CIBIL Score. Check Free CIBIL Score Online and More Details on Credit Score and CIBIL Report

Updated: Sep 21,2019 12:57 IST

CIBIL Score. Check Free CIBIL Score Online and More Details on Credit Score and CIBIL Report
CIBIL or CIBIL Score is one mandatory check that will be made when it comes to applying for any kind of loan. CIBIL score gives the creditworthiness of an individual and the score is given as credit report. Check CIBIL Score Online and get more information on how to improve your CIBIL Score from the article below.

What is CIBIL?

CIBIL stands for Credit Information Bureau (India) Limited formed in 2000 August and it is the first Credit Information Company in India. Credit information has become one of the major field with the growing economy and millions of transactions happening on every day basis in various sectors. Credit information of an individual or a business or a firm has become important in case of making any deals or approval of loans or any other credit related happenings. In order to calculate these credit information there are around four credit information companies in India and CIBIL stands as the oldest and top credit information company and it is functional from January 2001. The other three Credit Information Companies are Experian, Equifax and Highmark with the operational license from 2010.

What is Credit Information and How is CIBIL Calculated?

Credit Information is nothing but credit transactions of an individual or a company that is being maintained by CIBIL and the credit information records are drawn on monthly basis. Credit Information gives the ability of an individual or a company in repaying the debt and how an individual or a company maintains to pay back its credits at the right time. Credit Information record that are collected is used to generate the CIBIL Score. CIBIL Score or the Credit Score are calculated and the record is maintained by CIBIL. CIBIL Score gives the credit worthiness of an individual in getting approval of loans from banks and other financial institutions.

Overview on CIBIL Score

A CIBIL Score is nothing but the credit score of an individual given by CIBIL based on the transactions and payments made on their loans and credit cards. CIBIL is the three digit summary of an individual’s credit history. The score is calculated based on the credit history of an individual and is given along with the monthly Credit Information Report. CIBIL collects all transactions pertaining to an individual’s credit card and any loan amount if applicable from banks and financial institutions to calculate the CIBIL Score and the records are maintained on monthly basis.

What is a CIBIL Score?

CIBIL Score is the numerical notation of your credit information and your credit history. CIBIL Score is denoted in three digits and the CIBIL Score ranges from 300 to 900 with 300 being the lowest range and 900 being the highest range. CIBIL Score of an individual or a company determines the loan approval and the CIBIL Score is only connected with your credit transactions and have no records related to your savings or fixed deposits. CIBIL Score is a major checkpoint in approval of loans requested by individuals or companies.

What is a Credit Report given by CIBIL?

Credit Report is generated by CIBIL based on the credits you have acquired that is loans, your credit card, any overdrafts, etc. Credit Report is generated by acquiring all the credit information of for an individual or a company from the banks and financial institutions and the credit report is prepared by the credit bureau and the credit report is prepared on monthly basis. The credit information acquired is reflected as credit report and CIBIL Score. Credit report is the detailed credit information whereas CIBIL Score is the single denotation of your entire credit report. All the credit reports are maintained by CIBIL.

Why should you maintain a good CIBIL Score?

Apart from basic eligibility like age, occupation, etc one of the major check the banks puts forward is your CIBIL Score. For availing any kind of loan maintaining a good CIBIL Score is mandatory. Credit Score of 750-900 is considered to be good range and there are chances of instant loan approved by the bank. Lower CIBIL Score doesn’t provide you the expected loan amount in worst cases there are higher chances of loan rejection. Lower CIBIL Score means plain rejection of loan. So, it is recommended you have a good CIBIL Score before you apply for any loan and that you maintain a good credit score.

What is the good and a bad CIBIL Score?

CIBIL Score is the three digit numerical representation of your credit information and credit history. The importance of calculating CIBIL Score is to calculate the entire credit transactions made which in turn is used to approve any credits for an individual i.e. to provide any further credit the previous credit history has to be checked. CIBIL Score is based on the repayment capacity of an individual that payments made at the right time and proper repayments. 900 is the top credit score and 300 is the least CIBIL Score. For quick and instant loan approval, a CIBIL Score of above 750 is considered to be a good CIBIL score and any score below 750 ranges from fair to poor credit score where loan approval is decided upon by the banks or financial institution.

What are the ranges of CIBIL Score?

