Whoever said wishes don’t come true hasn’t explored our offers!
  • Loading your search...
  • Steps to Generate Free Credit Report and Check your Credit Score

    A Credit Report is a comprehensive and detailed statement of an individual’s history with regard to his activities in the credit market. Credit agencies track all of his/her activities and equate it to a number between 300 and 900. This number helps lenders determine the risk factor of loaning money to a particular creditor. Generating a report directly from a credit agency can cost you close to Rs.1000 on average. Here’s how you can generate yours for free on Bankbazaar.com.

    • Log into https://www.bankbazaar.com
    • Click on ‘Get your FREE Credit Score’ seen on the homepage
    • If in case you don’t see it on the homepage, click on the menu dropdown on the top, right hand corner of the site and click on ‘Credit Score’
    • The site will then prompt for your gender. Click on your gender
    • You will then be asked to provide your age. Select your age, click on the month and year, followed by the date
    • Next, you will have to select the city you reside in
    • You’re only a few steps away. Select on the company you work for from the list provided or simply type in the name of the company
    • Mention your monthly salary after excluding all the deductions
    • Fill in your personal details
    • You will then be sent an OTP in your mobile phone. Type in the OTP in the space provided
    • Enter your PIN code followed by your PAN card details and wait for the site to fetch your credit score
    • You will then see your Credit Score with the detailed credit report sent to your e-mail ID

    One must note that all the information provided to Bankbazaar will be kept confidential and the credit score will not be affected by requesting for it by following the above mentioned steps.

    Why Credit Report is Important?

    Credit report, managed by credit information bureau India (CIBIL), It shows your creditworthiness. CIBIL is one of the leading and erstwhile credit information companies that collects and maintains credit information of residents.

    Higher the Credit Score, more favorable it is to get a loan or a credit card application approved. The credit reports are generated by CIBIL based on the credit information that is collected by banks and financial organizations on a regular interval.

    Importance of Credit Report

    CIBIL is also popularly known as TransUnion CIBIL limited. When you apply for a loan or a credit card, the banking as well as non-banking financial organization look into the Credit Report prepared by CIBIL. Based on the report, the lenders either approve a loan or reject it.

    If the credit score is higher, chances of a loan getting approved at a favorable tax amount is higher. But, if the credit score is below 700, the report reflects defaults and the interest rate on the loan may be higher. A loan application gets rejected if the score is below 500. This shows multiple defaults and poor credit transactions.

    Guidelines to Achieve a Good Credit Score

    Building a pleasing CIBIL Score involves multiple factors and is primarily based on credit history. Below mentioned are the few important factors that can accelerate the credit score:

    • Pay all your credit card dues and EMIs on time to keep the outstanding debt in control
    • Restrict multiple credit card enquiries as it may project you as credit hungry and plummet your credit score
    • Clear all the credit card balance on-time as this significantly enhances the credit score
    • Maintain a lower credit rating as the usable credit versus how much you are using greatly influences your credit score.
    • Never close your old credit card account as it improves your Credit Score

    How to Check CIBIL Score on BankBazaar’s website?

    Checking the credit score, using bankbazaar’s free credit score app is easy. Follow the below mentioned steps to check your credit score:

    • Visit the bankbazaar’s website that is
    • Click on ‘Get your FREE Credit Score’ tab on the homepage
    • If in case you don’t see it on the homepage, click on the menu dropdown on the top, right hand corner of the site and click on ‘Credit Score’
    • The site will then prompt for your gender. Click on your gender
    • You will then be asked to enter your age. Click on the month and year, followed by the date
    • Next, you will have to select the city you reside in
    • You’re only a few steps away. Select on the company you work for from the list provided or simply type in the name of the company
    • Mention your monthly salary after excluding all the deductions
    • Fill in your personal details
    • You will then be sent an OTP on your mobile phone. Type in the OTP in the space provided
    • Enter your PIN code followed by your PAN card details and wait for the site to fetch your credit score
    • You will then see your Credit Score with the detailed credit report sent to your e-mail ID

    Insights on Credit Report, Credit Score, and Credit Rating

    Credit score, credit report and credit rating are three inter-related terms. And, so many a times, individuals misunderstand the subtle difference between each other. Mentioned below are the differences in detail:

