What Is CIBIL Score? Check Its Importance, How To Check Online

The borrower’s CIBIL score is looked into while seeking loans from banks or any other financial institution. Importance of CIBIL Score If you go to take a loan or apply for a credit card, the bank checks your CIBIL score to ensure your creditworthiness and risk profile. Banks also offers cheaper loans to those having good CIBIL score. Following are the steps through which you can check the CIBIL score: 1) Go to the official CIBIL website https://www.cibil.com/ 2) Select ‘Get your CIBIL Score’ 3) Click on ‘ 4) Type in your name, e-mail ID, and password. Type in the OTP and select ‘Continue’ 7) Select ‘go to dashboard’ and check your credit score 8) You will be redirected to the website, myscore.cibil.com 9) Click on ‘member login’ and once you log in, you can see your CIBIL score.