Simple answer to this question is no. It is not possible to get free CIBIL report or free CIBIL score. In case you wish to obtain it, you would be required to pay and amount of Rs 550.
However, you can obtain your free credit score from www.freescoreindia.com. There are in all four bureaus in India namely, Credit Information Bureau (India) Limited, commonly known as CIBIL, Equifax, Experian and Crif Highmark. All these are approved by the Reserve Bank of India and give out credit score. We at Free Score India extend to you the actual credit bureau score.
One important thing to be aware about is that while the enquiries made by banks and financial institutions to underwrite the credit requests can have a detrimental impact on your credit score, the same is not applicable to the score that you get from Free Score India.
Akin to any medical report, deciphering credit report is quite complex. We also extend you a Credit Health Report in easy to understand format so that you are able to comprehend the nuances and recognize the areas of concern if any.
To obtain your CIBIL score, you need to follow the following simple steps:
Visit the website by logging on to www.cibil.com
Post filling in your basic details under the tab of Consumer Score, yon shall be directed to pay the fee of Rs 550. The amount could be paid through a credit card, debit card or even through net banking
Once the amount has been paid you shall be asked a few questions related to your past or current trade lines (loans and credit cards)
On successful authentication, the report shall get sent to you on your email id