“How to Increase CIBIL Score Fast "

 

“How to Increase CIBIL Score Fast "

Factor	Weightage
Payment history	35%
Credit utilization	30%
Credit history length	15%
Credit mix (secured + unsecured)	10%
Credit inquiries	10%

To increase score fast, we focus on the highest-impact factors.

1. Pay All EMIs & Credit Card Dues Before Due Date

Late payments are the No.1 reason scores drop.

 Best trick to increase score fast:

• Set auto-pay for EMIs & credit cards
• Pay credit card bill 5 days before due date
• Even paying minimum due on time protects score from damage

 Never delay payments — even 1 delay stays in report for 2 years.

Improvement Timeline: 30–60 days

2. Reduce Credit Card Utilization Below 30%

High usage = score drop even if you pay on time.

Example:

If your credit limit = ₹1,00,000

Never use more than ₹30,000 per month

✔ Maintain < 10% if possible (fastest score boost)

Improvement Timeline: 45–60 days

3. Clear Small Outstanding Dues

Even unpaid ₹200 / ₹500 / ₹1000 reduces score big.

Check:

• CIBIL report
• Loan settlements
• Old postpaid SIM bills
• Flipkart/Amazon Pay Later dues
• Buy Now Pay Later accounts (LazyPay, PayTM Postpaid)

 If you see “settled” — convert to “closed” by paying balance.

 This alone can increase score 30–70 points.

 Timeline: 30–45 days

4. Increase Credit Limit (Do NOT increase spending)

Higher credit limit ↓ lowers utilization % → improves score.

Request credit limit increase from:

• HDFC / ICICI / SBI / Axis / Kotak
• Simply via mobile banking or customer care

 Important: Increase limit only if you won’t spend more.

 Timeline: 30 days

5. Take a Low-Risk Credit Product to Build Score

If you need faster score improvement, take:

 Credit Builder Loan (Small Personal Loan)

or

 Secured Credit Card (against FD)

Best secured credit cards for score increase:

Bank	FD Amount	Card Name
SBI	₹20,000-₹1 lakh	SimplySAVE Secured
ICICI	₹10,000+	Coral / Platinum
Axis	₹20,000+	Insta Easy
Kotak	₹10,000+	811 Dream Different

Use 5–10% of limit and pay back on time → score increases quickly.

 Timeline: 60–90 days

6. Avoid Too Many Loan or Credit Card Applications

Every application = hard inquiry = −5 to −15 points.

Rules:

❌ Don’t apply more than 2 products in 3 months

❌ Don’t apply again immediately after rejection

✔ Check loan eligibility before apply

 Timeline: 15–30 days

Fastest 60-Day Strategy to Boost CIBIL

Follow exactly:

Day	Action
1-5	Pay all pending dues + reduce credit card balances
5-7	Request credit limit increase
7-10	Take secured credit card if score < 650
10-60	Use only 10-20% of limit + pay before due date
Every Sunday	Check credit report for errors

Expected results if followed correctly:

🔹 580–620 → 650+ in 2 months

🔹 620–670 → 720+ in 2–3 months

🔹 670–740 → 750+ in 3 months

❌ Mistakes That Destroy Score

Mistake	Score Impact
Paying minimum due every month	Very negative
Closing credit cards	Score drops
Settling a loan	Score drops badly
Applying for too many loans	Score drops
Using 70-100% of credit limit	Score drops