TransUnion CIBIL Limited is one of the topmost credit information bureaus in India that monitors and tracks an individual’s credit repayment history. A high TransUnion CIBIL score indicates that the individual possesses a decent credit history and is financially responsible.
The credit score of an applicant is among the most important factors that a financial institution considers while evaluating loan applications. A score around or above 750 can help a borrower avail a loan at affordable interest rates.
TransUnion credit score is a 3-digit number, ranging between 300 and 900, that expresses the creditworthiness of a borrower. Financial institutions are more likely to approve an instant personal loan to the borrower if he/she has a healthy credit score. A borrower with a high score can also negotiate with the lender for more affordable rates of interest and other repayment-friendly loan terms.
Check your TransUnion CIBIL score in the following steps –
To check your CIBIL score offline, mail the necessary documents with a demand draft to the office of TransUnion CIBIL Limited. One must have an account with TransUnion CIBIL to check the score as CIBIL without login facility is not available. Consider the following steps when registering for a new account –
With the help of these steps, the TransUnion CIBIL account creation is complete. A confirmation message will be displayed on the next page, but applicants still need to go through a verification process, which involves the following steps –
TransUnion CIBIL score will be displayed on the dashboard on completion of these steps. Maintain a high score to avail instant personal loan at the most competitive interest rates.
You can also check your CIBIL Score free without login or registration through Bajaj Finserv’s website. Click the button below to check your credit score online.