Yes, it is true to say that CIBIL score can be fetched with/without a PAN card. A credit score is not fully based on the availability of PAN Card. An accurate credit score is linked to the individual’s personal details like as name, date of birth, phone etc. This is plausible with the help of a combination of details apart from PAN & Aadhaar.
It is allowed to have your credit score from any of the reputed credit bureaus for free, once annually.
Differing views on CIBIL score & PAN card
If at all we take a differing attitude, then it is not one stand on the IDs required for an accurate CIBIL score.
To a large extent, a credit score is really helpful in assessing the credit score of an individual. This will provide more information about the individual’s credit capabilities and loan eligibility. Infact, whenever an individual approaches a bank loan, the overall potential of the individual is assessed. Based on different parameters, an individuals’ intentions and actions are figured well. Though, the credit score is way more relevant for financial institutions and to consider individual needs. An accurate credit report presents all the information required by banks/financial institutions. Important details like credit history, loan accounts and other basic details can be easily found on the report. The information in a collaborative way will make up an individual’s credit score.
People must often input request for their credit report so that it’s easier to make changes to insufficiencies. And if at all, that’s the scenario, then its best to update at the earliest. It is always advised to keep up with the market changes and implement as and when required. You must know the reasons for the ups and downs in the credit score.
How can credit score be easily retrieved?
Whenever you wish to review your credit score, its best to enter a few basic details along with the PAN number. There are times when you’re also required to make a nominal payment. However, if its once a year, then a free checkup is possible.
CIBIL is considered quite accurate compared to the other credit bureaus in town!
Now, let’s understand why PAN is required to check CIBIL score?
PAN Card is the most customary for an individual to use whenever individuality is to be established. It is also true that most financial affairs are linked to an individual’s PAN card. This document only eases your pathway to banks and financial institutions. A PAN card is only a primary source for all centralized information and validate the retrieved data.
However, if you don’t have a PAN card, it’s still okay to have a different identity card. So a CIBIL score can be achieved by using the said identity proof number found on Passport, Voter ID, Driving License, etc.
Alternative way to access PAN information
If you have checked your credit score before, then it’s possible to use the same email ID for finding your information. In case you’re taken to the payment page, then let your payment get processed and report delivered. It is also possible to have a physical copy of the same or an online copy.
So clearly, if you do not have a PAN handy, it’s easy to still have your credit score requested. You would just need details like Name, Birthdate, Identity Proof, Contact Number, Address and Identity Proofs.
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