The CIBIL Score plays in a significant in determining your credit eligibility for a loan or credit card. When an individual applies for a loan or credit from a bank, the bank will look into various parameters to assess your eligibility. The CIBIL Score or a credit score is one of the most important factors that the bank looks into while reviewing applications. The credit score is derived from all the information that is included in the CIBIL Credit Information Report (CIR). You can find the details of your credit repayment history, details of loan/credit accounts under your name, and various other personal basic details on the CIR.
It is important to review your own credit report periodically to ensure that no incorrect details are entered in your report. Additionally, it is a good practice as well considering the fact that you can notice trends and factors that are responsible for the increase or decrease in the credit score.
If you are looking to check your own credit score, you will need certain basic details along with the PAN card number. You are also required to make a fee payment to access the credit score. If you are checking your credit card once-a-year, CIBIL can provide you with a free credit score. Currently, there is no other website that can provide you with a CIBIL Score that is more accurate and up to date than CIBIL itself. Follow these steps to obtain your CIBIL Score from their official website:
Why do we need PAN Card details to check the CIBIL Score?
PAN Card is a common document that can identify an individual by using the unique PAN Card number. Moreover, PAN is also associated with all financial and bank accounts of most individuals. PAN makes it easier for the credit bureaus to locate your details efficiently. When you use the PAN Card number for viewing your CIBIL score, it is not used for any other purpose other than locating your credit information and authenticating it by using associated details.
If you do not have a PAN Card, you can still request for your CIBIL Score by using the identity proof number mentioned on the Passport, Voter ID, or the Driver’s Licence.
Follow these steps to check your CIBIL Score by using the PAN Card:
- Visit - https://www.cibil.com/ (CIBIL’s official website)
- Click on the top right option that says ‘Get Your Credit Score’, or
- Visit https://www.cibil.com/creditscore/ directly
- Choose a subscription method, if applicable
- Enter your PAN Card number
- Enter your e-mail address
- Enter Date of Birth
- Select the Gender
- Enter the captcha code
- Acknowledge the terms and condition
- Click on “Procced to Payment’
If you had checked your CIBIL Score/CIR earlier, you can use your e-mail ID and password to access the existing information. If you are checking the credit information for the first time, the website will redirect you to the payment page. Once you make the payment, you can choose the mode of delivery of the score and the report. You can get a physical copy of the report mailed to your address through postal or you can choose to receive an electronic copy via an email.
If you do not have a PAN Card number, you can use your basic personal details such as Name, Date of Birth, Identity Proof number of another document, Address, the and telephone number to request for the CIBIL Score.