CIBIL’s (Credit Information Bureau (India) Limited) score is updated by the credit bureaus in India. The credit bureaus collect information from banks, financial institutions, and other credit providers to compile credit reports.

The CIBIL score is updated on a monthly basis, reflecting any changes in the credit history of an individual. The credit report is generated based on an individual’s credit history, including information on credit cards, personal loans, home loans, auto loans, and other types of credit.

It’s important to maintain a good CIBIL score, as it is one of the key factors that banks and financial institutions consider when evaluating loan applications or credit card applications. A good CIBIL score can improve the chances of getting a loan or credit card at a lower interest rate, while a low CIBIL score can make it difficult to get credit or result in higher interest rates.

Individuals can request a copy of their credit report from the credit bureaus to check their CIBIL score and credit history. This can be done annually or as needed to monitor any changes in the credit history and to ensure that the information is accurate.

What are the details required to check CIBIL?

To check your CIBIL score and credit report, you will need to provide the following details:

1. Full Name: Your full name as it appears on your credit records and government-issued ID proofs.
2. Date of Birth: Your date of birth, is used to verify your identity.
3. Address: Your current and previous addresses, including the city and state.
4. PAN Card Number: Your Permanent Account Number (PAN), which is a unique 10-digit identification number assigned by the Income Tax Department of India.
5. Contact Information: Your current phone number and email address, which the credit bureau will use to communicate with you.

It’s important to ensure that the information provided is accurate and up-to-date, as errors or discrepancies in the information can affect the accuracy of the credit report and CIBIL score.

You can request your credit report and CIBIL scores from the credit bureaus directly, either online or by submitting a request in writing along with the required information and fees. You can also check your CIBIL score through authorized third-party services, such as banks and financial institutions, that provide access to credit reports.