FAQs on CIBIL

As CIBIL’s official partner, we are getting a lot of queries on checking CIBIL score at Wishfin. Here we have tried to answer all such queries ranging from report generation to authentication failure so that you can get more clarity about how to get your credit score after completing all the requirements.

What is CIBIL report?

CIBIL report is a single document which reflects your credit history over a significant period of time. This reports further assist in evaluating the credit worthiness of the individual or corporate entity. It includes the following information-

  • Personal details of an applicant (name, age, gender and address)
  • CIBIL Score
  • Number of enquiries made by potential lenders on receipt of the loan/credit card application
  • Record of previous and current loans with payment history
  • Any defaults on loan/credit card payment

Check Your Free CIBIL Report

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Q. What is the cost of fetching CIBIL score/report?

CIBIL score/report is fetched from the official CIBIL website at a cost of INR 550 whereas the same can be fetched exclusively at Wishfin.com – an official CIBIL partner FREE of COST.

Q. What all details are required to fetch my CIBIL score/report?

  • Personal details
    • Your First Name & Last Name should be as per your PAN Card
    • Valid PAN
    • Gender
    • Date of Birth
  • Contact details
    • A valid Email Id and Mobile Number that you use for all your credit related activities
    • Current Residential address
  • Authentication
    • Ensure you have access to banks/loans related information to double check your credentials before entering

Q. How do I fetch my CIBIL score/report at Wishfin.com?

The customer needs to submit few basic details to authenticate them with CIBIL and the score/report is available at your registered email id.

Step 1 – Personal Details-Share your basic details like Name, PAN, Residential address, Email id, Mobile Number.

In order for successful authentication, please ensure that all the information entered is valid (refer below) & complete.

  1. Your First Name & Last Name should be as per your PAN Card
  2. A valid Email Id and Mobile Number that you use for all your credit related activities

Online Authentication-

Step 2(a)- Successful authentication: The personal details in step 1 are validated with verification of registered email id mentioned in the details with an authentication code.

Step 2(b)- Authentication failure: With authentication failure i.e., inability to enter valid details at Step 1 or authentication code at Step 2(a), Customer is encountered with Credit related questions relating to your credit card /loan activities. Ensure you have access to all your bank/loans related information to double-check your credentials before entering.

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Post successful authentication, the customer receives the login credential to view the CIBIL report on registered email id.

Q. Why am I unable to fetch my score?

Inability to authenticate yourself can be a hindrance in fetching CIBIL score/report. The reason for you to be unable to fetch CIBIL score shall be shared to your registered email id.

Q. Why should I share my Credit card number /Loan account number?

TU CIBIL authenticates your credentials by asking questions pertaining to your credit related activities. This mechanism is followed so as to restrict any unauthorised access to an individual account and assist in building a robust system.

Q. What is the minimum CIBIL score to get a loan?

In the case of loans, the minimum credit score varies from one loan to another. However, if you have a credit score of 750 and above, most of the products are within your reach.

Q. How can I increase my CIBIL Score?

A good credit score or CIBIL score makes you eligible for best credit deals be it a loan or a credit card. To improve your credit score, you can start with simple steps such as paying credit card bills and home loans on time. Also, you can apply for any of these to create your score if you have a zero credit history.

Q. What is the best CIBIL Score to get Credit Card?

The minimum credit or CIBIL score required to get best credit cards is 750. The score is, however, is different depending on the card you have applied for and also the lender.

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Q. What is a good score in CIBIL?

A good credit score is generally considered to be 750 and above. If your credit or CIBIL score is within this range, you can apply for most of the credit cards and loans.

Q. How is Credit Score calculated by CIBIL?

CIBIL receives the monthly report from its member banks and financial institutions. The details related to the credit activity of the customer is sent to the credit bureau in order to verify the payment habit based on which the report and the score is generated.

Q. How do I check my CIBIL Score for free?

You can check your CIBIL score for free by PAN card at Wishfin.com. You just need to complete a simple process after which you will get the score and report within a few minutes.

Q. Can banks check your Credit/CIBIL Score?

Yes, banks can check your credit score and report. Everytime you apply for a credit facility such as a loan or credit card, banks evaluate your credit history to know your credit worthiness and accordingly decide whether you are eligible for the approval or not.

Disclaimer: Mywish Marketplaces Pvt Ltd(MMPL) acts as a facilitator. The CIBIL report & score is directly fetched from TransUnion CIBIL database and MMPL shall not be responsible for the same. MMPL neither takes responsibility/liability or offer guarantee for the details, accuracy and completeness of any information provided in the report, nor warrants that all these products & services will be uninterrupted or error-free.

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