Good CIBIL score

There is no good or bad score per se but it is found that lenders tend to avoid or be extra cautious granting credit to borrowers with a score less than 700 with CIBIL for secured loans like home loan. For unsecured loans like personal loan and consumer loans, banks in India tend to target customers with a score of 750 or above. 

Credit Score Estimate	What it may mean for your credit health?
750 - 900	Excellent Score reflecting impeccable and consistent past repayment track record You are likely to get loans at most competitive interest rates from best banks Subject to eligibility and credit report, you should be able to easily obtain secured loans like home loan and car loan and unsecured loans like personal loan and credit cards
700 - 750	Fairly good score reflecting fair past repayment track record You are likely to get loans at competitive interest rates from banks Subject to eligibility and credit report, you should be able to easily obtain secured loans like home loan and car loan.  Before sanctioning unsecured loans like personal loan and credit cards, banks are likely to conduct further credit analysis
550 - 700	Lower score reflecting some delays or irregularity of loan repayment in the past Many lenders may avoid sanctioning you loans except with significant credit check Banks and finance companies may still consider your loan application subject to high collateral and low LTV Interest rates offered may be relatively higher
300 - 550	Reflects a history of multiple delinquencies and/ or over leverage Your credit report is likely to list more than one write-offs/ settlements/ over due payments Extremely difficult to obtain loans from organized lenders.