India has four certified credit rating agencies that provide credit score for every person in India. These agencies are,– CIBIL™– Equifax– Experian– CRIF Highmark
A CIBIL™ score closer to 300 is considered to be a poor credit score
Credit Score closer to 900 is considered to be a good credit score as per the bank.
HDFC Bank prefers the applicants to have a credit score of 750 and above to be eligible for the personal loans of the bank.
The very minimum CIBIL score required by the applicants to be considered for HDFC Bank personal loans is 700.
HDFC Bank provides personal loans to applicants that have CIBIL score of lower than 700 in certain cases.