CIBIL score undoubtedly is the cardinal assessment of your financial well-being. Trans Union CIBIL is India’s biggest credit card information company, with a repository of over 600 million individuals and 32 million businesses. Most lenders and issuers in India check the customer’s CIBIL score before approving any loans or credit terms.
Your credit score is simply a numeric estimation of your repayment ability, gauged from past credit activities. It measures your ability to pay back the amount owed in due time. A healthier credit score reduces monetary risk for the lender, which increases your chances of securing a loan or a credit card. The threshold for a credit score to be considered healthy usually lies at around 700.
A higher credit score reflects a better payback history and merit. Potential lending institutions examine this credit score to gauge your financial credibility.
There are numerous online disquisitions on the importance of a healthy credit score and its importance in loan approvals. Hence, the requisition of your CIBIL score being above a healthy threshold is hardly understated. But how does one go about checking his or her credit score? Do you always need to keep your PAN details handy to access your score? Read on to learn more about checking your CIBIL score without your PAN details.
How do I Check My CIBIL Score without PAN Card?
Your PAN card, also known as your Permanent Account Number, is typically necessary for obtaining loans. However, you can still check your CIBIL score without it.
Instead of a PAN card, you can use any of the following identification documents:
- Passport (from Indian Citizens)
- Ration Card (Family Card)
- Driving License
- Voter ID card (from Indian Citizens)
Ensure you have one of these documents or the corresponding ID number to verify your identity when going through your score.
Easy Steps to Check CIBIL Score Online without PAN Card for FREE
While traditionally you will be required to furnish your PAN details while trying to access your Credit score online, there are a few workarounds you can implement while not having them. You can always use an alternative ID such as your passport, driving license, voter’s ID, etc., depending on what you have handy immediately. You will typically be required to furnish one of the aforementioned documents as a replacement for your PAN. The official Trans Union CIBIL website allows for the checking of your Credit score without PAN. Simply choose from one of the options listed and you are good to go.
Steps to Check CIBIL Score Online without PAN Card for FREE
Summarised below are the various steps to be undertaken to get your Credit score without PAN:
- Step 1: Navigate to the Trans Union CIBIL website and select ‘Get your free CIBIL score’.
- Step 2: Create your account with a unique username and a complex yet secure password. Input your official name and click ID type.
- Step 3: From the list of various alternatives to your PAN, choose the one that suits you the best.
- Step 4: After the said selection, you will need to enter the unique identity number of that card.
- Step 5: You will then be required to input your DOB, pin code, and state as prompted.
- Step 6: Then you will be required to fill in your mobile number and then click on ‘accept and continue’.
- Step 7: You will receive an OTP on the mobile number registered to your ID, input it, and then click continue.
- Step 8: If your device has exclusive accessibility and is a trusted one, then select yes when asked to pair your device to your newly created CIBIL account. If it is not a trusted device, then select no. Assess the situation at your discretion and then make the selection accordingly.
- Step 9: Once you’re notified of your successful enrollment, go to your dashboard to then finally view your credit score
Also, read: How to increase CIBIL score?
Things to keep in mind while checking CIBIL Score without PAN
- Though you should normally be able to view your credit score without any monetary implication, there might be some processing fees and extraneous requirements associated with the credit bureau you are visiting.
- There are also plenty of fintech apps that can estimate your credit score, so check whether these apps have a mandate for PAN details for your credit estimate. If they don’t, then you can also refer to them to get your credit score without PAN.
- There might be some variations in your score across different apps, but these fluctuations are usually microscopic, so the average across these scores will be an accurate representation of your score.
Conclusion
Keeping an eye on one’s CIBIL score by checking it monthly is highly recommended. It’s beneficial to review your CIBIL score before applying for a loan to ensure you know where you stand. Lenders place significant importance on your CIBIL score when deciding on loan approvals.
Here’s why regularly checking your CIBIL score is crucial:
- It gives you a clear understanding of your current credit status and financial credibility.
- You can identify any inaccuracies in your credit report.
- Spotting fallacy allows you to dispute and correct them.
- It safeguards you against potential fraud and unauthorized credit inquiries.
- Regular monitoring aids in enhancing your credit rating, enabling better negotiation terms with lenders.
By following the outlined steps, you can access your correct credit score at no cost. Moreover, you can easily check your CIBIL score without having a PAN card, using one of the alternative documents mentioned above for verification.
Frequently Asked Questions (FAQs):
- Is a PAN card mandatory to check my CIBIL score?
Ans: No, there is no stringent need for you to have your PAN card handy while checking your Credit score with CIBIL.
- Are there any limitations to checking CIBIL scores without a PAN card?
Ans: There are no remarkable limitations to checking your CIBIL score without PAN if you have any other government ID handy.
- How often should I check my CIBIL score without a PAN card?
Ans: Though it is recommended to have access to your PAN details whenever required, you can still check your CIBIL score with any desirable frequency without your PAN details.
Also, check:
- CIBIL Score for Bike Loan
- CIBIL Score for Personal Loan
- How to get a personal loan with a CIBIL defaulter status?
- CIBIL Customer Care Number
- What are all the mistakes that Can Lower your Credit Score?
- CIBIL Login and Registration Process
- What is an ECN number in the CIBIL Report?
- Does Changing Your Name Affect Your CIBIL Score?
- How to check and remove your name from CIBIL’s Defaulter List?
This post is also available in: हिन्दी (Hindi)
