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How Much Does The Cibil Credit Score Statement Cost?


You cannot avail of a loan these days, unless you have a good credit score. It is important to know your credit score before you apply for a loan. Among the many companies that supply you a credit score is Cibil.


How much does it cost to get your Cibil credit score?

The cost of the Cibil score would actually depend on how often you want the score. A quarterly subscription of your Cibil Credit Score would cost you as much as Rs 1200, you save Rs 250 per report. You would get as many as 4 score reports by paying this amount.

 How Much Does The Cibil Credit Score Statement Cost?
You may not actually need so many credit reports, unless, of course you are worried about constantly defaulting on your loans that tend to affect your credit score. If you are looking at a subscription every six months, 2 score reports would be sent to you and Cibil charges would be Rs 800 for the purpose.

Also read: 4 factors that affect your credit scoreAlso read: 4 factors that affect your credit score

On the other hand, if you want to know your Cibil score just for a single time, than the cost would be Rs 550 per report.


Our suggestion is that if you have been paying your installments regularly than you should just opt for the one time subscription.

This is because, you would otherwise be unnecessary subscribing to the reports and paying money for the same.

Why you should ask for the Cibil score?

You should ask for the Cibil score, simply because you need a good score to get your loan approved.

Smart tips on how to improve your credit scoreSmart tips on how to improve your credit score

If you have a bad score, the chances of an approval are very difficult.

Institutions are generally happy if you have a Cibil score in excess of 700 points. This is because, they know that the chances of a default is very little. When your Cibil score is high the bank knows that you are a credit worthy customer.

How does Cibil know your credit score?

Cibil takes all your details from banks and your entire credit hisory and payment record. Remember, the rating agency does not know your deposits and stuff.

So, it only concerns itself with your payments and past credit history.

Read more about: cibil
Story first published: Saturday, July 9, 2016, 13:45 [IST]
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