Y U need to increase?

Close hdfc credit card.

Get a secured loan, if you don't have one .

But don't expect 750ish score before 1 year. 

Looks like people obsessed with cibil and number. 😔

quantum wrote:

Y U need to increase?

To get sbi cadhback card

Bk100 wrote:

Looks like people obsessed with cibil and number. 😔

Agree, including me. Earlier, never used to check even once per year but now checking every few days though I have no intention or need of any loan! 

amit_ag wrote:
To get sbi cadhback card

If you have good existing SBI card relationship (like simplyclick with 50k+ cl), you're most likely to get it approved with cibil score as low as yours as well.

Good cibil score is pretty helpful if you're getting SBI card for the first time as having good cibil will fetch you good credit limit even without any income documents.

Try your luck with the sprint platform if you're an existing SBI card customer .

You might get lame limit of 20-30k but you can easily transfer other sbi card's limit to that card as many dimers already did it.

ZNZ wrote:
If you have good existing SBI card relationship (like simplyclick with 50k+ cl), you're most likely to get it approved with cibil score as low as yours as well.

Good cibil score is pretty helpful if you're getting SBI card for the first time as having good cibil will fetch you good credit limit even without any income documents.

Try your luck with the sprint platform if you're an existing SBI card customer .

You might get lame limit of 20-30k but you can easily transfer other sbi card's limit to that card as many dimers already did it.

Sbi simply click limit is 1.6...cibil is 723...still did not get

cashif wrote:
Agree, including me. Earlier, never used to check even once per year but now checking every few days though I have no intention or need of any loan! 

This is because of the FOMO some financial influencers are creating.


And having a good cibil score for many is just a number to flex about in such financial forums or among co workers. Sadly I'm also one of them.


I remember when apay icici was launched it was so hard to get and now nearly every person have apay icici card irrespective of their income.



Remember, whatever score you have, it only matters that if you have any negative remarks on your report or not. There's nothing to care about the number if it's 700 or 750 if you have good income proof document.

amit_ag wrote:
Sbi simply click limit is 1.6...cibil is 723...still did not get

If you have even slightest negative remark on your credit report(like overdue of 1 day etc.),
The process gets really difficult, even when with a score of 750+
Did you have any such remarks in your credit report?

ZNZ wrote:
If you have good existing SBI card relationship (like simplyclick with 50k+ cl), you're most likely to get it approved with cibil score as low as yours as well.

Good cibil score is pretty helpful if you're getting SBI card for the first time as having good cibil will fetch you good credit limit even without any income documents.

Try your luck with the sprint platform if you're an existing SBI card customer .

You might get lame limit of 20-30k but you can easily transfer other sbi card's limit to that card as many dimers already did it.

I did not get Cashback card with 750+ CIBIL and SBI simply click card with 3L+ limit. I had applied immediately after launch when it was rejected for many. After physical KYC, it was rejected citing 'internal policy'.

cashif wrote:
I did not get Cashback card with 750+ CIBIL and SBI simply click card with 3L+ limit. I had applied immediately after launch when it was rejected for many. After physical KYC, it was rejected citing 'internal policy'.

SBI is behaving stranger than AXIS. 

I know many people who got the card with less than 740 credit score,no income proof and around 50kish credit limit on existing SBI CC.


And SBI rejected in case such as yours, strange, really strange. 😏


Try again next time from sprint platform.

ZNZ wrote:
SBI is behaving stranger than AXIS. 

I know many people who got the card with less than 740 credit score,no income proof and around 50kish credit limit on existing SBI CC.


And SBI rejected in case such as yours, strange, really strange. 😏


Try again next time from sprint platform.

Tried from sprint only😕

ZNZ wrote:
If you have even slightest negative remark on your credit report(like overdue of 1 day etc.),
The process gets really difficult, even when with a score of 750+
Did you have any such remarks in your credit report?