For any loan approvals or credits one should have a good CIBIL Score which is directly related to the loan approval. CIBIL Score is the one major criteria for loan approvals. CIBIL Score falls under five categories ranging from Excellent score to Very Poor score and the ranges of CIBIL score are listed below.
  • CIBIL Score of range 300-619 is the least score and it is tagged as “Poor” score and loans are rejected plainly.
  • Range of 620-659 is “Fair” score and loan approval in such cases are very minimal.
  • Range of 660-719 is “Good” CIBIL Score and for loan approval there are 75% chances of approval along other document proofs being proper.
  • Range of 720-749 is a “Great” CIBIL Score and loans are instantly approved.
  • Range of 750 above is an “Excellent” CIBIL Score and loans are approved instantly.

How to Get a free CIBIL Report?

One can easy apply to obtain a CIBIL report. It is free to obtain CIBIL report only once in a year. For if anyone is in need of their CIBIL report more than once, then they have to pay a fare of Rs.550. There are many paid plans to obtain CIBIL reports as and when required. Follow the below given steps to easily obtain a CIBIL report.
  • Visit official link of CIBIL.
  • Click the link to check the CIBIL report for free.
  • Create a CIBIL account by providing necessary details.
  • Fill the form and check the box provided for terms and accept it.
  • After which, CIBIL Information of yours is displayed.

What are the Details Available in the CIBIL Report?

The main purpose of the CIBIL is to know the creditworthiness of a person. When anyone is applying for any kind of loans, the financial institutions expect you to provide your CIBIL report. Some of the details which are available in the CIBIL report are listed below.
  • CIBIL score
  • Details related to the loans prevailing
  • Name
  • Date of birth
  • PAN number
  • Aadhar number
  • Other identification proof serial numbers
  • Current residential status
  • Previous residential status
  • Current employer and address
  • Previous employer and address
  • Income tax filing records

General Related News

Aadhar Card Update - How to Update/Correction Aadhaar Card Name, Address, DOB, Mobile Number Details Online at UIDAI

26 days ago
Aadhar Card Update or Update Aadhaar: Know detailed Aadhar Card Update Procedure about How to Update/Correction Aadhaar Card Name, Address, DOB, Mobile Number Details Online at ....

Sardar Patel Scholarship 2020 - Apply Online for Sardar Vallabhai Patel Scholarship 2020 for Student Pursuing Graduation

69 days ago
Sardar Patel Scholarship 2020 for Students Pursuing Graduation: Buddy4Study India Foundation’s Sardar Patel Scholarship 2020 for Student Pursuing Graduation should be applied ....

Aadhar Card - Latest Aadhaar Card Updates and Complete Aadhaar Card Information, Number Online

76 days ago
Aadhar Card - Aadhaar Card is the unified national identity issued by UIDAI for every Indian resident. Aadhar Card has become essential for every single process and transactions, ....

Aadhar Card Download: How to Download Aadhaar Card Online and Print out e-Aadhaar at

83 days ago
Aadhar Card Download - Step by Step Procedure to Download Aadhaar Card by Name, DOB, Entrollment Number, Mobile Number or Without Mobile Number at UIDAI Website. UIDAI is an easier ....

Check Aadhar Card Status Online at UIDAI, Enquiry Aadhar Card Update Status

88 days ago
Aadhar Card Status: Aadhaar Card Status reveals the position of your Aadhar Card application, Check Aadhar Card Update Status by Name, Phone Verification Online and any time after ....

Chandra Grahan 2020: Chandra Grahan Lunar Eclipse on June 5, Chandra Grahan Date, Timing in India

119 days ago
Chandra Grahan 2020: The second 2020 Chandra Grahan Lunar Eclipse is set to take place on June 05. The first lunar eclipse took place on 10th January earlier year. On 5th June ....

OSBCL Odisha Liquor Home Delivery Order Online at - How to order liquor online in Odisha

120 days ago
OSBCL Online Delivery: Odisha State Beverage Corporation(OSBC) Limited resumed its work on Saturday to restart sales of online liquor delivery in Odisha. Liquor home delivery in ....

Aadhar Card for Children. How to Apply Online and Offline Mode and Other Details

123 days ago
Aadhar Card for Children as well as an adult is a voluntary process and can be enrolled for even a newborn baby. Aadhar Card for Children can be got with the proof of address and ....

