If you are thinking of taking a loan from the bank, then definitely read this article once because in today’s article I am going to give you information about check cibil score. What is cibil score? How to check cibil score by pancard?
Whether you will get a loan from the bank or not depends on your cibil score. Whenever we go to the bank to take a loan, we are given a loan keeping in mind many things. Among those things, the most importance is given to the cibil score.
If we go in short, then basically the cibil score describes our history whether we have submitted the loan from the bank on time or not. This can describe our past performance.
If you will be paid time-to-time then your cibil score will be fine. And you can get the loan approved quickly.
What is Cibil score?
Cibil is a three digit number. And with the help of this number, our cibil report is made. Basically it shows whether we will be able to get loan from bank or not? The Cibil report is prepared according to our previous records.
If our previous record will be good, we will have repaid the loan on time, then our cibil report will be good. We are given a score on our old record in the Cibil report. Which we call the Cibil score.
The Cibil score is a 3 digit one. The range of Cibil score ranges from 300 to 900. The closer your score is to 900, the better.
If we understand the Cibil score in a simple language, then your Cibil score depends on whether you are eligible to take a loan from the bank or not.
If your Cibil score is above 750 then it means that you will get the loan very soon. According to a report, 75% to 80% of the loan in the bank is issued by looking at the Cibil score.
How to check Cibil score By Pancard?
The report is made keeping in mind many factors of Cibil score. If you pay attention to these factors then your cibil report will be very good. And taking loan will also be very easy.
Payment: If you do not fill your EMI or loan on time, then it has a bad effect on your cibil report.
Inquiry: If you repeatedly take information about the loan in the bank, then it gives an idea to the bank that you may need a lot of loan in future. Which has a bad effect on the cibil.
Step 1. To check the Cibil score, you go to the official website of cibil. You have to click on “get your cibil score” on the right side corner.
Step 2. Now choose any subscription according to you. And provide your mobile number, email id and date of birth.
Step 3. Now you create a strong password. Create a password that you remember.
Step 4. After this you select the pancard in the id proof. And provide the pancard details.
Step 5. Now you have to make payment. After this, you have to verify your mobile number and email with the help of OTP.
Step 6. Now a form will open in front of you. Fill the form and submit it. After this your cibil score will start showing on the dashboard.
How to check Cibil score from paisabazaar?
Paisabazaar is a very popular website from where you can check your cibil score. If you want to check your cibil score for free, then you can do it with the help of paisabazaar website or app.
Step 1. First you go to the website of paisabazaar. And go to check cibil score webpage.
Step 2. After this you will have a form open. Where you fill some of your details. After that verify with the help of OTP.
Step 3. Now you tap on “get your credit score“. After this your cibil score will start showing.
Cibil score depends on your history EMI and credit. If your previous score is good then your cibil score will be good. Due to which it will be very easy for you to get the loan.
If your cibil score is bad then you should pay your bills on time. Use credit card well. Don’t spend unnecessarily.
Keep an eye on your credit history and cibil score from time to time. So friends, you will definitely tell us by commenting, how did you like this article. If you have any confusion related to check cibil score then definitely do it by commenting below.