There is no good or bad score per se but it is found that lenders tend to avoid or be extra cautious granting credit to borrowers with a score less than 700 with CIBIL for secured loans like home loan. For unsecured loans like personal loan and consumer loans, banks in India tend to target customers with a score of 750 or above.
|Credit Score Estimate||What it may mean for your credit health?|
|750 - 900||
|700 - 750||
|550 - 700||
|300 - 550|