How to Build Your CIBIL Score Above 800: Tips and Strategies 🔥🔥🔥
Your CIBIL score is a critical factor that determines your creditworthiness and ability to obtain loans or credit cards. A high CIBIL score not only helps you access better credit products but also gives you negotiating power with lenders.
In this video, we'll discuss tips and strategies that can help you build your CIBIL score above 800. We'll cover everything from understanding what factors impact your score to practical steps you can take to improve it.
We'll start by discussing the importance of paying your bills on time and maintaining a low credit utilization ratio. We'll also explain how opening new credit accounts can help you diversify your credit portfolio and improve your score.
We'll dive deeper into the factors that affect your CIBIL score, such as credit mix, credit inquiries, and credit age. We'll explain why having a mix of different credit products is important and how too many credit inquiries can hurt your score.
Additionally, we'll provide tips on how to monitor your CIBIL score and address any errors or discrepancies that may appear on your credit report. We'll also discuss the importance of being consistent with your credit behavior and avoiding certain mistakes that could hurt your score.
By the end of this video, you'll have a better understanding of how to build your CIBIL score above 800 and have the tools to start taking action. We hope you find this video helpful and informative, and we wish you success in your journey towards financial freedom.
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जय हिन्द, वन्दे मातरम
Jai Hind, Vande Mataram
Пікірлер: 97
Video starts from 3.05
@nishanttyagi3
Жыл бұрын
Thanks
@Naveen_..
Жыл бұрын
Thanks man
@kakashisenpai99
Жыл бұрын
Let me fix your comment 3:05
@sushildhoke8333
Жыл бұрын
Thnx
@vipulparmar8113
Жыл бұрын
Thanks
Mine was 800+ when I had only 1 credit card only. My utilisation was always constant or lesser. People should take only those many credit cards which they can peacefully manage. Not necessary to take too many just to increase CIBIL score. Mix of credit types and count of credit cards anyhow has low impact on the credit score. Biggest influence is timely payments and percentage of credit utilisation. Rest of the things can be ignored if not possible to do.
@iSaurabhSri
Жыл бұрын
Correct, 2-4 cards are enough for commoners like us, some people are on mission to make garland out of credit cards they own.
@HKB108
Жыл бұрын
One of my friend has 830+ CIBIL, without any Cards, he just took a loan of 30K from Indusind Bank, cleared it before time, his CIBIL generated for the first time!!
I pad back 50% of my home loan. My cibil went from 750 to 833
@asifmiles8083
Жыл бұрын
It's not CIBIL then
@gk00301094
Жыл бұрын
@@asifmiles8083 I took car loan on 31st march they said my cibil is 833. Reason prepayment of home loan
@dhruvkumar6139
Жыл бұрын
@@asifmiles8083 achha 😴
1. Emi , bill payment on time. 2. 5 to 10 credit accounts are better. 3. Secured loan like home loan, vehicle loan etc..not personal loan. 4. Hard enquiries short term loan. 5. If you have many enquiries. Then less impact of hard enquiries 6. Check cibil report and immediately report to bank. 7. Patience 5-6 years time for 800 score. 8.
Currently I have 777 score in 4 years of credit history with 14 credit cards and 7 other loans including secured and unsecured loans and still waiting for 800+ score 😅
बिग फैन भाई जी बहुत कुछ सीखा है आपसे इस हिसाब से आप शिक्षक हो इस बैंकिंग सेक्टर में ❤❤❤❤❤❤❤
I have one doubt on credit utilisation ratio. Requesting to please clarify my doubt:- Credit utilisation ratio is calculated on all credit cards limit or every single card utilisation should be less than 30%. For example a person has 3 credit cards with a credit limit of (8L, 5L, 20k respectively) and a total of 13lakhs 20 thousand.... So he needs to maintain 30%utilization on each of the cards including 20K card as well (or) He can use all the 20K and rest other cards only 25% or 20% is used then total comes to be lesst than 30% right .... Which is correct ..pls let me know. Thanks.
@TradingInsights05
Жыл бұрын
Come on somebody reply on this I also want to know about 30% criteria
@deb444ful
Жыл бұрын
30℅ of total credit limit across all cards...
@TradingInsights05
Жыл бұрын
@@deb444ful thank u
@DeepakKumar-fq5hj
Жыл бұрын
30 % of total credit limit of all cc
@Raviarun
Жыл бұрын
Yes I have seen in cibil report too. Utilisation is based on total credit limit.
The credit utilisation calculation, it is based on individual credit card limit or cumulative credit limits of all cards?
@tanu6011
Жыл бұрын
total utilized of all cards/total available limit of all cards. You can max out on one card if you have multiple cards, beware of hdfc they don't report credit limit to cibil.
@Dajjal0002
Жыл бұрын
I think, Cumulative
@rajdeepsharma8249
Жыл бұрын
All credit limit 10L Use 3 lakh full limit any card Credit utilization 30% no problem Only 1 card use limit 50% Credit utilization 50%
NDXP personal loan shows in my CIBIL. How to remove or whom to contact for NDXP?
