If you are a loan holder or have an outstanding loan to pay, then you need to maintain a good CIBIL score. However, if you are someone who is first time taking a loan, then you need to keep your CIBIL score good as well. In this article, we will be sharing the easy steps to Check CIBIL Score with Aadhaar, and you can easily follow these steps to check your CIBIL score instantly. Keep reading the article till the end!
What is A CIBIL Score?
Folks, if you are someone who is first time looking to take a loan or want to check your credit score, then you need to check out this section of the article till the end. For the ones who are unversed, the CIBIL score is a three-digit number that varies from 300 to 900, and this plays an important role in showing your creditworthiness for the repayment of loans and the usage of credit. A better CIBIL score is usually one that ranges from 750 and opens up avenues to better financial prospects, like quick sanctions of loans, lower interest rates, and higher limits on credit. Well, the Aadhar card is an important document in India that will help you to check your CIBIL score. However, there are other ways as well that will help you to check your CIBIL score.
Head to the next section of the article to learn more about Check CIBIL Score with Aadhaar.
Can CIBIL Score Only be Checked with Aadhar?
If you are someone who is looking to check your CIBIL Score but is wondering whether your Aadhar card will be helping you to do the same, then you need to check out this section for more. It is important to note that Aadhar is not the only document that is required for you to check the CIBIL score, there are other documents as well that will help you to get to know your CIBIL score.
However, Aadhar acts as the primary and one of the most recognized Indian identity verification documents which are along with other documents of verification such as PAN. However, the credit bureaus still depend upon PAN for checking the financial status of the ones who are looking to pay their loan or extend their credit limit. But if you are someone who regularly checks your CIBIL score online or is someone who likes to go for the digital route, then you will know that Aadhar plays an important as a supporting document for checking the CIBIL score online.
Now that you have got a good understanding of Check CIBIL Score with Aadhaar. Head to the next section of the article to learn about the process to check CIBIL score with Aadhar.
How to Check CIBIL Score?
Now that you have a good understanding of the relevance of Check CIBIL Score with Aadhaar, here are the steps that you need to follow if you are looking to do Check CIBIL Score apart from using Aadhar card
Through CIBIL Website
Folks, if you are not comfortable checking your CIBIL score with Aadhar card, then you can also directly go to the official CIBIL website to check the same. Firstly, you need to start by going to the official website and then click on ‘Get Your CIBIL Score.’ Once done, then you will need to sign up if you are a new user. You will need to provide your personal information for the signup process. These would include email, mobile number, and the ID type
Then, you will need to verify yourself after filling in the details online. You will be sent an OTP for verification to your registered mobile number. Once you have verified, you will be directed to the CIBIL dashboard, and you can view your credit score along with a summary of the credit report
Third-Party Website and Mobile Applications
If you are someone who is not looking to Check CIBIL Score with Aadhaar, then, you can also go for the third-party applications that come with mobile apps. For that, you will need to go to the official website, and you will find an option on the website for signing up you will need to provide all the necessary credentials, including mobile number, email address, and proof of identity such as PAN and Aadhar. Once the verification is done, there will be an authentication through OTP, and then these portals will retrieve your credit score after the verification and display it within minutes.
Now that you have a good understanding of the processes that you can follow if you are not looking to Check CIBIL Score with Aadhaar. Head to the next section of the article to learn about the eligibility criteria to access the credit lines.
Eligibility for Accessing Credit Lines
Folks, if you are looking to get a credit loan or credit expansion, then here are the criteria that you need to fulfill to get the same:
Age
The age criteria for accessing the credit lines are 21 to 58 years in the case of salaried individuals and 23 to 55 years in the case of the self-employed.
Income
The income criteria when it comes to credit loan or expansion need to be Rs.20,000 in case of salary and Rs.21,000 in case of self-employment
Credit Score
This is another one of the important criteria that you need to fulfil if you are looking to get a credit loan. You get a credit loan, your CIBIL score should be 650+, and this makes for better eligibility for any of the credit products
Residency
The individual must be a citizen of India if you are looking to increase your chances of getting a credit loan or repayments.
Tips to Improve CIBIL Score
Folks, it is quite an important task to keep your CIBIL score impressive if you are looking to get a credit loan. Here are some of the tips that you can put to use to improve your CIBIL score:
Paying EMI and Credit Card Bills on Time
This is one of the most important tips that you can follow if you are looking to improve your CIBIL score. Make sure to pay your EMI and credit card bill on time, and this will help you to improve your CIBIL score significantly
Paying Off Overdue Debt
This is another one of the key tips that you need to keep in mind if you are looking to improve your CIBIL score. Make sure to pay off any kind of overdue debts and any kind of remaining balances. This will help you to apply for a new credit
Conclusion
If you think that the only way you can check your CIBIL score is through Check CIBIL Score with Aadhaar, then you might be wrong as there are many other ways for you to check your CIBIL score, and you can easily follow the above ways. That’s all, folks. I hope the article will help you to get all the information you need.
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