Credit Scores in India: Checkpoint 1

Quick checkpoint - five questions on credit scores in india.

Question 1 of 5 What is the usual credit score range in India?

500 to 2000 0 to 100 300 to 900 1 to 10

Bureaus include TransUnion CIBIL and Experian.

Question 2 of 5 Which factor matters most?

Timely payment history Your address Your age Your surname

Missed payments hurt.

Question 3 of 5 Does checking your own score reduce it?

Only on weekends Only for cards Yes, always No, it's a soft enquiry

Hard enquiries by lenders can.

Question 4 of 5 What does credit utilisation mean?

Your interest rate Number of cards Your bank name Share of your limit that you use

Lower is generally better.

Question 5 of 5 How often can you get a free credit report from each bureau?

Never Once a year Every day Every ten years

RBI rules require it.

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