Why You Should Dive into Exploring CIBIL Subscription Benefits?

Why You Should Dive into Exploring CIBIL Subscription Benefits?

A CIBIL subscription service like the Bajaj Finserv Credit Pass can go a long way helping you take charge of your credit health so you can maintain a solid credit score, crucial for accessing loans and credit cards.  In this article, we will explore the key features and benefits of the Credit Pass and how you can easily access it using your PAN card.

Benefits of Credit Pass

A subscription-based service that provides tools and features to monitor your credit score and manage your overall credit health, the Credit Pass is powered by TransUnion CIBIL, India’s pioneer credit information company. It comes packed with features that give you complete control over monitoring and improving your credit score.

  • Monthly Credit Score Updates: The key benefit is getting your updated CIBIL Score every month without impacting your credit score. You can track fluctuations and identify trends.
  • Personalised Dashboard: The dashboard gives you a summary of your loans and credit cards. It also provides tips and recommendations to improve your credit score.
  • Detailed Credit Health Reports: You get unlimited access to in-depth credit health reports, account statements, and other insights into factors affecting your creditworthiness.
  • Credit Score Simulator: This nifty tool from the premium suite lets you simulate various financial scenarios like taking a loan, credit card limit increase, etc. You can see the impact on your credit score before making a decision.
  • EMI Calculator: The premium built-in EMI Calculator helps you determine the best loan amount and tenure based on your income and expenses. This aids prudent financial planning.

Credit Pass Through PAN card

Wondering what is the process to apply for a Credit Pass? It’s quick and simple, requiring just your PAN card number.

  • Visit the Bajaj Finserv website and navigate to the Credit Pass page.
  • Enter your mobile phone number to receive the OTP for authentication
  • Share your name and PAN card number along with any other basic information, when prompted
  • Select your preferred plan – Standard or Premium – and complete payment for it
  • You will receive your unique 12-digit Credit Pass number that you can use to log in and view your credit dashboard

The Bajaj Finserv Credit Pass, coupled with Udyam Registration, delivers several advantages that can empower you to take control of your credit health. Regular score updates ensure there are no sudden drops or surprises when you apply for loans. The detailed credit health reports highlight issues that you can rectify to improve your score. The predictive tools, combined with Udyam Registration, allow you to model different financial scenarios and pick the ideal loan amount and tenure.

So, the Bajaj Finserv Credit Pass is a comprehensive tool to monitor, manage, and improve your credit health. The advanced features provide complete visibility and control over your credit score. If you are planning to avail a big-ticket loan or credit card, the Credit Pass can give you an edge by boosting your credit score.

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Elen Havens