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Check Your Credit Score For Free

What is Credit Score?

You can get your Cibil credit score & credit report with monthly updates absolutely free, forever. Just provide a few details on the left to get your score right away.

Credit Score is a 3-digit numeric summary of your credit history that represents your past credit behaviour that how well you have managed your credit products, like home loan, business loan, auto loan, personal loan or credit cards. Credit score is also commonly referred as CIBIL Score that is primarily a measure of your ability to borrow from Banks/NBFCs. CIBIL score is calculated and generated on the basis of the consumer’s credit information provided by the lenders on a monthly basis.

Simply put, your credit score shows lenders whether you are a reliable borrower with minimum risk, or a risky one, as well as the likelihood of you repaying a new loan in time. When you apply for any type of loan or a credit card, the lender requests a credit report check form the credit bureau to know your repayment capability and creditworthiness.

CIBIL score ranges from 300-900 in which the higher your credit score, the more likely lenders are to approve you for new credit. Usually, a credit score of 750 and above is considered a standard benchmark and preferred by lenders for loan or credit card approval. For few banks/NBFCs, even the credit score of 700+ is also considered for credit card approvals.

If you often miss or delay paying the EMIs of your loans or your credit card bills on time, your score is negatively impacted. On the other hand, if you been disciplined with the repayments of your EMIs and credit card bills, and have not displayed any credit hungry behaviour by frequently applying for credit, your credit score shall tend to increase.

TransUnion CIBIL Limited (Formerly known as Credit Information Bureau (India) Limited) is a credit bureau that generates, maintains and calculates your CIBIL score. While TransUnion CIBIL is the oldest, there are three other credit bureaus in India that offer credit report services, such as Experian, CRIF High Mark and Equifax. Each credit bureau calculates your credit score independently on the basis of your credit information that is provided to them by banks/NBFCs on a regular basis. Each credit bureau has its own model or algorithm for calculating your credit score; hence, your score from each credit bureau shall vary.

At Paisabazaar.com, you can check and download your credit report online for FREE, along with monthly updates. We have a partnership with all 4 leading credit bureaus, including CIBIL, that enables you to check, track and build your credit score – At absolutely zero cost. Please note that checking your credit report once or multiple times does not have any impact on your score and it takes just a few minutes.