Yes 1 late payment

How to remove late payment remark from cibil

ZNZ wrote:
SBI is behaving stranger than AXIS. 

I know many people who got the card with less than 740 credit score,no income proof and around 50kish credit limit on existing SBI CC.


And SBI rejected in case such as yours, strange, really strange. 😏


Try again next time from sprint platform.

Even I applied thru Sprint.

Anyways, holding off for now as have had 4 cards rejected during Nov/Dec period- SBI CB, then Axis Magnus, SBI Ultimate and finally AU Bank (Got 3 cards approved as well- Legend, BoB Eterna and HDFC Neu Infinity during this period). 

Planning to give gap of 6 months before reapplying Magnus and CB.

amit_ag wrote:
How to remove late payment remark from cibil

If you did late payment it's next to impossible to remove.

If it's an error raise dispute with cibil..

amit_ag wrote:
Yes 1 late payment

1late payment dose not make much difference to overall score. See remark in this payment history. 

Bk100 wrote:

Looks like people obsessed with cibil and number. 😔

NosediveBlack Mirror: Season 3, Episode 1


https://en.wikipedia.org/wiki/Nosedive_(Black_M...

ZNZ wrote:

Close hdfc credit card.

Get a secured loan, if you don't have one .

But don't expect 750ish score before 1 year. 

My first cc was of hdfc and cibil is above 750+. I don't understand why everyone keeps complaining about hdfc reducing score.

Bk100 wrote:

Looks like people obsessed with cibil and number. 😔

It's not obsession actually.
Today, India's largest bank (& the one with the biggest portfolio for Home loans) is giving loan rates based on CIBIL score buckets.

Don't be surprised if in future, all the loan rates (not just Home loans) by all banks/FIs are benchmarked to CIBIL scores. Higher the score, lower the rate offered to you.

When the race begins, you will have to keep yourself ahead to grab the lowest rates (if you avail a loan)!

WandereR wrote:
My first cc was of hdfc and cibil is above 750+. I don't understand why everyone keeps complaining about hdfc reducing score.

800 y not?

WandereR wrote:
My first cc was of hdfc and cibil is above 750+. I don't understand why everyone keeps complaining about hdfc reducing score.

Yes same thing! Why is everyone complaining about closing HDFC cc for boosting cibil score?!

Is Cred credit score true? Which is the best way to check free cibil 

ZNZ wrote:
SBI is behaving stranger than AXIS. 

I know many people who got the card with less than 740 credit score,no income proof and around 50kish credit limit on existing SBI CC.


And SBI rejected in case such as yours, strange, really strange. 😏


Try again next time from sprint platform.

His case is among the rare ones, he holds more limit on his moneyback card than many regalia & infinia users.

Bk100 wrote:

1late payment dose not make much difference to overall score. See remark in this payment history. 

It's not about score.
Score is not everything.
One Negative Remark=One Negative Remark

when i had CIBIL 800+ nobody gave me card.

now i have CIBIL 750- everyone gave me card.

ZNZ wrote:
It's not about score.
Score is not everything.
One Negative Remark=One Negative Remark

1 delayed payment out of 500 or 1000 is negligible. I don't hink it should change in credit worthiness of borrower. Every one is not 100 % perfect person. Some time some thing out of our control. 

demerius2020 wrote:

when i had CIBIL 800+ nobody gave me card.

now i have CIBIL 750- everyone gave me card.

they r praying for default on your part

cashif wrote:
Even I applied thru Sprint.

Anyways, holding off for now as have had 4 cards rejected during Nov/Dec period- SBI CB, then Axis Magnus, SBI Ultimate and finally AU Bank (Got 3 cards approved as well- Legend, BoB Eterna and HDFC Neu Infinity during this period). 

Planning to give gap of 6 months before reapplying Magnus and CB.

Will recommend try once for cb card now. They rejected my app when it was launched. Card approved few days back.

Au rejected earlier approved now. Indus, rbl approved as well this month. Probably due to march end they are approving the cards