Yes, having a low CIBIL score can make it difficult to get approved for loans or credit cards. Therefore, regularly managing a CIBIL Score check and improving your score can increase your chances of being approved. Here’s a guide to improving your CIBIL score:

• Check Your Credit Report: The first step is to facilitate a CIBIL Score check and obtain a copy of your credit report from one of the major credit bureaus in India, such as CIBIL, Experian, Equifax, or CRIF High Mark. Review your report to ensure that all the information is accurate and up to date.

• Pay Your Bills on Time: One of the most important factors that affect your credit score is your payment history. Make sure that you pay all your bills, such as credit card bills, loan EMIs, and utility bills, on time. Delayed EMI payments or missed EMI payments can have a negative impact on your score.

• Keep Your Credit Utilization Low: Your credit utilization ratio is the amount of credit you are currently using compared to your total credit limit. It is recommended that you keep your credit utilization below 30% of your total credit limit.
  
• Use Credit Wisely: Avoid applying for too many credit products in a short period of time as this can indicate financial instability and lower your score. Also, avoid taking on too much debt and make sure that you can comfortably repay any credit that you do take on.

• Close Unused Credit Accounts: If you have any credit accounts that you are not using, consider closing them. Unused credit accounts can lower your score as they indicate that you have access to more credit than you need.

• Regularly Check Your Credit Report: Regularly managing a CIBIL Score check ensures that all the information is accurate and up to date. If you find any errors, file a dispute with the credit bureau and get them corrected.

Read also : How To Improve Credit Score Using Various Techniques?

By following these steps, you can improve your CIBIL score and increase your chances of being approved for loans and credit cards. However, improving your score can take time, so be patient and persistent in your efforts.