A CIBIL score is a three-digit numeric summary of your credit history, ranging from 300 to 900, and is one of the key factors lenders consider when evaluating a loan application. 

A score: 750–900 is excellent.700–749 is good.650–699 is average.Below 650 is considered poor.

Lenders use this score to decide:

Whether to approve your loan.

What interest rate to offer.

What loan amount to sanction.

Whether to ask for collateral or a co-applicant.