@adoxyrider7611
2 ай бұрын
@ankurio mere isme bhi par remove ho gya
How u get 6 axis card
sir mera credit score 780 tak jata hai, mai sabkuch timely pay krta hu but again 770 pe aa jata h, fir 2 months bad 780 ho jata hai fir wapis 770. 780 cross kyu nhi kr rha ye
@shripadwal3839
Жыл бұрын
Get a good credit mix of secured and unsecured credit. Like credit cards+ home loan/car loan. And have patience, score will go 780+
Card closer without settlement se cibil pr koi effects prta hai kya.?
Video starts 3:05
My CIBIL credit score is 791 when my credit score generated 2018 February CIBIL score 790🤗🤗🤗
@imran1994
Жыл бұрын
My cibil credit score is 760 and i am using one card from 7 months only 😒
I got 2 loan inquiries with in 2 months with out my knowledge hence purchased cibil subscription nd disputed they closed it saying resolved I disputed again nd they closed again no use. 😢
@TechnoFino
Жыл бұрын
Contact the bank, not cibil
Credit card utilization 50% se uper kar do or cibil me fark na pade to kesa rahe me 90% use karta hu credit card ko fir bhi cibil me 10-14% hi show hota he
776 100% on time payment
@TechnoFino Aap Bajaj Finserv World prime super card per video banaye na? Wo card lena chahiye ya nahi muze Ek bhi honest review wala video nahi mila KZread per abhi tak. 🙏🙏🙏🙏🙏
सही कहा है,
Much awaited video
How many upi transactions free in axis Bank?
5 year jaruri nhi mera 9 months main 801 ho gya tha us time mere pas sirf fd card tha icici ka and 1 paylater tha. Abhi mera cibil 789 h 16 credit card and 3 paylater account h. December se ab tak 21 enquiry h.
@ashish-india635
Жыл бұрын
आपके अनुसार अधिक लोन अकाउंट नही होना चाहिए।
@Manoj_Meena
Жыл бұрын
@@ashish-india635 utilisation bhi accha rakho
@ashish-india635
Жыл бұрын
@@Manoj_Meena mera utilisation 2-4 persent hai
Unsecured loan nhi lena but you have 45 account active konsa loan Mila h jo 45 account h
Sir what is mdr charges for rupay credit card upi and if there is no mdr for upto 2000 than there will be no fuel surcharge am I right?
@PradeepDhawanGeek
Жыл бұрын
MDR is much different than Fuel Surcharge,
Sir Mera cibil score 769 but loan application rejection
2 years me 777 he Mera CIBIL score he...
Nice...Information
My CIBIL 799
Hi i have 18 credit card account if any want to improve ur credit score pls don't apply HDFC BANK CREDIT CARDS because they are not updating properly of your credit card limit to CIBIL company
@akashtopder7251
Жыл бұрын
HDFC never reports credit limit to CIBIL
@nakulg
Жыл бұрын
Agree. I do have a good limit on hdfc but my CIBIL dosent reflect that amount in total limit and hence has a drastic impact on the final score
Mine 812 as per CRED
I three yrs credit history and my score is 780
My credit history is 1 year. 6 credit cards. CIBIL IS 808
@mitesh289
Жыл бұрын
Is it possible to have 850+ cibil score?
In 8-9 months my credit score is 801 with 2 credit card
Kaun kaun chahta hai sir apna full credit report show kre .. kitna credit card or kitna enquiry hai.. or loan amount in sir ke CIBIL report me..
798 pe rukha hai one year se
🎉🎉
Bhai kya mazak kare ho 5 year time for 800 plus CIBIL score bhai mene first Credit Card 2021 ke dec mein liya tha aaj mera cibil 838 hai
@TechnoFino
6 ай бұрын
Talking about cibil score, not experian score.
@MikeyGenZ
6 ай бұрын
@@TechnoFino CIBIL Score ki baat Kara hu mein bhi Offical CIBIL ki website se he check karta hu mein experience score 860 hai
@user-vf6wi2le2y
Ай бұрын
1st time mai zayada hee hoota hai , jab new cards ke liye apply karoge tab below 800 hee ho jayega . And only score matter nahi karta payment history bhi dekhi jaati hai.
782 cibil score he fir bhi credit cards nahi milta
Sir where you check CIBIL score
@loveshayari1864
Жыл бұрын
From cibil score website
@shashidharpatil9710
Жыл бұрын
@@loveshayari1864 thank you
@SanJanJayadevan
Жыл бұрын
Google Pay
@shashidharpatil9710
Жыл бұрын
@@ek_virus thank you
@shashidharpatil9710
Жыл бұрын
@@SanJanJayadevan in Google pay also we can check?
Mera 785 hai
@sushbhai-rl7cs
Жыл бұрын
wo experian hota h sir
@loveshayari1864
Жыл бұрын
Nahi ho sakta uncle knowledge lo
Mera 796 hey
Voice nhi AA rhi h aapki
Tuchiya aadmi