How to Check Cibil Score Free Online by PAN Card

Many of you will surely agree on the fact that when it comes to a cibil free score, it is nothing but a three-digit numeric summary that basically represents the credit history and repayment record of an individual. When you apply for any sort of credit facility be it a loan or credit card, it would not be wrong to say that most of the lenders do check the same so as to be doubly sure about your credibility. This is the reason that not only the lenders but for borrowers also these three-digit numbers play a significant role.

Now you must be wondering why so? Well, for both lenders and borrowers these three-digit numbers have different importance and significance. Wanna know more about the same? Let’s go to the article below.

Let’s just first talk about the lenders. They do look at the cibil score report just to know the credibility of an applicant whether he/she can be trusted to give away the loan/credit card or not. It actually gives a quick access to an individual's profile with the help of which lenders can do the complete background research and then decide whether that applicant can be trusted or not.

Now if we look at a borrower’s point of view, a good score is a gateway that allows the applicant in grabbing the best deal. Yes, usually a numeric summary close to 700/750 out of 900 is considered to be good enough in enjoying a lucrative deal. So, if an individual maintains the same, lenders would be more than happy to lend him the credit and that too with lucrative offers and deals.

I am sure now you must be wondering what is the best way to know your score before you apply for any credit facility. Well, you would be surprised to know that through online medium you can easily know the exact three-digit summary of yours. And, for that, all you need to have is a PAN Card. That’s Right! Your Permanent Account Number allows you to know your score in a hassle-free manner.

However, one thing that needs to be mentioned here is the fact that nowadays there are many reliable sites are there that allow you to do the same. All you need to do is to have your PAN Card and you are sorted. Follow the steps mentioned below to check your cibil score free in just 2 minutes.

Step 1: Go to CIBIL score page online

Step 2: Enter your Name as per PAN Card

Step 3: Mention correct Date of Birth

Step 4: Select Gender

Step 5: Provide PAN Card number

Step 6: Enter contact details such as email address, residence address and mobile number

Step 7: Agree to the terms and condition

Step 8: Click on submit button

Now that you know the importance of this three-digit summary and also know how to check the same instantly online and that too free. Hope you will follow the steps above and use this article for your future reference.

Kavya Jain, is a financial writer who has written on various financial products.She believes in delivering best of her knowledge so as to help the readers understand the product and be aware of their financial decisions.