How to Check CIBIL Score for Free

Disclaimer: The information published on LoansJagat is intended for general informational and educational purposes only and should not be considered financial, legal, or investment advice. Interest rates, loan terms, statistics, and other data may change over time and may vary by lender or source. Please verify the latest information and consult a qualified financial advisor or the respective Bank/NBFC before making any financial decisions.

There are four official credit information companies in India:

• TransUnion CIBIL
• Experian
• Equifax
• CRIF High Mark

In India, the first and oldest CIC is TransUnion CIBIL. TransUnion CIBIL collects the repayment history of Borrowers, evaluates it, and gives a score based on that. That score is called the CIBIL score. This score ranges from 300 to 900.

If your score is high, your repayment behaviour was good. It can increase your chances of getting a loan. If your CIBIL score is low, your loan repayment behaviour wasn't good. It can decrease your chances of getting a loan. 

What things are necessary in the CIBIL report? 

Your CIBIL score is similar to your report card. It shows your repayment discipline and consistency; that's why it is called a CIBIL report. It analyses:

• Whether you paid EMI on time or not.
• Whether you paid credit bills before the due date or not.
• If you have maintained a low credit utilisation ratio.
• If you have managed your loans and credit cards responsibly.

When you pay your EMIs and credit bills on time, your CIBIL score automatically improves. When you go for another loan, your CIBIL score is decent. It shows the lender that you are a trustworthy person. They can give you a loan without any ifs and buts. But if your CIBIL report shows that you have not paid previous loans responsibly, future lenders can avoid giving you a loan. 

How to Check CIBIL Score for Free?

1. Check CIBIL score via website.

Checking your CIBIL score is a simple process. You can do it on your mobile phone or on your laptop. Plus, it takes only a few minutes. Here is the process of checking your CIBIL score on TransUnion.

• Click this link: TransUnion
• Click on the top left three lines in the corner.
• Then click on “New user”
• You will see an interface like “Click here to get your Free Annual CIBIL Score and Report” 
• Click on that.
• Now click on “GET FREE CIBIL SCORE & REPORT”
• Now add your email ID.
• Phone number.
• Your email ID and mobile number will be verified via OTP authentication.
• Then add your password and confirm it.
• Then add your first and last name.
• Add your ID type and ID number.
• Add your date of birth and PIN.
• Tick on the disclaimer, accept, and continue.

You will get your CIBIL report, and this report can be used for future loans.

Check how your CIBIL score looks:

Based on this score, your lender decides whether to give you a loan or not.

2. Check your CIBIL score via GPay

Here is the process of checking your CIBIL score:

• Download the GPay app from the Play Store.
• Log in with your mobile number.
• Scroll down the home page.
• Click on “Check your CIBIL score for free”
• Then add your first and last name according to your PAN.
• Add your PAN card number.

You can see your CIBIL score on screen. It takes only a few minutes. 

How to read the CIBIL report?

Your CIBIL report has all your past loan information. It contains loans, credit cards, repayment history, and other credit-related activities. Banks and financial institutions use this report to evaluate your creditworthiness. 

Here are a few things that you will see in your CIBIL report:

• CIBIL score: You will see your CIBIL score on the report. If it is higher, your credit history is good, and if it is on the lower side, your credit history needs to be improved.
• Personal information: In this section, you will see your:
  • Full name
  • Date of birth
  • Gender
  • PAN, Passport, Voter ID, or other identity details
• Contact information: In this section, you will see the following details:
  • Your current and previous addresses
  • Your registered mobile number
  • Your telephone numbers.
• Employment information: In this section, all your employment information like income and company is added.
• Account information: This is the most important part of your CIBIL report. Without this section, your CIBIL report can't be completed. This includes:
  • Your name
  • Type of loan or credit card you had
  • Your loan account number
  • Your loan amount
  • Your current outstanding balance
• Credit inquiry: This section shows that you have applied for multiple loans and credit cards within a short period of time.

These are the things that are in your CIBIL report. Lenders check all these and then decide whether they should approve your loan or not. 

How Can You Improve Your CIBIL Score?

You can not improve your CIBIL score instantly. It takes time. You need good credit habits and financial discipline to build a strong credit history. You can do it by following these things. 

• You need to pay your EMIs and credit card bills on time. It will have a positive impact on your credit history.
• You should keep your credit utilisation low. You can use 30% of your credit card limit.
• You can have healthy, balanced, mixed secured loans ( home or car loans) and unsecured loans (personal loans or credit cards).
• Apply for loans and credit cards only if you need them.
• Plus, monitor your joint loan accounts. Your partner's debt can affect your credit history.
• You should check your CIBIL score regularly.

If you want to improve your CIBIL score, it will not happen in one day. You need to be financially disciplined for this. Make timely repayments, use your cards responsibly, and maintain good financial habits. 

Conclusion 

If anyone wants to check your creditworthiness, they will first check your CIBIL score. Banks and financial institutions do exactly this. Whenever you go to them for a loan, they ask about your CIBIL report, then look at your CIBIL score and evaluate your credit history and then decide whether to give you a loan or not. 

CIBIL score is important. It shows your creditworthiness. This score is issued by the credit information company TransUnion. CIBIL report contains your loan history, data, your information, and contact details. If you too want to check your CIBIL report, you can check it on payment apps like GPay and the CIBIL website for free. 

Frequently asked questions 

1. Can I check my CIBIL score for free?

Yes, you can check your CIBIL score on the CIBIL report for free. Many apps and websites give you this facility. There is a special CIBIL website where you can check your CIBIL report. Plus payment apps like GPay and PhonePe also allow you to check this score.

2. How often can I check my CIBIL score?

You can check your CIBIL score anytime. It doesn't affect your credit score. You just need to add your information on that app and website to get a CIBIL report. 

3. Does checking my own CIBIL score reduce it?

No, it doesn't affect your CIBIL score. You are just checking your score. You can check it on different apps for free.

4. What is a good CIBIL score for getting a loan?

Some lenders prefer 650, and some prefer 750 as a good score. But combined, if you have a higher CIBIL score, it is a good thing. You should focus on increasing that score.

5. What documents are required to check my CIBIL score?

You don't need many documents to check your CIBIL score. You just need your PAN Card number, date of birth, mobile number, and email ID. You can check your CIBIL score by adding this information.

6. Why is my CIBIL score low even though I pay my EMIs on time?

Late payment of credit card bills and EMIs isn't the only reason for a low credit score. If you are using your credit card too much, you have applied for multiple loans at once, and if there is an error in your report, then also your CIBIL score can be affected.

7. How can I improve my CIBIL score?

To improve your CIBIL score, you can pay your EMIs and bills on time, you can avoid applying for multiple loans at once, and you can limit your credit card usage.

8. How long does it take for my CIBIL score to update?

Lenders generally report data to credit bureaus monthly. Updates appear within 30–45 days but timing varies by lender.

9. Can I get a loan without a CIBIL score?

Yes, there are some lenders in the market who offer you loans without a credit score or CIBIL score. But having a good CIBIL score is beneficial because it can help you get a fast loan with lower interest. 

10. What should I do if I find an error in my CIBIL report?

You can raise a dispute with CIBIL so the incorrect information can be reviewed and corrected.