Now you can check your CIBIL score at Uponly.in for FREE! Just log on to the website and click on the ‘get report’ page. Fill in your details such as your PAN, name, date of birth, etc and click on the terms & conditions box. Click on the ‘get credit score’ button. There, you are done! It is that easy.

If you are an Indian citizen, you are eligible to check your CIBIL score. There are only two conditions:

• You should be a credit card user or must have had a credit card in the past
• You should have a valid PAN that you provided to the lender at the time of getting a new credit card

These are the only two things you need to be eligible to check your credit score or get your credit report for free at Uponly.in.

• Repayment history
  Ensure that you pay your dues and EMIs on time. Missing payments affect your CIBIL score adversely and even ruin your chances of getting a loan in the future.
• Credit utilisation ratio
  This is calculated by dividing the credit availed by the credit limit available. Ensure that you maintain a credit utilisation ratio of 30% or lesser or else it will affect your CIBIL score in a negative way.
• Credit mix
  Have a healthy mix of unsecured and secured loans or it may be detrimental to your CIBIL score. Too much of unsecured loans such as personal loans or credit card bills affect the CIBIL score negatively.
• Too many loan applications
  Do not apply for too many loans or credit cards at the same time.
• Not being a proper guarantor
  In case you are a guarantor for someone else’s loan, ensure that you fulfil the duties therein or else it can affect your CIBIL score negatively.
• Frequently increasing credit limit
  Be content with the credit limit assigned to you unless the lender increases it. Frequent increase in the credit limit also negatively affects the CIBIL score.

• Pay timely
• Check CIBIL score (link)
• Don’t pre-settle loans
• Curb your credit utilisation rate
• Don’t apply for too many loans

• Lower rate of interest on future loans or credits
• Higher chances of loan approval in the future, whether fresh or add-on
• Pre-approved loan facility available
• A waiver off processing fee and other such charges
• Quick and easy approval of loans and credit cards
• Higher credit limit

While the two may look the same, there are considerable differences between a CIBIL report and a CIBIL rank. The former refers to a record of all the repayment schedules of an individual while the latter is a record of repayment schedules of a business. The evaluation and judgement criteria are also different in both cases.