A CIBIL score is crucial for anyone looking to apply for a loan to cover their personal, professional, or company needs. It is a very significant statistic that lenders use to assess a borrower’s creditworthiness. A CIBIL score, which measures a borrower’s creditworthiness based on prior repayment behavior, is a three-digit figure between 300 and 900. The better you are regarded as a borrower, the higher your credit score.
Why PAN Card is Important to Check CIBIL Score?
If you want to check your CIBIL score, you can go to the website of lenders such as Credit Success and check it. For checking your CIBIL score, you need to key in a few details, the most important being your PAN Card Number. Your PAN is linked to your financial transactions. Every time you perform a financial transaction, it gets logged against your PAN Number. Consequently, CIBIL uses your PAN Number to aggregate all your financial transactions such as loans, credit cards, etc. Hence, PAN Card or PAN Number is important to check your CIBIL score.
CIBIL Score Range
It is always better to have a high CIBIL score. The closer it is to 900, the better it is considered. A high CIBIL score enhances your chances of getting:
- Approval for a loan
- Low-interest rate on the loan
- High loan amount
- Better repayment terms
The following table shows the indicative range for the CIBIL score. Please note that these ranges are only indicative, not sacrosanct. The thumb rule to be followed is, the higher the CIBIL score, the better your chances of loan approval and good terms.
| CIBIL Score Range | Classification |
| 550 or below | Bad |
| Between 550 and 649 | Poor |
| Between 650 and 699 | Average |
| Between 700 and 749 | Good |
| Between 750 and 900 | Excellent |
Steps to check CIBIL score by PAN Card
If you wish to check your CIBIL Score online for free using your PAN Card, you can go to the website of a modern-age lender such as Credit Success. Following are the steps to check your CIBIL score with PAN Card:
Go to website of Credit Success & visit webpage of ‘Free CIBIL Score’.
Enter your Name, Mobile Number, E-Mail, Address
Enter your PAN Number
Press “Submit”
Within a few seconds, your CIBIL score will be displayed on the screen. If you want a detailed report, click the “View Report” button. You will get a detailed list of all the credit facilities you have availed of – loans, credit cards, etc.
Frequently Asked Questions
Can I check my CIBIL score online for free?
You can check your CIBIL score online for free by visiting webpage of ‘Free CIBIL Score’.
Is CIBIL based on a PAN card?
Since all your financial transactions are reflected in your PAN number, it is essential to enter your PAN number to get your CIBIL score.
How to Find the Exact Cibil Score?
Follow the steps mentioned above in the section – “Steps to check CIBIL score by PAN Card”
Is it possible to check my CIBIL score if I don’t have a PAN card?
Yes. It is possible to check your CIBIL score even if you do not have a PAN Card. You will need to furnish other details such as your name, address, date of birth, passport number, voter’s ID, etc. However, it is best to check your CIBIL score by PAN card.
