A Quick Way to Check Your CIBIL Score
Check your CIBIL score for a Personal Loan to ensure a smooth approval process. Poonawalla Fincorp also offers you the opportunity to download the report instantly. We take utmost care of data privacy, and your information is completely safe with us. Know your CIBIL score in advance for a seamless Personal Loan application. Check now!
Importance of CIBIL Score to Get Loan Approval
- Loan Amount Eligibility: A good credit score demonstrates your ability to manage credit effectively. It also may allow you to avail of a high loan amount.
- Approval of Unsecured Loans: Get a Personal Loan without pledging any collateral with a strong credit score.
- Interest Rate Determination: Qualify for lower interest rates with a good CIBIL score, and enjoy an overall reduced cost of borrowing.
- Negotiating Power: Increase your negotiating power for favourable loan terms, including repayment tenure and processing fees.
- Faster Approval Process: Experience a faster and smoother loan approval process, as it demonstrates a good repayment ability.
Minimum CIBIL Score Required
The minimum CIBIL score for a Personal Loan is 750. Having a good score increases your chances of getting swift loan approval and favourable terms. A score of 750 and above may also qualify you for a higher loan amount at a lower interest rate.
CIBIL Score Range
CIBIL Score Range |
Rating |
300 - 499 |
Poor |
500 - 649 |
Average |
650 - 749 |
Good |
750 - 900 |
Excellent |
Factors Affecting Your CIBIL Score
- Timely repayments
- Debt-to-income ratio
- Outstanding debts
- Credit history and length
- Number of credit applications
- Credit Utilisation Ratio (CUR)
- Errors or discrepancies in your CIBIL report
- Credit mix
Ways to Improve Your CIBIL Score
- Scheduling auto payments or set payment reminders
- Maintaining a healthy credit mix
- Keeping a credit utilisation ratio below 30%
- Clearing your outstanding debts
- Avoiding multiple loan applications
- Keeping your old accounts open
- Checking your credit report regularly
- Reporting inaccuracies (if any)
Happy Customers, Happy Us


I opted for a Loan Against Property balance transfer with Poonawalla Fincorp, and the experience exceeded my expectations. The application process was completely digital, quick, and required minimal paperwork. Getting a significantly lower interest rate helped me reinvest in my business. With better financial flexibility, I was able to scale operations efficiently, leading to a 30% increase in business turnover. Poonawalla Fincorp made the entire journey stress-free, and I highly recommend their services to any business owner looking for smart financial solutions.


Poonawalla Fincorp’s Pre-owned Car Loan made the entire financing process effortless. The loan approval was quick, and the minimal documentation made it even more convenient. Within just a couple of days, the funds were disbursed, allowing me to purchase a well-maintained pre-owned vehicle without any hassle. The repayment options were flexible, and the entire experience was seamless. Thanks to Poonawalla Fincorp, I could get my car without any financial strain. Highly recommended!


Securing a loan to purchase a commercial property with rental income was crucial for my business. Having previously worked with Poonawalla Fincorp, I was confident in their services. The process was incredibly smooth and transparent. The quick disbursement and excellent post-sales support made the entire experience stress-free. Thanks to Poonawalla Fincorp, I now own a prime commercial property in Mumbai, which has significantly boosted my business. Their quick turnaround time and excellent post-sales support made all the difference. I wholeheartedly recommend them to anyone in need.


I had a great experience with Poonawalla Fincorp’s Pre-owned Car Loan. The offered loan amount was as per my expectations, and the entire process was smooth and hassle-free. The documentation was minimal, and the loan was disbursed in just two days! What stood out was the flexibility—repayment was easy, and the EMI structure was well-planned. The loan approval process was straightforward, making it convenient to get the car I wanted without any delays. Overall, the service was excellent, and I highly recommend Poonawalla Fincorp to anyone looking for an easy and quick loan process!


A friend in need, is a friend indeed. Poonawalla fincorp has been like one of those friends for me, who has supported me in my journey. With no hidden charges and no prepayment charges, the company has provided me with the adequate funds I needed for me professional practice. From the loan application process to the disbursal of funds, I did not face any problems. My experience was hassle-free and smooth. Not just me, all my fellow professionals and friends have had a wonderful experience with Poonawalla Fincorp’s Professional Loan.


I am practicing Chartered Accountant (CA) based out of Hubli. There were working capital issues that i was facing like upgrading my firm’s overall infrastructure, hiring well-qualified staff and digitization. Poonawalla fincorp hab been of great support when it comes to funding these requirements. I’ve got one of the best interest rates available in the market, my documentation process was fast & hassle-free. and the digital application process made it very simple to get a Professional Loan as a CA. I recommend to CAs to consider Poonawalla Fincorp for their working capital or any other funding requirements.


I run a chain of farmacy stores with 5 branches in pune. With the growing polpularity of home delivery, my customers were expecting the same from me as well. However, the extra capital requirement made it difficulf for me to hire delivery persons. With Poonawalla fincorp’s Business loan, I am now able to compete with online pharmacy retailers, manage working capital and upgrade my system. My customers have grown 50-60%. The loan applicatipn process is digital, simple and speedy. I was delighted to get my loan amount disbursed quickly, allowing me to upgrade my operationg seamlessly.
Get exclusive access to simplified
Personal Finance
Information at
Poonawalla Fincorp’s
FinHub
Frequently Asked Questions
A good CIBIL score for a Personal Loan is 750 or above. This score indicates good debt management abilities and a strong credit history, enhancing the chances of loan approval with favourable terms.
A higher CIBIL score often qualifies you for lower interest rates on personal use loans. Lenders perceive high scores as indicative of lower default risk, thus offering competitive interest rates.
Improve your CIBIL score by following these tips:
- Pay EMIs and credit card bills on time
- Reduce your outstanding debts
- Have a credit mix
- Maintain a low credit utilisation ratio (below 30%)
- Avoid multiple loan applications at a time
- Regularly check your credit report for errors
It is advisable to check your CIBIL score regularly before applying for a Personal Loan. This gives you enough time to address any discrepancies and make efforts to improve your score if needed.
Check your CIBIL score for free and in under 2 minutes with Poonawalla Fincorp by following these 3 simple steps:
Step 1: Click on ‘Check Free CIBIL Score’.
Step 2: Enter your name, mobile number, PAN number, DOB and address.
Step 3: Click on ‘Submit’.