Is 712 CIBIL score good?

Yes, a 712 CIBIL score is considered good, reflecting dependable credit behaviour. This score makes you eligible for loans and credit cards with competitive interest rates. Improving it further can unlock even better financial terms.

Is 712 credit score bad?

No, a 712 credit score is not bad; it’s classified as good. This score indicates responsible financial habits, enhancing your eligibility for credit products with favourable terms. A higher score could offer even more attractive options.

Can I get a credit card with 712 score?

Yes, with a 712 CIBIL score, you can qualify for a credit card with favourable terms, including a decent credit limit. Responsible usage can further improve your score, providing access to even better credit options and interest rates in the future.

Is a 712 credit score needed for a loan?

A 712 credit score is not mandatory for loan approval, but it is a good score that improves your chances of approval. Lenders often offer better terms, such as lower interest rates, for such scores. Check your eligibility for personal loan using just mobile number and OTP – 100% online process.

How much can you finance with a 712 credit score?

With a 712 credit score, you can finance significant amounts based on your income and repayment ability. Lenders see this score as creditworthy, enabling access to higher loan limits with favourable terms. You can check if you have a pre-approved loan offer with just your phone number and OTP.

What is the lowest CIBIL score for a personal loan?

The minimum CIBIL score for a personal loan is typically 650. However, a score above 700 is preferred by lenders, as it reflects lower credit risk and ensures better loan terms and interest rates.

How to increase credit score from 712?

To boost a 712 credit score, make timely payments, lower your credit utilisation ratio, avoid frequent credit inquiries, and clear outstanding debts. Regularly reviewing your credit report for errors also supports consistent improvement.

Is a CIBIL 712 Score Good? What it Means to You?

Rs. 40000 - Rs. 55 lakh

Calculate your EMIs

You may be eligible for a pre-approved offer

Check now

Enter mobile and OTP | Check offer | No branch visit needed

712 CIBIL Score - Is it good or bad?

A 712 CIBIL score is generally considered good in India, indicating trustworthy creditworthiness and disciplined financial habits. With this score, you are likely to qualify for loans and credit cards at favourable terms, as lenders view it positively. This score reflects reliable credit behaviour, providing you access to competitive interest rates. Further improving your score can help you secure the best terms and higher credit limits.

✅ Check your pre-approved loan offer with phone number and OTP → Apply online in 5 minutes → Receive funds within a day*.

Show Less

How to improve your 712 CIBIL Score?

To improve a 712 CIBIL score, focus on maintaining timely payments and low credit utilisation, ideally below 30% of your credit limit. Avoid frequent credit applications to reduce inquiries and minimise outstanding debt to enhance your credit standing. Regularly reviewing your CIBIL report to correct any errors will ensure your score accurately reflects your financial behaviour, gradually opening more attractive financial options.

Show Less

How does a 712 CIBIL Score impact interest rates?

A 712 CIBIL score allows you to access credit products with competitive interest rates, as lenders view it as a positive indication of creditworthiness. While you already qualify for favourable rates, pushing your score higher can secure the lowest possible rates, ultimately reducing your borrowing costs. A higher score also provides greater flexibility and access to premium financial products.

Show Less

How to apply for personal loan

Click on ‘CHECK ELIGIBILITY’ on this page.
Enter your 10-digit mobile number and the OTP sent to your phone.
Check if you have an offer. If not, fill in the application form with your basic loan details, such as your full name, PAN, date of birth, and PIN code.
Now, click on ‘PROCEED’ to visit the loan selection page.
Enter the offer or loan amount that you need. Choose from our personal loan variants.
Choose the repayment tenure and click on ‘PROCEED’.
Complete your KYC and submit your application.

Our representative will contact you for further steps.

Check your eligibility for personal loan using just mobile number and OTP – 100% online process.

Show Less

Type of fee	Applicable charges
Rate of interest per annum	10% to 30% p.a.
Processing fees	Up to 3.93% of the loan amount (inclusive of applicable taxes).
Flexi Facility Charge	Term Loan – Not applicable Flexi Loans –Up To Rs 1,999 To Up To Rs 18,999/- (Inclusive Of Applicable Taxes) Will be deducted upfront from loan amount.
Bounce charges	Rs. 700 to Rs. 1,200/- per bounce “Bounce charges” shall mean charges for (i) dishonor of any payment instrument; or (ii) non-payment of instalment (s) on their respective due dates due to dishonor of payment mandate or non-registration of the payment mandate or any other reason.
Part-prepayment charges	Full Pre-payment: Term Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount as on the date of full pre-payment Flexi Term (Dropline) Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount, as on the date of full prepayment. Flexi Hybrid Term Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount, as on the date of full prepayment. Part Pre-payment Up to 4.72% (Inclusive of applicable taxes) of the principal amount of Loan prepaid on the date of such part Pre-Payment. Not Applicable for Flexi Term (Dropline) Loan and Flexi Hybrid Term Loan.
Penal charge	Delay in payment of instalment(s) shall attract Penal Charge at the rate of up to 36% per annum per instalment from the respective due date until the date of receipt of the full instalment(s) amount.
Stamp duty (as per respective state)	Payable as per state laws and deducted upfront from loan amount.
Annual maintenance charges	Term Loan: Not applicable Flexi Term (Dropline) Loan: Up to 0.295% (Inclusive of applicable taxes) of the Dropline limit (as per the repayment schedule) on the date of levy of such charges. Flexi Hybrid Term Loan: Up to 0.472% (Inclusive Of Applicable Taxes) Of The Dropline Limit During Initial Tenure. Up to 0.295% (Inclusive Of Applicable Taxes) Of Dropline Limit During Subsequent Tenure

5 ways to maintain a good credit score

Jan 28, 2026

how-outstanding-debt-affects-your-credit-score 2

How is Your CIBIL Score Calculated?

May 25, 2021

How to check CIBIL credit score online and offline

May 25, 2021

Jan 20, 2026

Disclaimer

Bajaj Finance Limited has the sole and absolute discretion, without assigning any reason to accept or reject any application. Terms and conditions apply*.
For customer support, call Personal Loan IVR: 7757 000 000

712 CIBIL Score

Loan Types

Calculator

FAQs

Video

Rs. 40000 - Rs. 55 lakh

712 CIBIL Score - Is it good or bad?

How to improve your 712 CIBIL Score?

How does a 712 CIBIL Score impact interest rates?

How to apply for personal loan

Key offerings: 3 loan types

Personal loan interest rate and applicable charges

Not your nearest branch?

Related articles

Disclaimer

Loans

Insurance

Finance for Professionals

Investments

Pocket Subscription

Bajaj Mall

Services

Wallets & Cards

Value Added Services

Payments

712 CIBIL Score

Loan Types

Calculator

FAQs

Video

Rs. 40000 - Rs. 55 lakh

712 CIBIL Score - Is it good or bad?

How to improve your 712 CIBIL Score?

How does a 712 CIBIL Score impact interest rates?

How to apply for personal loan

Key offerings: 3 loan types

Personal loan interest rate and applicable charges

Not your nearest branch?

Related articles

Related Links

Disclaimer