What Is A Credit Score/Cibil Score?

What does it mean?

A credit score is a measure of an individual’s eligibility for borrowing money. Several financial aspects combine to form the credit score. It is often a three-digit number ranging from 300 to 900. 

The Credit Information Bureau (India) Ltd. (CIBIL) is one entity that generates the credit score. Therefore, the credit score is also popularly known as a CIBIL score. CIBIL is the credit agency authorised by the Reserve Bank of India (RBI). If a borrower has a good credit history and has shown responsible repayment behaviour, then you will have a higher cibil score which makes a creditworthy individual to banks and other non-banking financial companies.

Points to remember: 

  • The credit scores are generated based on at least the past 6 months of your financial data. Therefore, ensuring consistent on-time payments will generate a high score.
  • A borrower’s loan balance must be low. High loan balance indicates poor credit usage and hence reduces the score. 
  • The secured and unsecured debt must be balanced for a high credit score. 

Example: A credit score of 600 implies that you have been struggling in making payments still lenders will offer you credit but at higher interest rates.

Related Terms
Interest Rate
Credit Report
Credit Line
Share us on:
Popular terms

Fibe: Your One-Click Solution For Instant Loans
A sudden need for a large amount of money or a loan can, of course, occur at any point in life, as many of us may now have experienced.
Looking for a Loan ?
Life is full of expenses - both essential and aspirational. Funding either (or both) of them should really not be an issue. […]

Personal Loan EMI Calculator

Skip the manual calculations. Use the Fibe EMI Calculator to accurately determine your repayment amounts, interest charges, and more.

Fibe's personal loan EMI calculator is your reliable tool to determine your loan EMI in just a few minutes and some simple steps. Fibe offers personal loan of up to Rs 5 lakhs with minimal documentation and quick processing. Coupled with interest rates as low as Rs 9/day, this is by far your most compelling credit option in the market. Calculate your monthly repayments based on your sanctioned loan amount and interest rates using this handy EMI calculator that's operate and easy to understand. With Fibe, you can even prepay your loan amount with no additional charges.

Your EMI Amount is



Loan Amount






Interest rate




Select EMI option

12 Months