Step-By-Step Guide to Check your CIBIL Score

The CIBIL score is crucial in determining a person's creditworthiness and credit risk. Before deciding whether to extend credit facilities to a person, lenders such as banks, financial institutions, and other credit providers must first review the loan-seeker’s CIBIL score.

Therefore, it is also important for the borrower to check and improve cibil score, to secure a loan without any hiccups. So, this article is here to solve the common query of “how to check my CIBIL score”.

What are the steps to check CIBIL score?

Following is the process to check the CIBIL score:

Step 1: First, individuals must visit the official website of CIBIL (Credit Information Bureau India Limited).

Step 2: Next, click on the "Get Your CIBIL Score" tab located on the homepage.

Step 3: Details such as name, email address, date of birth, gender, and PAN card number need to be filled in. Once done, click on the "Accept and Continue" button.

Step 4: On the next page, one can either choose a one-time plan or a subscription plan that offers regular updates on the credit score.

If one is looking for a high amount of credit such as a home loan, it is important that they are aware of their low CIBIL score, and check it again after fixing their financial health.

Step 5: After choosing the subscription plan, they will be directed to the payment gateway to make the payment. Once the payment is successful, the credit score will be shown.

Step 6: To access the credit report one can choose a subscription plan that includes both. This will give a detailed analysis of their credit history, including credit utilisation, and credit inquiries.

After accessing the credit score, one should review it carefully and if errors are found, he/she must report them to CIBIL immediately.

Prospective borrowers must know how to check their CIBIL score, as it is an important step in financial management. It gives them a comprehensive image of their creditworthiness and enables them to apply for home loan or credit cards with confidence. People may enhance their chances of being authorised for credit with favourable conditions by keeping an eye on their CIBIL score on a regular basis and taking action to improve their low CIBIL score.