Here is a news that can save you a few hundreds. You can get the CIBIL credit score now without any charges through CIBIL website. You can check the CIBIL status and get a report online without any charges.
CIBIL credit score has become so much important in getting loans and advances from banks. The CIBIL score gives the complete financial history of the individual tax payers and borrowers to the financial institutions.
All types of loans including credit cards and all sorts of loans – personal loan, home loan, car loan, etc. will be issued by the banks after acquiring CIBIL score of the borrower. You need 750 and above CIBIL score to get a loan from the bank. Usually banks / other service providers charge Rs. 550 to get CIBIL credit score. Now you can avail this free of cost through CIBIL website.
Following is the procedure:
1) Log on to www.cibil.com/freecreditscore
2) Provide details of Name, Phone Number, Email, PAN Number etc.
3) Get CIBIL score card
You can inform the CIBIL if any errors and mistakes are there in the CIBIL credit score data. CIBIL will get the correct data from the banks and correct the credit report.