790 Credit Score: Is it Good or Bad?

A credit score of 790 is considered excellent in India. It reflects a high level of creditworthiness, backed by consistent repayment history, low credit utilisation, and financially responsible behaviour. With this score, lenders are more likely to approve your credit applications quickly, and you could access a wider range of credit products on better terms—helping you manage your financial goals more effectively.

In India, your credit score is assessed by four major credit bureaus— TransUnion CIBIL, Experian, Equifax, and CRIF High Mark. Although their scoring models differ slightly, a score of 790 is universally classified as excellent.

Lenders in India typically use a score of 750 as a benchmark for good credit. A score of 790 is well above this threshold and reflects dependable financial conduct. As a result, lenders consider you a low-risk applicant, offering better deals and faster approvals. It also qualifies you for exclusive financial products not available to those with lower scores.

A credit score of 790 opens doors to a wide variety of financial products on Bajaj Markets, all with competitive terms, faster disbursal, and minimal documentation:

Home Loans at Favourable Interest Rates

With a 790 score, you may qualify for home loans offering competitive interest rates, larger loan amounts, and longer repayment terms. Whether you're buying a house, constructing one, or refinancing an existing loan, lenders may offer faster processing and higher eligibility.

Pre-Approved Personal Loans

A 790 score could get you pre-approved offers from banks and NBFCs. These unsecured loans come with minimal documentation and instant disbursal, making them ideal for managing emergencies or planned expenses.

Bike Loans with Flexible Tenures

Two-wheeler loans become easier to access with an excellent score. You may get fully financed, lower interest rates, and much more flexible and longer tenure options. These loans are often secured against the bike and offer quick approvals.

Business Loans for MSMEs and Startups

If you're a business owner, a score of 790 could enhance your eligibility for business loans. These funds can be used for working capital, equipment upgrades, or expansion. You may also benefit from flexible repayment plans that align with your cash flow.

Professional Loans for Doctors, CAs, and Architects

Professionals with a strong credit score may access tailored loans for setting up clinics, upgrading infrastructure, or managing operations. These loans often offer higher amounts and longer tenures to match professional income patterns.

Top-Tier Credit Cards

A 790 score increases your chances of getting approved for premium credit cards. These cards come with higher limits, better rewards, and lifestyle perks like international lounge access, cashback offers, and complimentary services.

Maintaining your credit score requires consistency and smart financial habits. To continue enjoying the benefits of a high credit score, it’s important to follow disciplined financial habits:

Pay Bills and EMIs on Time

Timely repayments are crucial. Set reminders or opt for auto-debit to avoid missing due dates.

Keep Credit Utilisation Under Control

Try to use less than 30% of your available credit limit. This shows that you manage credit responsibly.

Check Your Credit Report Regularly

Review your credit report every few months to catch any errors or fraudulent activity early.

Avoid Multiple Credit Applications

Each application triggers a hard enquiry. Too many in a short span can hurt your score

Maintain a Balanced Credit Mix

A healthy mix of secured and unsecured loans shows maturity in handling different types of credit.

Keep Older Credit Accounts Open

Older accounts help build a longer credit history, which positively impacts your score.

Here’s how you can strengthen your credit score further and aim for a perfect 850:

Keep credit usage under 20%

It shows strong financial discipline, and keeps your credit score healthy over time.

Don’t close old credit accounts

Older accounts add to your credit history length, contributing positively to your credit score.

Pay more than the minimum due

Clear your dues in full where possible, to reduce outstanding balances faster and save on interest.

Check your report every few months

Stay informed and correct any mistakes before they affect your score or lead to issues.

Apply for new credit only when needed

Too many applications can harm your score, reducing your chances of getting approved for credit in the future.

 

An excellent credit score can fall if not managed well over time. To keep your score in top shape, take proactive measures to safeguard your financial health and prevent any sudden declines. Here’s how you can protect and maintain your creditworthiness:

Check Your Credit Report for Errors

Look for incorrect entries, missed payments, or misreported balances. Raise disputes if needed.

Pay Your Bills on Time

Late payments are among the biggest contributors to a score drop. Set up auto-payments to stay on track.

Reduce Your Credit Utilisation

If your usage exceeds 30%, try to bring it down gradually. Lower utilisation reflects well on your credit profile.

Diversify Your Credit Mix

If you only use one type of credit, consider adding a secured loan or low-limit credit card to improve your score.

Avoid Multiple Applications

Spread out loan and credit card applications to reduce the impact of hard enquiries.

Settle Outstanding Dues

Clear any overdue balances. Ensure your accounts reflect as ‘closed’ or ‘paid in full’ in your report.

A credit score of 790 in India is an excellent indicator of financial credibility. It qualifies you for better loan terms, faster approvals, and high-limit credit cards. By maintaining healthy financial habits and monitoring your credit regularly, you can preserve this score or even improve it further—unlocking even more financial opportunities in the future.