You must be doing some work or the other to earn your livelihood. Saving for daily expenses, children's education and future, etc. Similarly, money is needed for an unknown number of works. Apart from this, sometimes such big works also come, when a person has to take a loan from the bank. Apart from marriage, studies, or buying a house, many times people have to take loans for other purposes as well. In such a situation, if you are also going to take a loan or are planning, then you can check your CIBIL score first. With this, you will be able to know in advance whether your loan can be approved or rejected due to the CIBIL score. So let's know how you can check your CIBIL score for free through Paytm. You can learn how in the next slides...
You can check the CIBIL score like this:-
Step 1
If you do not have the Paytm app, then first download it from the Play Store and if you already have the app, then update it.
Then you have to install the app, after which you log in with your mobile number and OTP or password.
Step 2
After login, you will get many options on the app
All you have to do is go to the search bar and search by typing free credit score
Then as soon as this service is available, click on it
Step 3
After clicking on the service with a free credit score, you will be asked for some of your important information.
Like- PAN card number, mobile number and date of birth, etc.
Fill all these details correctly
Step 4
Then when you fill in all the information, your CIBIL score will appear in front of you.
Generally, people with a credit score above 685 are considered eligible for the loan. However, the final decision on this rests with the bank.
(PC: Freepik)
