How to Check Your CIBIL Report Online

Your CIBIL score may change monthly depending on your past credit behaviour, which is reflected in your updated CIBIL report. Lenders, such as banks, NBFCs and other financial institutions provide your credit information to the TransUnion CIBIL periodically (30-45 days), for the credit bureau to calculate, generate and issue your CIBIL report.

It helps consumers get clarity on their credit score which helps them avail credit products at ease, such as personal loans, home loans, business loans, overdrafts, auto loans, credit cards, etc.

A higher credit score increases the chances of your loan or credit card approval; provided you fulfil other eligibility criteria, as defined by the lending institution.

Get Your Latest Credit Score in Just 2 mins. Check Now

How to Check your CIBIL Report.

Here you can check your free credit score and CIBIL report, as well as receive monthly updates. Read on to learn the simple steps related to checking your CIBIL report with no impact on your credit score:

Steps to Check Your CIBIL Report

Find below the simple steps to check the CIBIL score and report:

Step 1: Click here to check your CIBIL report

Step 2: Enter your basic details, such as gender, full name, email address and mobile number to verify using OTP authentication by clicking on the ‘Get Free Credit Score’ button.

Step 3: After you click on the ‘Get Free Credit Score’ button, you will get credit scores from all 4 credit bureaus

Step 4: On the CIBIL tab, click on ‘Check Report’ to further choose the language and month.

Step 5: Your Date of Birth (DDMMYYYY format) is the password of your CIBIL report

Note: In case you find any discrepancy in your credit report, you can easily raise a dispute with CIBIL. However, for any other query, you can email care@paisabazaar.com.

Why to Check Your Credit Report Regularly

It is imperative to monitor your credit report regularly to stay updated with your updated credit score.

Your credit report contains details, such as personal information, account details, payment history, outstanding balance, Days Past Due (DPD), if any, as well as active and closed accounts, recent enquiries, details of collateral/security, etc.

Most of the lenders need this information to process your new credit applications. Checking your credit report regularly shall help you to detect CIBIL report errors or inaccurate/incomplete information that may affect your creditworthiness and further lower your CIBIL score.

Check your credit report for errors to report and resolve them at the earliest via the Consumer Dispute Resolution Process by filling out an online dispute resolution form at CIBIL’s official website.

To read the benefits of checking your credit report regularly, click here.

Note: Checking your credit report regularly has no impact on your credit score. Your credit score is impacted only when a lender/provider requests your credit report from a credit bureau. This type of enquiry is known as a hard enquiry and is mentioned in your credit report as well. 

Benefits of Checking Your Credit Report Regularly

From a time-consuming and paper-heavy process, Paisabazaar has made checking credit scores and credit reports online. Let’s discuss some of the benefits of checking your Credit Score: 

• Multiple Credit Bureaus – Paisabazaar has partnered with all four credit bureaus, such as TransUnion CIBIL, Equifax, CRIF High Mark and Experian. You can check your credit report from all the multiple credit bureaus in one place.
• Monthly Updates – A monthly update of your credit report is sent to customers on their email & WhatsApp every month.
  
• Credit Advisory Service – For customers with low credit scores, Paisabazaar.com has launched a unique Credit+ advisory service where credit experts deep dive into customers’ credit history and provide recommendations to them to improve their scores significantly.
  
• Detailed Credit Report – Customers get a detailed credit report with components, including personal information, payment history, account details, Days Past Due (DPD), credit score trends and more. These insights can help them understand their credit behaviour better and take corrective measures to improve and rebuild their credit score.
• Pre-approved Offers – Based on your creditworthiness, you can check and opt for pre-approved loan and credit card offers from leading banks/NBFCs. As these loans are pre-approved, the disbursal can be done almost immediately.
• Other Offers – If you have an existing home loan, and you check your credit score on Paisabazaar, you may get pre-approved Home Loan Balance Transfer (HLBT) offers from partner banks and NBFCs. Home loan balance transfers can help you save big on interest in the long run because of longer repayment tenure.
  

If you are new to credit, you will not have a credit score. Some lenders may refuse to provide loans or credit cards to you. In this case, you can start building your credit score with the help of a secured credit card that is offered against a fixed deposit and is approved instantly.

You can apply for one such secured card, namely, Step Up Credit Card and start building your credit score to improve your creditworthiness when you need any credit product in future.

Also Read: What are the 4 factors that affect your credit score?