    Credit Report Credit Score Credit Rating
    • The past record of repayment schedules of credit card bills and loans are reflected in a credit report
    • A good credit report results to a higher credit score. The good credit report proves that you were good at managing the pending debts
    • Normally, a credit report holds the information for nearly 5 years, and later gets replaced by fresh entries
    • A 3-digit number that is generated statistically and ranges from 300-850
    • The credit score varies depending on how well your manage your pending debts of loan and credit card bill
    • Scores closer to 800 adds value to your loan application, while credit scores below 600 increases the chances of a loan getting rejected
    • This is a broader term, it reflects the credit worthiness of a government, country and organization
    • It is marked with grades such as AAA, BB, B++. Credit. The good credit rating aids a company to raise funds at lower rate
    • Credit ratings alters when the industries or companies performance change

    FAQs on Credit Score & Credit Report:

    1. Can everyone access my credit score?
    2. No, CIBIL Score is kept absolutely confidential and can be only accessed by few authorized bodies apart from you. Moreover, the authorities can only access the credit report if you apply for a loan. Under any circumstance, they are not permitted to disclose the information to a third party.

    3. Can I check CIBIL score by using PAN Card?
    4. Yes, you can always check your credit score or credit report with permanent account number (PAN). In India, for most of the financial transactions, PAN card can be used.

    5. Does CIBIL offer free credit score?
    6. The credit bureaus of India offers free credit report once in a year as per the RBI’s directives.

    7. Why financial organizations and lenders compulsorily check CIBIL score before approving a loan?
    8. Banks and financial organizations wants to verify the repaying capacity of a borrower as lenders does not want to lose their money. In case, the credit report is poor, the chances of defaults are higher. So, maintain a good credit score.

    9. Why does a closed credit card’s report gets reflected on the credit report?
    10. Lenders present the credit report to CIBIL after regular intervals and that is why at times not so old details are reflected on the credit report. Moreover, such cases may take place in case there are identity theft.

    11. How is the CIBIL score calculated?
    12. CIBIL score is calculated based on the multiple factors. The calculation is done by using complex statistical model that is proprietary business secret between CIBIL and TransUnion.

