Know Your PAN Card CIBIL Score: What Is The CIBIL Score And Why Do You Need It?

check cibil score by pan card, Steps to check your CIBIL Score by using the PAN Card: · Click on the top right option that says ‘Get Your Credit Score

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What is CIBIL?

CIBIL, the Credit Information Bureau (India) Limited, is the information services division of Suresh Sadagopan of RA Pai & Associates. They are the largest credit information companies in India. CIBIL provides various services in India and around the world. CIBIL was established in 1995 by Suresh Sadagopan and are primarily known for their credit information. They have a database of around 50 million consumers.

What is PAN Card?

PAN card is an identification card issued by the Income Tax Department. PAN card is an important document that has the signature of the taxpayer and his Aadhaar number. If someone is unable to produce PAN card to the tax department then he/she may face complications with payment of income tax. Since PAN card also acts as your Bank Verification Number (BVN), there are several services available that give instant access to your PAN card with just a few keystrokes. CIBIL: PAN Card Score PAN card can act as your Bank Verification Number (BVN), if you are travelling to different places but do not have your PAN card handy. Once you are at a place where you can not access your phone, you can check your PAN card status by doing some simple clicks.

How to check CIBIL Score by using PAN Card

At the top of the page, there is a link that says ‘Get your Credit Score‘. · You can access your credit score using your PAN card by entering the PAN card number and password. · Enter the Permanent Account Number (PAN), the date of birth and other required details. · Select the credit score you wish to see and click on the submit button. · Download your credit score from the screen and keep it as a security measure. · You can also get your credit score instantly by logging in to the same website. Danger of doing business with cash transaction companies: All these cons are serious as they not only give false information about the identity of their clients but also expose them to financial loss and a fraudsters who will take a long time to convert the business into a real one.

Why You Need CIBIL Score

CIBIL is one of the most popular b2b credit bureaus, offering consumer, small business, and business loan data and score reports. You will be able to get the complete picture of your financials from a single dashboard. CIBIL has come up with unique products and services for clients and customers alike. It is very crucial for your financial status that you know your CIBIL score. Being the sole verification source, it is a must to get your credit score for every loan application. Being the most sought after credit bureau, it works all through the year to get your credit score updated. We will explain below the top reasons why you should have a CIBIL score. Why CIBIL Needs To Be Paid Attention To?

Conclusion

If you have an NRO or HEC, you may be eligible to avail the LPG subsidy under this scheme but the remaining 90% subsidy will be given to the DBT of consumers through an Aadhaar linkage with the bank accounts.

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