Monitor your credit health by instantly checking your credit score using a PAN card for free.
CIBIL Score is a three-digit score provided by TransUnion CIBIL, one of the credit bureaus in India. This score reflects your creditworthiness and can be accessed for free on Bajaj Markets, anytime and anywhere.
To get insights on your current credit standing and manage your financial future better, you can check your CIBIL score using a PAN card. With a good credit score, you can get quicker approval and easier terms on loans and credit cards.
A Permanent Account Number (PAN) is not just a crucial document for tax-related purposes but also plays a significant role when you apply for credit products like credit cards, loans etc. When it comes to checking your CIBIL score, here is why it proves to be significant:
Your PAN card serves as an identification for your financial and credit information, making it an effective way to retrieve your CIBIL score.
Using this unique identifier ensures that you get the correct credit history while preventing any unauthorised access.
You can check your CIBIL score online for free with a PAN card without requiring any additional documents.
Most credit bureaus and financial institutions rely on the PAN card for checking your credit score.
Your PAN card is the most crucial document when you want to check your credit score. Here is a step-by-step guide on how to get your credit report and score on Bajaj Markets using this unique number:
Click on the ‘CHECK YOUR SCORE’ button on the CIBIL Score page
Provide the required information, including your PAN details and mobile number
Select your employment type and agree to the terms and conditions
Enter the OTP received on your registered mobile number
Click the ‘Submit’ button to access your CIBIL score
You can even check your CIBIL score with a PAN card through the official CIBIL website for free once a year. For this, all you have to do is click on the ‘GET FREE CIBIL SCORE & REPORT’ option on the home page and fill up the required information.
Enter the OTP received on your registered mobile number to check your score and the CIBIL Information Report (CIR) containing your detailed credit history.
Apart from your PAN, you will need to provide certain basic personal details to access your credit score and report. Bajaj Markets requires you to add the following details:
Name
Date of Birth
Mobile Number
Email ID
Residential PIN code
Checking your CIBIL score using your PAN card is a quick and convenient way to monitor your credit health. However, to ensure a smooth and secure experience, keep the following considerations in mind.
If you have lost your PAN card and got a new one, it may impact your credit score if it is not linked to your previous credit records. Due to a mismatch in your PAN details, the CIBIL database may detect inaccuracies in your report.
It is crucial to inform credit bureaus about such a change to avoid any implications.
If you have lost your PAN card and are using a duplicate one, your Permanent Account Number will not change. Your credit score will thus remain unaffected.
A PAN card is a unique identifier, and having multiple PAN cards is an illegal offence. If you have more than one card, you will have to pay a penalty of up to ₹10,000 as per the Income Tax Act, 1961. Moreover, your credit score will surely take a hit.
Yes, it is safe to check the CIBIL score online for free with a PAN Card on Bajaj Markets. It keeps your information safe from any unauthorised access.
Yes, you can use another identity document, like a voter’s ID, passport, etc., to request a credit bureau or platform for your credit score.
Yes, you can generate your credit report without a PAN card using alternate identity documents.
If you remember your Permanent Account Number, you can access your CIBIL report without requiring a physical copy. If you do not remember it, you can request for a duplicate PAN from the Income Tax Authorities to access your credit information.
No, checking your CIBIL score using your PAN card refers to a ‘soft enquiry,’ which doesn’t affect your score. However, when lenders check your CIBIL score, it is called a ‘hard enquiry,’ which may or may not impact your score.
If you link your past credit history with your new PAN card, your CIBIL score will remain unaffected. If not, your credit score may decrease as your credit history is wiped out.
No, if you update information on your PAN card, it will not impact your CIBIL score.
No, for verification purposes, standard protocols require you to enter your mobile number and OTP received on it to access your credit score.
No, apart from your PAN, you can use other ID proof, such as your:
Driver’s Licence
Voter ID
Passport
Ration Card