Aadhar Virtual ID for Aadhar Authentication How to generate VID, Retrieve and More

123 days ago
Aadhar Virtual ID is the 16 digit number which can be generated only by the Aadhar card holders. Aadhar Virtual ID is outlined along with the Aadhar number for the privacy and ....

How to Lock and Unlock Biometrics in Your Aadhar Card Different Methods in Detail

123 days ago
UIDAI had set up a feature for locking and unlocking the cardholders' biometric information. Aadhar Lock and Unlock Biometrics information in Aadhar Card can be done through ....

Trending News

Kickass Torrents 2020: KickassTorrents (KAT) Illegal Hollywood HD Movies Download from KickassTorrents com

9 hours ago
Kickass Torrents 2020: KickassTorrents (commonly abbreviated KAT) was a website that used the BitTorrent protocol to provide a directory for Kickass torrent files and magnet links ....

Tnmachi da 2020: Illegal HD Tamil Movies, Tamil Ringtones Tnmachi da Download, Latest Tnmachida News

9 hours ago
Tnmachi da 2020: Tnmachi da is one of the top free download websites that frequently upload the latest Tamil movie. Even within one week of its release, the Tnmachi da website ....

MoviesMachi 2020- Illegal HD Hollywood, Tamil Dubbed Movies MoviesMachi Download from MoviesMachi com

9 hours ago
MoviesMachi 2020: MoviesMachi is a piracy website giving its audiences a huge collection of Tamil, Telugu, Hindi, Malayalam, Kannada, and Bengali movies online for free. The extensive ....

Yify Movies 2020: Download illegal HD Hollywood Movies Website YTS, Latest Yify Movies Movies News at Yify Movies

9 hours ago
Yify Movies 2020: Yify Movies or YTS effectively provided a free download of films and TV series on their online site. This piracy web site gained tremendous popularity among film ....

Mkvmoviespoint 2020 - Illegal HD MKV Moviespoint Hollywood, Bollywood mkvmoviespoint Movies Download at mkvmoviespoint com

9 hours ago
Mkvmoviespoint 2020: The mkvmoviespoint online website is infamous for leaking multimedia material on the platform and the mkv moviespoint update is done for downloading Hollywood, ....

1movies 2020 - 1movies Illegal Bollywood HD Movies Download 1movies News and Updates

9 hours ago
1movies 2020 - 1movies is one of the most visited illegal websites that allows users to download a huge 1movies collection of pirated movies for free. 1movies Movies Download illegal ....

Xfilmywap 2020: Xfilmywap Illegal Bollywood, Hollywood Dubbed HD Movies Download Website - Fresherslive

9 hours ago
Xfilmywap 2020: xFilmywap is a notorious film leak website. xFilmywap Online helps people to access and watch videos in different types from their website. ISPs in parts of India ....

Fliz Movies 2020 - Download FlizMovies HD Hindi Movies, Latest Fliz Movies Movies News

9 hours ago
Fliz Movies 2020 - Fliz Movies is one of the most visited illegal websites that allows users to download a huge collection of pirated movies for free. FlizMovies Movies Download ....

9xrockers 2020: 9xrockers Malayalam Movies Download HD Website, Telugu, Tamil Movies Download Latest 9xrockers News

9 hours ago
9xrockers 2020: 9xrockers is a piracy website to download Malayalam Movies HD, Telugu Movies, 9xrockers Tamil online illegally for Free to its users. 9x rockers website allows ....

Ipagal 2020: Ipagal Illegal Bollywood, Hollywood Movies HD Download, Latest Ipagal Movies News at ipagal com

9 hours ago
Ipagal 2020: Ipagal is a notorious torrent website that posts Bollywood movies illegally, as well as i Pagal Hollywood Dubbed Movies and Tamil Dubbed Movies for Free from Ipagal ....

FreshersLive - No.1 Job site in India. Here you can find latest 2020 government as well as private job recruitment notifications for different posts vacancies in India. Get top company jobs for both fresher and experienced. Job Seekers can get useful interview tips, resume services & interview Question and answer. Practice online test free which is helpful for interview preparation. Register with us to get latest employment news/rojgar samachar notifications. Also get latest free govt and other sarkari naukri job alerts daily through E-mail.