When you get things for free, there is very childlike happiness on your face. And when you realize a service is available for free, you feel as you have got some privilege. Well, feel that again because in this article we are going to talk about one such thing.
CIBIL score check is not available for free, even from their authorized website you have to pay around 600 rupees to get it. But, why exactly do you need CIBIL or credit score? The importance of this is realized when you apply for any type of credit facility such as credit cards. Lenders prefer applicants who have a CIBIL score as they are easy to trust with repayment. However, other factors such as low income, too much debt in the past, short credit history, recent late payments, etc. also matter.
In this article, we have brought in the ways to check CIBIL score free and how much CIBIL score for credit card. Basically, we are trying to help you prepare accordingly just in case you apply for a credit card in future.
CIBIL score for Credit Card
As mentioned above, financial institutions have set criteria on the basis of which they accept credit card applications. Most of the cards are accessible to individuals who have CIBIL score of 750 or above. Those having the score above 800 are even more privileged as they are eligible for best credit cards. However, those having zero CIBIL score or poor can also apply and get approval if rest of the factors (as mentioned above) are perfect. Still, they will have some limitations such as higher interest rate on cards or fewer options. To know where you stand, read the steps.
Check CIBIL score by PAN Card for free
You can visit the official website of CIBIL and follow these steps:
- Go to check CIBIL score page
- Provide your full name as mentioned on the PAN card
- Enter your Date of Birth
- Choose the gender you belong to
- Mention your PAN card number
- Enter your contact address
- Provide the email ID fn which you want to get the credit report
- Enter your mobile number
- Submit the form
On the successful submission of the CIBIL score form, you will get a confirmation on your email ID. You will get the detailed credit report on the email ID you have provided.