By jahanzaib 
Are you curious about your creditworthiness but unsure how to assess it? Don’t worry, because you can easily check your TransUnion CIBIL score online using your PAN card. Your CIBIL score is a numerical summary of your credit history that lenders look at when considering your loan application. Having a high CIBIL score can improve your chances of getting a loan and can potentially lower your interest rates as well.
So, how exactly can you use your PAN card to check your CIBIL score online? And how does this relate to e-PAN card download? Let’s delve into the details to make this process as quick and simple as possible.
Step 1: Visit a Credit Information Company’s Website
First, you need to visit a Credit Information Company’s (CIC) website that offers online CIBIL score access. The major Indian CICs are TransUnion CIBIL, Equifax India, Experian India, and CRIF High Mark. Most of these organizations provide the facility to check your CIBIL score for free once a year.
Step 2: Personal Identification
On the website, look for “Check CIBIL Score” or similar tabs. You will be prompted to fill in some details for identification purposes, including your PAN card number. Inputting the correct PAN card information is essential as it is your primary identification tool. In case you don’t have your PAN card, consider an e-PAN card download beforehand, which is a quick process that can be executed from the comfort of your home.
Step 3: Fill out the Form
Once your PAN card details are verified, you will have to fill out a simple form. This form will request your name, date of birth, gender, residential address, and contact information.
Step 4: Answer the Security Questions
After having all your information in place, you’ll be asked a few security questions, based predominantly on your credit history. Make sure you answer them correctly as it is a significant part of verifying your identity.
Step 5: Get your CIBIL Score
Post-verification, you will be directed to a new page containing your CIBIL score and report. Some websites may ask if you wish to receive your score and report via email.
It’s important to note that while checking your CIBIL score is free once a year, frequent checks might attract a service fee.
Having discussed how you can quickly check your Credit score online, it’s worth noting how important your PAN card is in this process. Your PAN card is a vital proof of identity in India, especially for financial transactions and credit applications. In case you don’t have a physical PAN card, don’t worry. The Income Tax Department issued electronic PAN or e-PAN cards could be an excellent alternative for you. Using a CIBIL score checking app can streamline this process, making it easier than ever.
The e-PAN card is a digitally signed PAN card issued in an electronic format by the Income-tax department. It carries your photo, signature, QR code, and all the necessary details as they appear on your physical PAN card. Moreover, it is as legally valid as the physical PAN card. In short, the e-PAN card has all the features of the physical card minus the hassle of carrying it around.
The application process for an e-PAN card is straightforward:
1. Visit the Income Tax Department’s official website.
2. Look for the “Instant e-PAN” button or similar tabs.
3. Fill out the application form and upload all requested documents: proofs of identity, address, and birth.
4. Submit your form and pay the fee, if applicable.
5. Upon successful verification, you would get the e-PAN download link on your registered email id.
To sum up, if you’re keen on monitoring your credit health, knowing how to check your CIBIL score online using your PAN card will prove helpful. As part of this process, the e-PAN card download option ensures you don’t miss out on accessing your CIBIL score if you haven’t got a physical PAN card. As we race into a digital future, embracing these online processes will only make life more comfortable and more convenient.