CIBIL Score Required to Get a Home Loan

Home loans bring you closer to making your dream of owning your own space a reality. To approve a home loan, the first factor a lender considers is the borrower’s CIBIL score. Only if the credit score falls within the required criteria the lender approves the loan application for further processing.

In this article, we look at how much CIBIL score is required for a home loan and how to check your CIBIL score for your loan. 

Read More About : Does Foreclosure Affect Your CIBIL Score?

What Is A Good CIBIL Score For a Home Loan?

The minimum required CIBIL score for a home loan is not explicitly stated. However, lenders expect a CIBIL score of at least 750 from the borrowers to process the loan application. A CIBIL score of 750 or above will tell the lender that the individual can repay the loan as per the agreed-upon terms. 

If an individual's CIBIL score is between 750 and 650, he/she can still get the home loan, except at higher interest rates and a shorter repayment tenor.

To know how much CIBIL score is good for a home loan, check the lender’s requirements. 

Importance Of CIBIL Score for a Home Loan?

CIBIL score has a significant impact on whether a loan is approved.

CIBIL score determines a borrower's creditworthiness. A good CIBIL score typically increases a person's chances of getting a home loan approved. Lenders will view a borrower as creditworthy if they have a CIBIL score of 750 or higher because they know they have previously paid their debts on time

However, if the CIBIL score is low, the lender may even deny the applicant's request for a home loan. 

How To Calculate CIBIL Score For Home Loan?

Before approaching a lender for a home loan, you must check your CIBIL score to calculate if your score satisfies the requirements of the lender. You can check your CIBIL score for home loans by following these simple steps. 

You can also subscribe to CIBIL and become a paid member. You can receive daily updates and alerts based on your credit score with a paid membership. 

Can I Get A Home Loan With a Low CIBIL Score?

It is difficult to get a home loan with a low CIBIL score but not impossible. You can try the below methods to secure a home loan on a low CIBIL score.


A CIBIL score is essential for securing a home loan with lower interest rates and longer tenure. It allows borrowers to negotiate loan terms to suit their financial needs. A good credit score also fastens the loan approval process and decreases the chances of loan rejection. Hence, you must improve your credit score before applying for a home loan. 

Impact of CIBIL Score On Home Loans - Related FAQs

Yes. A CIBIL score of 750 is considered 'excellent' and increases your chances of securing a home loan.

You can go to the website of lenders and check their CIBIL score requirements for a home loan. You can then check your credit score for free using moneyview’s credit tracker

If your CIBIL score is low, provide proof of steady income or add a guarantor to your application to demonstrate your creditworthiness to the lender. 

No. moneyview does not offer home loans. We offer a personal loan of up to 10 lakhs, which you can use to construct your home or renovate it to your liking. 

It might be very difficult but you can still get a home loan. You must provide the lender with enough evidence that you can repay the loan using your income or a co-signer. 

Credit Score Related Links

Was this information useful?

300 characters allowed (alphanumeric and special characters such as comma, full stop, @, ", &)

Thank you. Your feedback is important to us.

Green Tick Success

Thank you for your interest!

We will reach out to you shortly