How to check CIBIL score for free on SBI

How to Check CIBIL Score for free on SBI

Looking to get Loans or Credit cards from the State Bank of India? Well, you need a good CIBIL score to get your desired product from the bank. This article will guide you on How to check CIBIL Score for free on SBI.

How to check CIBIL score for free on SBI

Here’s how to check CIBIL score for free on SBI:

Click this link, and you will be redirected to the page where the following details will be required from your end.
Next, enter the following personal details:

  • First name
  • Last name
  • Gender
  • Date of birth

The next section is for providing address details, for which the following details are needed:

  • Address type (Residence, permanent, office, and so on)
  • Full address
  • State
  • PIN code

RELATED : What is Personal Line of Credit ?

The next section is for identify proof for which any one of the following documents can be used:

  • PAN card
  • Passport
  • Voter ID
  • Driving license
  • Ration card

Once all these details are provided, click on the little box provided at the very end which says that you authorize SBI to run a CIBIL check on your profile. You will then be contacted by SBI or its representative over the phone or by email.

What are the Advantages of a High CIBIL score?

  • Cheaper interest rates on loans
  • Cards with better benefits and rewards
  • Avail pre-approved loans
  • Loans with longer tenure
  • Quicker approval on credit applications
  • Negotiation power
  • Discount on loan processing fees and other charges
  • Higher credit card limit

FAQs

  • Can my credit card-related information be revealed to the credit bureau?

According to the terms of the credit card agreement, SBI is fully authorized to share information pertinent to your credit card account with the credit bureau. Although, the credit bureau is not authorized to share individual account details with the public.

  • Does SBI check CIBIL score for home loans?

Yes, apart from factors such as age, income, property value, and repayment capability, CIBIL score also plays an important role in securing a home loan from SBI.

  • What is the Minimum CIBIL Score for SBI Home Loan?

The minimum CIBIL score required for an SBI home loan is 650 or above. Higher the score, the higher the chances of getting the loan approved.

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