How to get Credit Report for free?
Given the importance of the credit report in an individual’s financial matters, Reserve Bank of India (RBI) through a notification dated 1 September 2016, made it mandatory for all the four credit information companies in India to provide one free credit report including credit score, once every year (January-December), to individuals on request
There are four authorised credit bureaus in India as of now. Of these CIBIL is the oldest and has the widest coverage in terms of number of customer accounts. Newer ones like Experian, Equifax and CRIF High Mark are also growing fast.
Here is how you can get a free CIBIL report once a year.
Step 1: Go to the CIBIL website
Step 2: Fill out the provided form that requires your necessary information such as name, contact number, email address and click on continue.
Step 3: Fill out the additional details about you including your PAN (permanent account number). Make sure to enter your PAN details correctly to proceed to the next step.
Step 4: Answer all the questions correctly about your loans and credit cards, based on which your CIBIL score will be calculated, and your completed credit report generated.
These are the four main steps to be performed to check CIBIL score
However, the ones below are a continuation of the above listed main steps.
Step 5: You will be suggested various paid subscriptions (if you need more than one report in a year). If you require only a one-time, free credit score and report, then proceed to select No
Thanks at the bottom of the page.
This is the stage where your account is created, and a confirmation message is displayed on the following page.
Step 6: Using your login and password that was created in Step 2, you can log in to your account.
To proceed further, you need to authenticate yourself. You will receive an email on your registered account. Click on the link and enter the one-time password provided in the email.
You will be prompted to change your password and login again.
Step 7: Once you log in, all your personal details will be auto-populated by default (please provide the accurate information if the fields are not auto-populated). Please enter your contact
number and click submit.
Step 8: Once you submit that form your dashboard will be shown with your CIBIL score. Additionally, you can get your credit report on the dashboard.
However, it is advisable that you regularly check/ review your credit score. One needs to monitor and track the credit report closely as the report is updated on a monthly basis. Read here to understand how to read and interpret your CIBIL report.
You can follow the same step-wise process for the other three credit bureaus.
Link to get credit report from:
Experian – https://consumer.experian.in/ECV-OLN/signIn
CRIF High Mark – https://cir.crifhighmark.com/Inquiry/B2C/B2CFFCRPortal.action
Equifax – https://eport.equifax.co.in/gcs/registration.jsp#/gcs/portalRouter/landing-page