How to check credit score

To check your CIBIL score online, visit the official CIBIL website and register using your PAN card and personal details. After verifying your identity through an OTP, you can easily access your credit score and detailed report. Regular score checks online help you monitor your credit health and stay informed about your financial standing. This simple process ensures you can effortlessly keep track of your creditworthiness.
 

If you’re planning to apply for a personal loan, to checking your credit score beforehand can help you know if you can get quick approval and low interest rates.
 

✅  Check your pre-approved loan offer  with phone number and OTP → Apply online in 5 minutes → Receive funds within 24 hours*.

A CIBIL credit score is a three-digit number that shows how responsible you are with money. It's calculated based on your credit history – basically all the times you've borrowed money and how you've repaid it. Lenders (banks and financial companies) use this number to decide whether to give you a loan or credit card, and at what interest rate.

Think of your CIBIL score as your financial report card. Just like a school report card tells teachers about your performance, your credit score tells lenders about your financial performance. You can easily check your score through online platforms. CIBIL score checking helps you stay informed and take necessary actions to maintain a healthy credit profile for better financial opportunities.

Before lenders approve a loan, they want to know: "Is this person likely to pay me back?" Your CIBIL score is their answer. Lenders check your CIBIL score to understand two main things:
 

• Your creditworthiness: Can you be trusted to borrow and repay money?
• The likelihood of timely repayment: Will you pay back on time or miss payments?

A higher CIBIL score means you're a reliable borrower – someone who pays bills on time and handles money responsibly. A lower score might signal potential risks to lenders. To stay informed about your credit status, you can easily check your credit score online. Regularly performing a CIBIL score check online helps you maintain a good credit profile and improve your chances of loan approval.

The easiest way to check your CIBIL score is online, and you can do it for free. You can check your CIBIL score on the Bajaj Finance website in just three simple steps without impacting your credit score:

• Step 1: Share some basic information about yourself: Visit the CIBIL checking page and enter your basic details. You'll need to provide information like your name, mobile number, email address, and PAN card number.
• Step 2: Verify your identity by confirming the OTP: An OTP (one-time password) will be sent to your mobile number and email ID. Enter this OTP to confirm you're the real owner of that phone number and email address. This is a security step to keep your information safe.
• Step 3: Check your CIBIL score and report: Once verified, your CIBIL score will appear instantly on your screen. You can also get a detailed report (for a fee) that shows your credit history, loan accounts, and payment behaviour. You can download this report for your records.

To perform a CIBIL score check, you can also visit the official CIBIL website and request your credit report online. After submitting the request, you will need to provide identification and address proof for verification. Alternatively, you can obtain your credit score offline by visiting the credit bureau in person or by applying for the report via postal mail. When applying by post, submitting the necessary documents is required. Once your information is verified, the credit report will be mailed to you.

Your CIBIL score isn't picked randomly – it's calculated based on specific factors about how you manage money. Here's what goes into your score:

• Credit history: How long you've been borrowing money and how responsible you've been
• Loan repayment behaviour: Whether you pay your EMIs on time, late, or not at all
• Credit usage: How much of your available credit you're using (for example, using Rs. 50,000 of your Rs. 1 lakh credit card limit)
• Types of credit accounts: The variety of loans and credit cards you have
   

Lenders use this score to gauge your financial reliability. To know your CIBIL score, you can check it online and monitor your credit standing regularly. Doing a CIBIL score check online helps you maintain a healthy credit profile.

Understanding your credit score range and what it means

Your CIBIL score ranges from 300 to 900. Here's what different score ranges mean:
 

Regular CIBIL score checking helps you maintain a healthy credit profile. If your score is below 700, don't worry – you can improve it by following good financial habits.

A good credit score opens doors to better financial opportunities. When you have a good CIBIL score, here's what becomes easier:

• Easier loan approvals: Banks are more willing to approve your loan applications
• Lower interest rates: You'll pay less money in interest because banks see you as lower risk
• Higher loan amounts: You can borrow more money when you need it
• Faster processing: Your loan gets approved quicker because banks trust you
• Better negotiation power: You can negotiate with lenders for better terms and rates

Regular CIBIL score checks help you stay financially healthy and loan-ready.

If your score isn't as high as you'd like, here are the key steps to boost it:

• Pay your EMIs and credit card bills on time: This is the most important factor. Never miss a payment.
• Keep your credit utilisation low: Don't use more than 50% of your available credit
• Avoid multiple loan applications at once: Too many applications in a short time can hurt your score
• Monitor your credit report regularly: Check for mistakes and report any discrepancies
• Clear any outstanding dues promptly: Pay off old debts as quickly as possible

These steps help you build a strong credit profile for better loan approvals.

Checking your CIBIL score online is quick, easy, and completely free. In just a few minutes, you can understand where you stand financially and what lenders think about your creditworthiness. This knowledge is powerful – it helps you make better financial decisions and plan your borrowing wisely.

Your credit score affects many important things: whether you can get a loan, how much interest you'll pay, and how quickly your application gets approved. That's why monitoring your score regularly is so important. Make it a habit to check your CIBIL score at least once a year, and more often if you're planning to apply for a loan.

If your score is lower than you'd like, don't get discouraged. By following good financial habits – paying on time, keeping credit usage low, and clearing debts promptly – you can steadily improve your score over time. And once your score improves, you'll qualify for better personal loan offers with lower interest rates. Check your eligibility for personal loan using just mobile number and OTP – 100% online process.