CIBIL score plays a pivotal role in financial transactions, particularly when seeking loans or credit cards. The Credit Information Bureau (India) Limited, commonly known as CIBIL, is a significant player in this aspect, offering credit scores for borrowers. These scores are vital for financial institutions as they help in assessing the creditworthiness of individuals.
Read More: Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On April 19
Your CIBIL score is a three-digit number that reflects your creditworthiness and loan repayment capacity. It ranges from 300 to 900, with higher scores indicating better creditworthiness and increased chances of loan approval.
However, obtaining a CIBIL score can sometimes be challenging, especially if you don’t have a PAN card available.
To make it easier for you, here’s a step-by-step guide on how to get your CIBIL score without a PAN card.
Step 1: Visit the official CIBIL website and navigate to the ‘Personal CIBIL Score’ section. Click on ‘Get Your Free CIBIL Score’ and follow the instructions to fill in your details.
Step 2: If you don’t have a PAN card, you can use alternative identification documents such as your passport, voter ID, driver’s license, or ration card. Enter the number of the specific ID you choose.
Step 3: Enter your date of birth, PIN code and select your state. Provide your mobile number and click on ‘Accept and Continue.’
Step 4: To verify your identity, enter the OTP sent to your mobile device. Click ‘Continue.’
Read More: TCS Announces New Delivery Center In Brazil; To Create 1600 Jobs Over Five Years
Step 5: Choose whether you want to link the device with your account. Select ‘Yes’ or ‘No’ accordingly.
Step 6: Upon successful registration, you will see a page confirming the same.
Step 7: Click on ‘Go to Dashboard’ to view your CIBIL score.
Various factors influence your CIBIL score, including:
The depth of your credit history
The trend of outstanding balances over time
Your transaction history on credit cards
The ratio of actual repayment amount to total amount due
Read More: Google Wallet to launch in India: What is it and how will it be different from Google Pay
The number of new accounts opened and closed
Your CIBIL score will give you valuable insights into your credit health and help you make informed financial decisions.
