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Check Your Current CIBIL Score by PAN Card Online for Free

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Chandrakant Joshi
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4 min read

Monitoring your credit health is crucial, and your CIBIL score plays a significant role in determining your creditworthiness. A good CIBIL score can help you secure loans and credit cards on favourable terms. One of the most convenient ways to check your CIBIL score is by using your PAN card online for free. Here’s how you can go about this.

What is a CIBIL Score?

A CIBIL score, a three-digit number ranging from 300 to 900, is a numerical representation of your creditworthiness. It is derived from your credit report, which details your credit history, including your payment behaviour, credit utilisation, length of credit history, types of credit accounts, and recent credit inquiries. A higher score indicates a lower risk for lenders, making it easier for you to obtain loans and credit cards with favourable terms.

Why is Your CIBIL Score Important?

  1. Loan Approval: Lenders use the CIBIL score to assess the risk of lending to you. A high score increases your chances of loan approval

  2. Interest Rates: A good credit score can help you secure loans at lower interest rates

  3. Credit Limit: Your CIBIL score can influence the credit limit on your credit cards

  4. Financial Planning: Regularly checking your score helps you understand your credit health and take corrective actions if necessary

How to Check CIBIL Score by PAN Card Online for Free

Here’s how you can check your CIBIL score through your PAN card:

Method 1: CIBIL Website

  1. Visit the CIBIL Website: Go to the official CIBIL website at cibil.com

  2. Access the Free CIBIL Score Section: Look for the section that offers a free CIBIL score check

  3. Enter Personal Details: Fill in your name, date of birth, gender, email ID, and mobile number

  4. Provide PAN Card Details: Enter your PAN card number accurately

  5. Authenticate Your Identity: Receive an OTP on your registered mobile number and enter it to verify your identity

  6. Answer Security Questions: Answer any additional security questions related to your credit history

  7. View Your CIBIL Score: Once verified, you can view your CIBIL score and a summary of your credit report

Method 2: Banks

  1. Login to Internet Banking: Many banks offer the facility to check your CIBIL score for free if you are their customer

  2. Navigate to the Credit Score Section: Look for options to check your credit score in your internet banking account

  3. Enter PAN Details: Provide your PAN card details if required

  4. View Your CIBIL Score: The bank will provide your credit score based on the data linked with your PAN card

Method 3: Through Third-party Financial Websites

  1. Visit a Financial Service Website: Websites like Bajaj Markets and Groww offer free credit score checks

  2. Sign Up for an Account: Create an account by providing your details

  3. Enter PAN Card Information: Provide your PAN card number for verification

  4. View Your CIBIL Score: After verification, you can access your credit score and report

Method 4: Through Mobile Applications

Several mobile apps provide free credit score services. Here’s how you can check your score through them:

  1. Download a credit score app

  2. Register on the app

  3. Enter PAN card details

You can then see your CIBIL score along with a detailed credit report.

Benefits of Checking Your CIBIL Score Regularly

  1. Monitor Credit Health: Regularly checking your score helps you stay aware of your credit health and take timely corrective actions

  2. Identify Errors: Spot and rectify any inaccuracies or errors in your credit report that could negatively impact your score

  3. Financial Planning: Knowing your score helps you plan better for future credit needs, like loans or credit cards

  4. Improvement Strategies: Understand the factors affecting your score and adopt strategies to improve it

Tips to Maintain a Good CIBIL Score

  1. Timely Payments: Always pay your EMIs and credit card bills on time

  2. Credit Utilisation: Keep your credit utilisation ratio below 30% of your available credit limit

  3. Limit Credit Inquiries: Avoid applying for multiple loans or credit cards within a short period

  4. Check Your Credit Report Regularly: Regularly check your credit report for any discrepancies and correct them promptly

  5. Diversify Credit: Maintain a healthy mix of unsecured and secured loans

Understanding the Factors Affecting Your CIBIL Score

  1. Payment History: Your record of timely payments significantly impacts your score

  2. Credit Utilisation: The ratio of credit used to the total available credit limit

  3. Length of Credit History: Longer credit histories typically result in higher scores

  4. Recent Credit Inquiries: Multiple recent inquiries can negatively impact your score

Regularly checking your CIBIL score using your PAN card is a simple and effective way to stay informed about your credit status. By maintaining a high CIBIL score, you can enjoy numerous perks, including easy loan approvals and lower interest rates. Make it a habit to monitor your credit score regularly and take steps to improve it if necessary.

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