CIBIL score is a 3 digit numeric of one's own credit history. The Credit history is actually calculated on the basis of their credit payment history across loan types and credit institutions over a period of time.
The Credit score is derived from CIBIL Report/CIR - Credit Information Report.
One gets his/her personal loan, Credit cards. home loans etc., based on their credit score. Credit score ranges from 300 to 900. It is considered good and eligible if he/she has the credit score above 700. Its based on the bank or institution he/she is applying for. But mostly 700+ considered a good credit score for applying for loans and credit cards.
CIBIL score plays a critical role in the Loan approval process. Below are the simple steps to know your CIBIL score
Step 1: Register/Enroll in CIBIL by submitting personal information which includes your personal identity/Address Identity in the following website: https://cibil.com/
Step 2: Clear your mobile number verification to get enrolled.
You can even use https://bankbazaar.com/ for enrolling into CIBIL score verification.
