717 CIBIL Score

717 CIBIL Score - Simple tips to improve and secure better financial options.
CHECK SCORE
717 CIBIL Score
CHECK SCORE
3 mins read
26-Dec-2024

717 CIBIL Score - Is it good or bad?

A 717 CIBIL score is regarded as good in India, reflecting consistent financial discipline and creditworthiness. With this score, you are likely to qualify for a variety of credit products, including loans and credit cards, with favourable interest rates. Lenders consider a 717 score as low risk, which enhances your chances of approval. Improving this score further could unlock even more attractive financial terms and opportunities.

How to improve your 717 CIBIL Score?

To improve a 717 CIBIL score, focus on timely payments and keeping your credit utilisation low, ideally below 30%. Reducing outstanding debt and minimising new credit applications can positively impact your score. Regularly checking your CIBIL report for inaccuracies ensures that your score reflects your true creditworthiness. Practising these habits can steadily enhance your score, providing better access to premium financial options.

How does a 717 CIBIL Score impact interest rates?

A 717 CIBIL score generally allows you to access credit products with competitive interest rates, as lenders view this score as a sign of reliability. With this score, you are likely to receive favourable terms, though a higher score can secure the lowest available rates, reducing borrowing costs. A strong score also increases your eligibility for premium financial products.

Frequently asked questions

Is 717 CIBIL score good?
Yes, a 717 CIBIL score is considered good, reflecting strong credit behaviour. This score qualifies you for loans and credit cards with competitive interest rates. Improving it further can unlock even better financial terms.

Is 717 credit score bad?
No, a 717 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 can provide even more attractive options.

Can I get a 717 credit card with?
Yes, with a 717 CIBIL score, you can qualify for a credit card with favourable terms and a decent credit limit. Responsible usage and timely payments can improve your score further, potentially offering access to better credit options and rates in the future.

Is a 717 credit score needed for a loan?

A 717 credit score is not strictly required for a loan, but it is considered good. This score enhances your chances of approval and qualifies you for better terms, like lower interest rates and higher loan limits.

How much can you finance with a 717 credit score?

With a 717 credit score, you can finance significant amounts depending on your income and repayment ability. Lenders view this score favourably, offering higher limits and attractive interest rates.

What is the lowest CIBIL score for a personal loan?

The minimum CIBIL score for a personal loan is usually around 600. However, scores above 700 are preferred by lenders as they indicate better creditworthiness and provide access to competitive loan terms.

How to increase credit score from 717?

To improve a 717 credit score, ensure timely payments, lower credit utilisation, avoid unnecessary credit inquiries, and clear existing debts. Regularly reviewing your credit report for inaccuracies can also support further score improvement.

Show More Show Less

Related videos

Bajaj Finserv app for all your financial needs and goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finserv App to:

Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.

Explore and apply for co-branded credit cards online.

Invest in fixed deposits and mutual funds on the app.

Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.

Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.

Apply for Insta EMI Card and get a pre-approved limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.

Shop from over 100+ brand partners that offer a diverse range of products and services.

Use specialised tools like EMI calculators, SIP Calculators

Check your credit score, download loan statements and even get quick customer support—all on the app.

Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.

Do more with the Bajaj Finserv App!

UPI, Wallet, Loans, Investments, Cards, Shopping and more

GET THE APP

Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.