789 Credit Score – Is It Good or Bad?

A credit score of 789 is deemed outstanding in India, because it reflects strong repayment history, low credit utilisation, and responsible financial behaviour. With a score this high, you are viewed as a low-risk borrower by banks and NBFCs. This not only increases your chances of loan approvals but also helps you secure favourable terms such as lower interest rates, higher loan amounts, and access to exclusive credit card benefits.

In India, credit scores are issued by four primary bureaus, namely TransUnion CIBIL, Experian, Equifax, and CRIF High Mark. Each bureau uses a slightly different scoring scale, but a score of 789 falls within the top category across all.

Lenders in India generally consider any score above 750 to be good. A score of 789 is comfortably above this benchmark, placing you in the excellent category. Lenders view individuals in this range as highly trustworthy and financially stable. As a result, you’re more likely to receive better deals, quicker disbursals, and access to premium financial products.

With a 789 credit score, you can explore several credit options with flexible terms, minimal documentation, and attractive rates. Here’s what you can expect on Bajaj Markets:

Home Loans at Favourable Interest Rates

You can apply for home loans with competitive interest rates, offering flexible repayment terms over extended periods. These loans are processed efficiently with minimal documentation, making them a convenient option for potential homebuyers seeking financial support.

Pre-Approved Personal Loans

Personal loans are available with quick disbursal and minimal paperwork. Based on your credit profile, you may receive pre-approved offers, providing flexible borrowing amounts and repayment periods that can be tailored to your financial needs.

Bike Loans with Flexible Tenures

Two-wheeler loans offer financing for the full on-road price, with low interest rates and flexible repayment terms. Quick approvals and simple documentation ensure an easy borrowing process, allowing you to finance your preferred two-wheeler hassle-free.

Business Loans for MSMEs and Startups

Business loans are available to support various needs such as working capital, expansion, and equipment purchases. With fast processing and minimal paperwork, these loans provide flexible funding options, helping businesses thrive and grow effectively.

Professional Loans for Doctors, CAs, and Architects

Tailored loans for professionals like doctors, chartered accountants, and architects provide funding to meet specific financial needs. These loans come with flexible repayment terms and competitive interest rates, allowing professionals to manage their financial requirements smoothly.

Top-Tier Credit Cards

Premium credit cards come with a variety of benefits in travel, shopping, and lifestyle categories. These cards offer perks such as cashback, rewards, and exclusive lounge access, along with higher credit limits and flexible billing cycles to cater to your spending habits.

Maintaining a high score like 789 involves staying financially disciplined. Follow these simple habits:

Pay all EMIs and credit card bills on time

Set reminders or enable auto-debit to ensure timely payments, avoiding any delays and penalties, which can negatively impact your score.

Keep credit utilisation below 30%

Avoid going beyond your credit limit, as maintaining a low usage ratio shows financial responsibility, helping improve your creditworthiness over time.

Avoid multiple credit applications in a short period

Too many enquiries in a short span can negatively impact your credit score, as lenders may view it as risky behaviour, indicating financial instability.

Check your credit report regularly

Identify and fix any discrepancies, such as incorrect balances or missed payments, which could affect your credit score and financial health.

Maintain a good credit mix

Identify and fix any discrepancies, such as incorrect balances or missed payments, which could affect your credit score and financial health.

If you're aiming for a perfect score, here’s how you can push further and fine-tune your credit habits to achieve even better financial health:

Keep utilisation below 20%

This shows excellent credit management, as it reflects responsible borrowing and spending habits, positively influencing your credit score.

Retain old credit accounts

Longer credit histories boost your score, as they demonstrate your ability to manage credit responsibly over time, enhancing your financial profile.

Pay more than the minimum due

Clearing debt faster improves your score, as paying more reduces your outstanding balance quicker, reducing interest charges in the long run.

Avoid new credit unless necessary

Frequent credit enquiries impact your score, as they may signal to lenders that you’re in financial stress or over-extending yourself.

Monitor your credit report every few months

Stay ahead of any issues by reviewing your report regularly, allowing you to spot errors or fraudulent activity that may affect your score.

Even a great credit score can decline if not properly managed over time. To ensure your score stays high, follow these proactive steps to maintain your financial health and avoid any unexpected drops. Here's what you should do to protect your creditworthiness:

Review your credit report thoroughly

Go through your credit report carefully to spot any missed payments or inaccuracies.

Clear any outstanding dues

Settle any pending EMIs or credit card bills without delay.

Pause new credit applications

Avoid applying for new credit for a while to allow your score to recover.

Set up payment reminders

Use reminders or auto-pay options to make sure all future payments are on time.

Do not close old accounts

Keeping your old credit accounts active will help contribute positively to your credit history.

A credit score of 789 in India is a sign of excellent credit behaviour. It helps you qualify for better interest rates, faster approvals, and access to high-value loans and premium credit cards. With consistent financial habits and regular monitoring, you can maintain or even improve your score—paving the way for long-term financial growth and stability.