February 17, 2026 · 5 mins read
Santosh Kumar
Because you’re also helping parents who will put in for home loans in the future with their credit profiles. A strong credit score will enhance your qualifications, boost your likelihood of approval and allow you to obtain a better interest rate on your housing finance. But most parents in India either don’t have a credit history, or have a very thin credit history because they receive an irregular income or have never taken out a loan before, or don’t have formal financial records. Credit builders and fintech platforms now offer clear pathways for consumers to build a trustworthy credit history. This now includes credit builder cards, credit monitoring tools and repayment tracking systems and fixed deposit backed credit products.
A mortgage is most often a long-term loan, and lenders consider a borrower’s credit record to gauge repayment ability and fiscal responsibility. A good credit score is a signal of reliability that you pay your bills on time and don’t max out your credit cards.
Even parents who start early with their child’s credit can evidence financial stability when they later apply for housing finance. This can lead to better loan terms, lower rates and quicker approvals. It also minimizes your reliance on co-applicants or guarantors by building a credit history.
Credit building companies facilitate this by providing tools that encourage users to foster good financial habits, track their credit progress, and stay on top of their repayment history.
India’s credit builders target people who want to either build a credit profile from ground zero, or bolster an existing one. They usually offer easier-to-access credit products than traditional borrowing.
A lot of credit builder programmes provide fixed deposit backed credit cards, with the credit limit attached to a security deposit. This lowers credit risk, and lets users develop repayment history. On time payments and usage is reported to credit bureaus, slowly building scores.
Certain platforms further offer credit tracking services, enabling users to monitor their credit reports and comprehend the elements influencing their scores.
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Credit monitoring services are crucial in credit building. These tools enable parents to monitor their credit score fluctuations, repayment records and pinpoint areas to improve.
Routine checking also can catch mistakes in credit reports and verify that all financial activity is correctly documented. A lot of credit building companies will also offer tailored advice on optimising credit utilisation, balances and payment consistency.
These types of services promote financial consciousness and assist parents in establishing habits that build out their credit footprint with time.
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Secured credit products are some of the greatest weapons in the arsenal for thin file borrowers. Such products also need a fixed deposit or security amount which decides the credit limit. Since the deposit functions as collateral, approval is typically simpler and doesn’t necessarily require excessive income documentation.
Parents can take advantage of secured credit cards for regular expenses like utility bills, grocery shopping or subscriptions. Regular repayments go a long way to establishing good credit history, which is invaluable when you’re gearing up for home loan applications down the line. With time, responsible use of secured credit products can help you qualify for higher limits and more sophisticated products.
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ZET is a credit score builder platform that helps individuals with little to no credit history build a credit profile. There are fixed deposit backed credit cards for newbies like parents that want to get ahead for their future dream home.
ZET credit cards operate by tying the credit limit to a fixed deposit, acting as collateral. They can use up to the authorized amount while still accruing interest on the deposit. These are reported to credit bureaus, so regular card use and on-time repayment helps build a solid credit history.
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A good credit score is generally established within 6 months to a year, depending on the repayment history, the total amount of credit available, and whether or not you've consistently made monthly payments. Using credit responsibly can help you establish your credit score more quickly.
Secured credit cards do a good job of establishing credit because they require a deposit, and obtaining one is an easier process than with an unsecured card. By using the secured card regularly and paying the balance on time, you will build a good credit history.
Yes, numerous fintech platforms provide access to specialize credit and support activities such as repayment tracking and credit monitoring that encourage responsible use of credit, thus improving your ability to qualify for a mortgage.
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