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Is it Possible to Get a Perfect Cibil Score Of 900?

15-Dec-2018 written by : FSI-Team

Get a Perfect Cibil Score Of 900?

You need a high cibil score to get a loan easily and that too at an affordable interest rate. However, how high does it have to be? And what about the highest possible score i.e. 900? Is it even possible to achieve that? In this blog, we will address all these questions.

What is Cibil Score?

As you may already know, cibil score is a score of your "creditworthiness" which shows how fit you are to be awarded credit by the banks. So, if you have a high score, it means you are "worthy" of obtaining credit from financial institutions. On the other hand, if your score is low, then it means it’s risky for a lender to offer you home loans, personal loans, etc. which is why you may have a hard time getting one.

Cibil score is calculated and provided by Transunion Credit Information Bureau of India Limited (Cibil). An individuals' cibil score can range anywhere from 300 to 900. It can also be conveniently divided into the following categories:

  • Above 700: This is the best category and if you score falls under it, then you can get loans and credit cards easily.
  • 500-700: If your score falls under category then you may face some difficulty getting loans. However, if you try hard you can eventually get one granted you are willing to settle for a high interest rate and stringent repayment terms.
  • Below 500: Any score under this category is considered “very poor”. If yours belongs to this category, then you should take immediate action as you can’t find a loan with a poor score even at a high interest rate.

In case you check your cibil report and see that your score is 0, then you needn't be alarmed. It just means that there is no credit history available and it's not as bad as it seems: having no history is better than having a bad credit history.

Is it Possible to Achieve a Perfect Score of 900?

Some people are perfectionists who don't settle for anything less than the highest possible achievement. If you are one of them, then it's possible that you want to achieve the highest cibil score i.e. 900. However, it's not simple because a cibil report is generated by algorithms and software programs which assess your financial data viz. repayment history, current debt, credit utilization ratio, credit report inquiries, etc. These algorithms are also modified from time to time. Thus, it's nearly impossible for someone to get perfect 900. This is the reason why that kind of achievement is still unheard of. However, that doesn't mean you can't try.

If you are really committed to achieving a full score of 900, then there are many things that you can do to stand a chance, as small as it might be, to make it happen. If anything, you will get a score close to 900 which is good enough. So, let's take a look at these things that you should do to achieve the highest score possible:

Timely Payments

The most important thing that you need to do to increase your score is to ensure that the EMIs of your home loans, personal loans, etc. as well as the credit card payments are made on time. Since you are striving for the perfect score, you can't afford to make a single late payment.

Ideal Credit Utilization

Make sure that your credit card's credit utilization is no more than 35%. This is because high credit utilization suggests a "credit hungry" behavior which is bad for your score. However, don't stop using the credit cards altogether as that hurts the score too.

Credit Variety

Try to make your credit history more diverse by using different types of credits. For instance, if you have never used a credit card before, then you should get a new one and start using it immediately. On the other hand, if you have only used credit cards in the past and have no experience with loans, then you can get a small personal loan or an auto loan.


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