Do you want to buy a house or a car? Then CIBIL score is something that you should look for before seeking loan in any bank. Now, CIBIL stands for Credit Information Bureau (India) Limited. It is an agency approved by the Reserve Bank of India (RBI) that provides credit reports and scores to individuals and even business.
An individual’s CIBIL score is based on a variety of information such as past loans and repayments, and credit card information from major banks and other financial institutions in India, among other things. It basically tells the bank how likely it is to repay the amount borrowed by you on time. The CIBIL score is calculated on a scale of 300 to 900 with 300 being the lowest score and 900 being the highest score. The higher the score of a person, the more chances he has of getting a loan from the bank.
So, here we have a handy guide that will help you check your CIBIL score online for free.
how to check cibil score online
step 1: Visit the official CIBIL website (https://www.cibil.com/).
step 2: Select ‘Get Your CIBIL Score’.
step 3: Scroll down to the FAQ section. Click on the last question, which says – How much do I have to pay to get a CIBIL credit report?
step 4: Here click on Free CIBIL Credit Report option.
Step 5: Click on Get Your Free CIBIL Score option in the page that opens.
Step 6: In the page that opens, first you have to create a new account, if you don’t already have one. Fill the details on the page like your name, your email address, the ID you want to use and your mobile number. You can use your PAN, Passport Number, Voter ID, Driving License Number or Ration Card Number.
Step 7: Once you have entered all these details, click on the accept and continue option.
Step 8: Now, you will receive an OTP on your mobile number to verify your details. Type OTP and then click on ‘Continue’ button.
Step 9: Now, select the option ‘Go to Dashboard’ and check your credit score.
Step 10: Now, you will be redirected to the website myscore.cibil.com.
Step 11: Now click on the member login option.
Step 12: Enter your login details and your CIBIL score will be displayed on the dashboard.
The post Check Your CIBIL Score Online: A Step-by-Step Guide appeared first on BGR India.