Which App is Best for CIBIL Score?

It is crucial to check your CIBIL score before applying for any new credit like a loan or credit card. While you can check your score on the official website of TransUnion CIBIL, it is also possible to access your score through an app. This allows you to receive important updates and information about your CIBIL score within seconds, anytime and anywhere. It makes monitoring and managing your CIBIL score more efficient and convenient.

Here is a list of a few popular apps you can use to check your CIBIL score in India:

 

Bajaj Markets App

The Bajaj Markets App allows you to check your CIBIL score multiple times for free and automatically updates it every 30 days. However, the app’s features go beyond just score checking. It provides a customised credit report offering a comprehensive view of your credit profile, including details of your active credit card and loan accounts.

 

Additionally, you get access to personalised financial offers tailored to your situation. The app includes educational widgets like ‘DID YOU KNOW’ to help you understand CIBIL scores better. If you want to improve your score, the ‘IMPROVE YOUR SCORE’ feature guides you with actionable steps to boost your creditworthiness.

CIBIL® Score & Report

This is the official app from TransUnion CIBIL, providing instant access to your credit information. To use the app, you need to purchase a subscription from three plans offered by TransUnion CIBIL, valid for 1, 6, or 12 months.

 

Once subscribed, you can check your official credit score and report daily for free. The user-friendly dashboard simplifies navigation. Features like CIBIL Alerts keep you updated on changes in your credit profile. The score simulator helps you understand how future financial decisions could impact your score. The app also offers informative articles to help you make better credit decisions.

OneScore: Credit Score App

FPL Consumer Solutions Private Limited offers the OneScore app.  This application provides you with lifetime access to your credit score for free. The app does not have any trial period, or advertisements, to interrupt your experience.

 

Along with your CIBIL score, the app also provides your Experian score. Thus, you can check your credit information as recorded in different credit bureaus to understand the difference. After checking your score, you can directly apply for a personal loan or credit card, if required using this app.

Here are some things you should keep in mind when selecting an app to check your score:

• Verify the app’s authorised partner status and check user reviews to assess credibility.

• Evaluate the interface, registration process, and platform compatibility for ease of use.

• Consider subscription costs and check for any hidden charges.

• Look for features like detailed credit reports, personalised tips, and real-time alerts.

• Ensure data security by reviewing encryption standards and privacy policies.

• Prioritise apps that offer frequent credit score updates for effective monitoring

Here are simple steps to follow to check your CIBIL Score on the Bajaj Markets app:

• Download the Bajaj Markets App from Google Play Store or Apple App Store.

• Tap the ‘Explore’ icon at the bottom right of the screen.

• Select ‘Credit Report’ option under ‘Our Services’

• Enter your personal details, including your name, PAN, date of birth, email ID etc

• Click on ‘Get Score’.

• View your updated CIBIL score.

Regular monitoring of your CIBIL score through an app helps you:

• Detect discrepancies or fraudulent activities early.

• Stay informed about factors affecting your creditworthiness.

• Receive personalised tips to improve your score.

• Make timely financial decisions with real-time updates.

• Simplify loan or credit card application processes by maintaining a healthy credit profile.

• Visit the official TransUnion CIBIL website to check your score once a year for free.

• Use government platforms like UMANG, to check free CIBIL score once annually.

• Obtain your credit report through authorised financial institutions or banks offering credit monitoring services.