The CIBIL ™ score depends on the repayment history of the customer. So, taking a fixed deposit will not impact your CIBIL ™ score directly. But, you can always take a secured credit card against the existing FD and make timely payment of bills to improve your CIBIL ™ score. 

Ways To Improve Your CIBIL ™ Score

  • Making small payments throughout the month using your credit card. These small and multiple payments help in improving your credit utilization ratio which is an important factor in the computation of your credit score. 
  •  Getting a credit card with a higher limit and not using it to the fullest.
  • Using postpaid bills and credit cards that have been used for a very long time etc. can really help in improving credit score for people who have little credit experience. It will expand your credit history and lower your CUR. 
  • Taking lines of credit in various forms such as secured and unsecured loans and credit cards etc.