Credit Information Bureau (India) Ltd. is the CIBIL full form of your credit score. The score decides whether any financial institution or bank will provide you with the loan you need. The credit score of CIBIL informs lenders of your creditworthiness and financial habits.
In such a case, you must check your CIBIL score. But at the same time, it would not be possible for anybody to check their CIBIL score every time by paying a sum. For this reason, there are certain free ways to check your CIBIL full form online.
Checking CIBIL Score Online for Free
You can check your CIBIL score for free by following the steps below:
- Reach the official website of CIBIL
- Select the option for getting your CIBIL score
- Then you can fill in your name, password, and email address. Also, you would need to attach identity proof such as your PAN card, Aadhar, or even passport number.
- Then you can enter your date of birth, PIN code, and mobile number.
- Once everything is correctly filled in, you may click on the option of accept and continue.
- On your mobile number, you will receive an OTP. Fill it in, and then select continue.
- Select the option that will take you to the dashboard and check your credit score.
- You will now be sent to the website of myscore.cibil.com.
- Once you click on the member login option and log in to the website, you can check your CIBIL score.
Other Ways of Checking CIBIL Score Online for Free
When you check your credit score from the official CIBIL website for free only once. However, you have other free ways of checking your CIBIL score. These ways include the following:
- Other third-party websites
You can check your CIBIL score for free using many third-party online websites. These websites do not charge you anything, no matter how many times you check your credit score. You would need to fill in the same information the official CIBIL website requires. And once you have filled in the information, you can view your credit score.
- CIBIL score app
Another free way of checking your CIBIL score is through the CIBIL score app. You can download this application from the app store and register for yourself. Once you have registered and logged in, you can view your credit score.
Factors Affecting CIBIL Score
- Credit Utilisation Ratio
Your CIBIL score is not affected by multiple credit cards that you may have or if you already have a loan. But your credit score decreases if you have a high credit utilisation ratio. As a result, it is best if you spend only a little of your credit limit. The more your credit utilisation ratio is, the higher your debt. As a result, it is necessary to keep track of your expenses and ascertain that you do not surpass your limit.
- Payment history
To maintain a good credit score, you must pay off your monthly bill payments on the credit card and any EMIs you may have incurred. If you default on EMIs or delay your payments that need to be made, your CIBIL score gets negatively affected. Also, if your payment behavior is irregular, it still displays that you are not always able to manage your credit health.
You need to check your CIBIL score and also view your CIBIL report. By checking your score, you will understand whether you have a low, average, or high score. If you have a low or average score, you need to improve it. And you can make this improvement in multiple ways.
Checking your CIBIL credit score online for free is easy and accessible with the CIBIL Score App. The app allows you to check your credit score and view your report anytime and anywhere, without having to pay for it. Additionally, by regularly checking your score and report, you can track your credit health, identify any suspicious activities and take steps to improve it. The app also provides personalized tips and advice on how to improve your score. So, download the CIBIL Score App now and start taking control of your credit health by checking your CIBIL credit score online for free.