How to Check the Credit Score on WhatsApp for Free?

Dawn Richard  |

This is going to be the first-ever technique of checking the credit score wherein the Indian individuals will get access to calculate & check the respective credit scores on WhatsApp. This is going to be one of the earliest adaptations of WhatsApp for the monitoring of the credit score on a global level.

What is CIBIL Score?

The credit score is the specific number that reflects the creditworthiness of the individual. Usually, the lenders or banks make use of the credit score for evaluating the probability of whether or not the particular individual will be able to repay the respective debts.

What does the CIBIL Score Contain?

The CIBIL credit score contains the following:

  • The past & present credit history
  • Nowadays, the leading banks & financial institutions sanction loan on the basis of the individual credit history. Therefore, a good credit score will help in getting your loans sanctioned easily & conveniently.
  • You can follow the discipline in the future times by analyzing your current credit score.

The credit score is usually a unique 3-digit number that is based on the individual credit history of a person. Generally, the range of 750 to 800 & above is considered to be the good credit score. If you are paying your bills in a timely fashion, submitting the EMI amounts on time, and so more; then your credit score is expected to be good enough. A good credit score can help you in getting loans easily in the future.

If you tend to have a defaulted loan repayment or bill payment of your credit card, then the credit score is not expected to be good. As such, you might face troubles while getting a loan in the future. A decent credit score along with a clean credit history can help you in getting the desired loans easily at lowered rates of interest. In India, CIBIL score is the most common form of the credit score.

There are financial institutions or credit bureaus in India including Equifax, CIBIL (Credit Information Bureau of India Limited), Experian and so more that deal with providing the individual credit scores or credit report to the citizens. Usually, you can obtain the respective credit report from CIBIL at 500 INR through the online medium.

As it might turn out to be a complex and expensive process, you can now obtain your credit score & credit report on WhatsApp for free. Here are some ways in which you can get the CIBIL credit score for free on your WhatsApp number:

  • Call the number 8287 151 151 & offer a missed call.
  • Upon doing so, your contact number will be added on the given WhatsApp chat.
  • After this, you can start the process of obtaining the CIBIL credit score on WhatsApp by providing your personal details like Name, Gender, and Date of Birth.
  • You are then required to enter the respective PAN number. You should not be worried while providing the PAN number as all your personal details will be kept safe & confidential.
  • Then, you are required to provide the residential address just like your banking details.
  • Provide the details like the city of your residence. This should be followed by providing the state of residence & Pin code.
  • Lastly, you will have to provide the email ID.
  • Once you are done with all the respective steps, you can now receive the CIBIL credit score right away in your WhatsApp chatbox for free.

When you wish to receive the CIBIL credit score & credit report on your WhatsApp number for free, then here are some important points to keep in mind:

  • You might be asked some additional questions towards confirming your identity.
  • You will also be sent an OTP (One Time Password) on the registered mobile number over which you have linked the WhatsApp app. The OTP will also be sent to the registered email ID. You are required to enter the OTP for completing the verification process.
  • Once you have completed all the necessary verification processes, you will be removed with the WhatsApp group chat automatically. This will ensure that all your details will remain safe & confidential.

By following the steps as mentioned above, you can get your respective CIBIL credit score & credit report easily on your WhatsApp number for free. Ensure the ease of checking your credit score every now & then through this high-end facility.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

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