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    Credit Report Reviews

    • Experian Credit Report
      "Experian credit report"
      0.5 5.0/5 "Blown Away!"
      I checked my credit score in bankbazaar web site ,it has given score with in span of seconds. I wondered ,it is free of cost for checking. It is really a wonder. Congrats to bankbazaar team members . Thanks a lot once again to all bankbazaar team members
      Was this review helpful? 20
      ,
      Reviewed on Apr 05, 2019
    • Experian Credit Report
      "Realiable credit score"
      0.5 4.5/5 "Excellent!"
      I checked my credit score in bank bazar website. It gave instantly with all my banking past history. It was very much useful. It helped me know my credit status report at no cost . It only required few hassle free clicks and that over.Really appreciable!
      Was this review helpful? 34
      ,
      Reviewed on Mar 24, 2019
    • Experian Credit Report
      "Credit Score Tracking"
      0.5 4.5/5 "Excellent!"
      I am using bank bazaar features from last few years. Service provided by bankbazaar is good when compared to others in the market . Customer service is good and their response is good. One step solution for all you banking needs . A periodic tracking of your credit score is maintained well and kept updated in email as and when new scores arrive .
      Was this review helpful? 43
      ,
      Reviewed on Mar 08, 2019
    • Experian Credit Report
      "Very nice"
      0.5 5.0/5 "Blown Away!"
      Thanks I visited a number of sites on regards in the above matter, but what ever the response I got through bank bazar was marvellous and extra ordinary.... Thanq for providing such easy platform for getting in touch to obtain the debit cards so easily.
      Was this review helpful? 42
      ,
      Reviewed on Mar 02, 2019
    • Experian Credit Report
      "Good service"
      0.5 3.5/5 "Pretty good"
      I am using the services of bankbazaar from last 1 year. I checked my credit score using the mobile app which was user friendly and easy to use. Customer service was good and their response was on time. I found all the information at one place on the mobile app.
      Was this review helpful? 58
      ,
      Reviewed on Feb 26, 2019
    • Experian Credit Report
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      I have been using the services of bankbazaar from last 5 months. Customer service is fine with bankbazaar and their response was prompt. The website of bankbazaar was easy to use and was user friendly. It was easy to fill the details and check the credit score.
      Was this review helpful? 57
      ,
      Reviewed on Feb 26, 2019
    • Experian Credit Report
      "Good service"
      0.5 4.0/5 "Great!"
      I had received a mail communication from bankbazaar advising me to check the credit score. Though this was my first experience it was simply superb. As far as the level of service is concerned it was good also the response was on time.
      Was this review helpful? 52
      ,
      Reviewed on Feb 26, 2019
    • Experian Credit Report
      "Good service"
      0.5 4.0/5 "Great!"
      I was checking on google for personal loans and then i came to know about bankbazaar. The services provided by bankbazaar was good and their response was prompt. The website of bankbazaar is easy to use and also user friendly.
      Was this review helpful? 50
      ,
      Reviewed on Feb 26, 2019
    • Experian Credit Report
      "Good experience"
      0.5 4.5/5 "Excellent!"
      I was looking out for a personal loan and I ended up reaching this site for checking my credit score. The report was very much accurate and informative too. It hardly took 5 minutes for me to fetch the report. Coming to the website even that was very much user friendly.
      Was this review helpful? 50
      ,
      Reviewed on Feb 26, 2019
    • Experian Credit Report
      "Good experience"
      0.5 4.0/5 "Great!"
      Nothing new nor there was no specific reason for checking the credit score infact this is my first experience. It hardly took few minutes for me to fetch the credit report. The report was very much accurate and informative too. Even the response was equally good.
      Was this review helpful? 44
      ,
      Reviewed on Feb 26, 2019
    • Experian Credit Report
      "Good experience"
      0.5 4.0/5 "Great!"
      I did not encounter any issues at the time of fetching the credit report. I have checked my credit score previously too and I would certainly say it was a good experience. It hardly took 2 to 3 minutes for me to fetch the score. According to me the report was accurate,informative and perfect.
      Was this review helpful? 48
      ,
      Reviewed on Feb 26, 2019
    • Experian Credit Report
      "Good experience"
      0.5 4.5/5 "Excellent!"
      To start off, it was a good experience at the time of fetching the credit score. This is the first time i have checked the credit score because i wanted to get the credit card. Report was accurate and was informative. It was easy to fill the details and get the report. In all it was a smooth process.
      Was this review helpful? 46
      ,
      Reviewed on Feb 26, 2019
    • Experian Credit Report
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      I being a Customer of Bankbazaar for the past 1.5 years, thought of checking my credit score on this website. Their customer care executives were kind enough to explain to me about the features and benefits of credit score in detail. I would end up saying that it was a hassle free experience of fetching the credit score.
      Was this review helpful? 56
      ,
      Reviewed on Feb 24, 2019
    • Experian Credit Report
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      Basically, it was through advertisement I got to know about this website. This is my experience and it is the best too. The Customer service has always been a top notch here. Talking about the website it is very much user friendly and it is very easy to use as well.
      Was this review helpful? 50
      ,
      Reviewed on Feb 24, 2019
    • Experian Credit Report
      "Good service"
      0.5 4.0/5 "Great!"
      I came to know about bankbazaar through mails and this was my first time experience. Customer service was good and their response was on time. I am using the mobile application of bankbazaar, it is user friendly and easy to use.
      Was this review helpful? 42
      ,
      Reviewed on Feb 24, 2019
    • Experian Credit Report
      "Nice experience"
      0.5 4.0/5 "Great!"
      This review is all about my experience of fetching the credit score, though I dont have any reason for checking the credit score but it was useful for me. I was able to fetch the report successfully moreover I did not find any discrepancies with the report since it was accurate and perfect.
      Was this review helpful? 49
      ,
      Reviewed on Feb 24, 2019
    • Experian Credit Report
      "Best experience"
      0.5 5.0/5 "Blown Away!"
      Hi all, I am a loan seeker and I wanted to check my credit score and that is why I checked my credit score here. I basically like the outlook and the website design. On top of all that, the report fetched was 100% accurate and it was flawless too..
      Was this review helpful? 53
      ,
      Reviewed on Feb 24, 2019
    • Experian Credit Report
      "Good experience"
      0.5 5.0/5 "Blown Away!"
      The key factor which made to check my credit score was few months ago my credit score was down so i just wanted to check my credit score and I ended up checking my credit score here. Even the website was user friendly. The report was accurate and it was informative too.My experience was completely hassle free.
      Was this review helpful? 54
      ,
      Reviewed on Feb 24, 2019
    • Experian Credit Report
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      Well, I appreciate the efforts taken by Bank Bazaar in providing the credit score feature, in fact it is an excellent idea too. Basically, I got to know about Bank Bazaar through their promotional mails. Therefore I advise all my friends and colleagues to explore all the features and to reap the benefits offered by Bank Bazaar.
      Was this review helpful? 52
      ,
      Reviewed on Feb 22, 2019
    • Experian Credit Report
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I tried fetching my credit score one month back and that is how I started my interaction with Bank Bazaar. It all went well where I had applied for the credit check through internet followed by which, I had received a call from their executives who gave the next steps and finally my credit report was fetched effortlessly.
      Was this review helpful? 54
      ,
      Reviewed on Feb 22, 2019
    Common Loader Icon
    reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.