A credit score is a vital component in the home loan approval process, influencing not only the likelihood of receiving a loan but also the terms offered. In India, credit scores range from 300 to 900, with scores above 750 generally considered excellent, leading to faster approvals and lower interest rates. Conversely, scores below 650 can result in higher rates or outright rejection, according to Crif High Mark, a credit information company licensed by the Reserve Bank of India (RBI). Lenders also consider factors beyond the score, such as repayment history and active equated monthly installments (EMIs). Even a slight interest rate increase can lead to significant additional costs over the loan's duration. To enhance your credit score before applying for a home loan, it's advisable to check your score regularly, clear existing debts, avoid multiple loan applications, and ensure timely payments on all financial obligations.