Share how to increase CIBIL score without credit card?
I have always managed to maintain a high credit score by paying all my bills and EMIs on time. This one habit alone makes the biggest difference.
Even a single missed payment can drag your score down. So, setting reminders or automating payments is a smart move.
Other ways that can help you are:
- Build your credit history early. Use a low-limit credit card or small loan and repay it on time to show consistency.
- Keep your utilisation low. Try not to spend more than 30% of your credit card limit. If your limit is ₹1,00,000, stay near ₹30,000.
- Avoid too many applications. Applying for multiple loans or cards quickly gives the impression that you are desperate for credit.
- Check your reports regularly. Errors happen, and correcting them can improve your score.
- Clear all dues on time. Pay credit card balances before the due date. Even paying at least the minimum helps prevent major damage.
- Repay existing debt. This reduces outstanding loans. Also, making prepayments boosts your score over time.
Stick to these consistently, and your credit score will definitely start moving upward.