How Can You Get Free CIBIL report in India?

Getting something for free makes people happier than something they are paying for. People want to get things for free and so is the case with CIBIL report. When many websites including CIBIL is charging you to provide the report and score, searching for a free option is quite obvious. There are many websites that provide free CIBIL report and score. You can look for such options online and get your report. In this article, we have shown the steps involved to check CIBIL score online and also the procedure to get the free credit report.

How can you check CIBIL score?

Below are the steps you have to follow to check your CIBIL score.

• 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

Can you apply for a loan if your CIBIL score is low?

Many people in India have no credit history and hence no score. So it is quite normal to have 0 credit score. But, having a low credit score shows that you have not been a disciplined debt payer. In simple terms, your CIBIL score is low because you have missed payments or you are a defaulter. CIBIL score of 750 is generally considered to be a good score and if you have less than that, it is considered to be low. If your score is less than 750, you can surely apply for a loan or credit card. But, the difference is that most of the deals are not accessible to you. Having said that, loans you will get will be given on a higher rate and credit cards with lesser facilities. So, if it is about eligibility, you are eligible even if you have a low or poor credit score but it is also true that you lose best deals.

How can you get FREE CIBIL report?

You can get your CIBIL or credit report on your email ID by following the below steps:

• Personal details of an applicant (name, age, gender and address)
• Employment details and earnings
• Number of hard inquiries made by potential lenders on receipt of the loan/credit card application
• Record of previous and current loans along with the payment record
• Any defaults on a loan
• The details of settled loans, if any
• Total credit limit and the amount spent monthly (Credit Utilisation Ratio)
• Any credit card payment defaults
• Credit score

As you can see, it is quite simple to check your CIBIL and get its report. The important thing is to know that you have to maintain a good CIBIL score so that no good deal is out of your league. So, you can also look for some improvement measures parallelly just in case your score is low.