When it comes to loans, the CIBIL score is a major factor. A good score enables you to receive the loan quickly and at a lower cost of borrowing. Nevertheless, the same question is being asked by the majority of people: What is the fastest way to increase CIBIL score?
The answer is not very complicated. The right procedure followed alongside your consistency will lead to a rapid improvement in your score. In this guide, you will learn the fastest way to increase CIBIL score, along with easy actions that even a beginner can follow.
Let’s go back to the fundamentals.
What Is a CIBIL Score?
A CIBIL score is a numerical representation that ranges from 300 to 900. It is something that lenders check before granting you any loan.
- 750+ score – Excellent
- 700-749 – Good
- 650-699 – Average
- 600 or below – Needs improvement
If your score is low, don’t be upset. By practising some easy habits and smart planning, you can still follow the fastest way to increase CIBIL score.
CIBIL Score Range and What It Means
| CIBIL Score | Meaning | Loan Approval Chances |
| 750–900 | Excellent | Very High |
| 700–749 | Good | High |
| 650–699 | Average | Moderate |
| 550–649 | Low | Low |
| Below 550 | Very Low | Very Low |
Fast Ways to Improve Your Score Quickly
If you want to raise your CIBIL score, here are the quickest and most efficient ways:
- Always Make Timely Payments
The biggest reason for a credit score drop is late payments. Therefore, it is advisable to always pay your EMIs, credit card bills, and other dues before the due date.
- Minimise Credit Card Payments
It’s better to use about 30% or less of your total credit limit. For example, if your credit card limit is ₹50,000, then it is advisable to keep the balance below ₹15,000.
- Do Not Apply for New Credit Too Often
Every time you apply for a new loan or card, a “hard inquiry” is made, which can lower your score temporarily. Only apply when needed.
- Have a Good Credit Mix
Having different types of credit, e.g. credit card + small loan, is appreciated by the lenders as this mix indicates that you can handle the debt wisely.
- Look for Errors on Your Credit Report
Credit may be affected by errors such as wrong account entries or duplicated loans. Therefore, if you spot any, raise disputes.
How Olyv Can Help You Increase Your CIBIL Score Fast
Using Olyv the right way can speed up your credit improvement process. Here are the details,
- Credit Monitoring – With Olyv Plus, you can see your CIBIL score instantly, receive monthly updates and notifications regarding fraud, and check your score continuously.
- Dispute Errors with Ease – In the case of credit report discrepancies, Olyv supports you in the dispute process and helps you with the corrections.
- Flexible Loans for Low Score – Even with a low CIBIL score (about 500), you can still get personal loans from Olyv that are based on your income and repayment ability instead of just your credit history.
- Smart Tips and Alerts – Olyv gives you actionable advice like reducing your debt or paying EMIs on time, which are key credit score improvement tips.
How Olyv Features Help with Credit Improvement
| Olyv Feature | How It Helps You | Effect on CIBIL Score |
| Real-time Score Monitoring | See your score changes immediately | Helps you adjust your habits quickly |
| Dispute Management | Correct wrong entries in your credit report | Prevents negative, wrong information from hurting your score |
| Credit-building Loans | Loans for people with low/no credit | Builds a positive repayment history |
| Low-SCORE Loans | Gives loans even if your credit score is low | show responsible borrowing and repayment |
Daily Habits for Quick Credit Improvement
Straightforward daily habits are as follows,
- Set up automatic payment or reminders to ensure payment is made on time.
- Use Olyv to monitor your credit every month at least once.
- Keep your credit card use below 33% of your limit.
- Try not to acquire any new credit unless it is really necessary.
- Make use of Olyv’s credit-building tools if your credit history is weak.
Why Your Credit Score Might Not Improve Despite Efforts
In some cases, the reason your score doesn’t increase very fast is,
- Credit card usage is still high.
- You’ve applied for many loans recently.
- There are uncorrected mistakes on your credit report.
- You don’t have a varied credit mix.
- Payments are not consistent.
Conclusion
The fastest way to increase your CIBIL score is not magic. It’s a mix of smart habits and using the right tools. Pay your bills on time, reduce your credit card debt, and correct any mistakes.
Olyv is one of the best tools you can use: it gives real-time credit monitoring, score-building loans, and helpful insights to guide your journey. With consistent steps and patience, your CIBIL score can improve faster than you think.
Start using Olyv today, stay disciplined, and watch your credit health grow.
