Car Loan · Fair band

    Car Loan for a 600 CIBIL Score

    A car loan is secured against the vehicle, so a 600 CIBIL score can still get financed — just at a higher rate and often with a bigger down payment. Lenders lean on the car as collateral and on your income.

    At a glance: car loan at 600

    CIBIL score
    600
    Score band
    Fair (550–649)
    Typical rate
    11.5–15% p.a.
    Approval outlook
    Approvable at higher rates; a larger down payment strengthens your case.

    At 600, expect NBFCs and select banks at rates around 11.5–15% p.a., with a lower loan-to-value ratio, so you fund more of the on-road price upfront. A steady income and a modest loan amount improve approval odds.

    Next step: A larger down payment lowers the lender's risk and can secure approval at 600. Still, nudging your score above 650 noticeably cuts the rate on a 5–7 year car loan.

    How to improve your CIBIL score

    Whatever your score today, the fundamentals are the same. Steady, consistent habits are what move a CIBIL score — there is no legitimate shortcut.

    • Pay every EMI and credit-card bill on or before the due date — payment history is the single biggest factor.
    • Keep credit-card utilisation under 30% of your total limit.
    • Avoid multiple loan or card applications in a short window — each triggers a hard enquiry.
    • Keep your oldest credit card active to preserve a long credit history.
    • Check your report regularly and dispute any genuine errors that drag your score down.

    For a step-by-step plan, read our pillar guide: How to improve your CIBIL score.

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    Frequently asked questions

    Pillar guide

    How to improve your CIBIL score →

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    Car Loan for a 650 CIBIL score →

    Interest rates shown are indicative ranges for guidance only and are not loan offers. Actual rates and eligibility vary by lender, income, and profile. Last updated 2026-07-02.