Question
What credit score do I need for a home or business loan?
Answer
Bottom line: A CIBIL score of 750 or above is generally preferred, on a scale of 300 to 900.
1. The range
300 to 900 — a higher score means lower risk to the lender.
2. Preferred band
750+ improves approval odds and gets you a better rate.
3. No fixed rule
Each lender sets its own cut-off, so it is a norm, not a statutory minimum.
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This answer is general information based on the law as it stood when written and is not professional advice on your specific situation. Verify the current position and consult a qualified professional before acting. See our disclaimer.