The importance of credit scores is increasing in India. Whenever you apply for a loan from a bank (personal loan), they often ask for your credit score. Most people think this only means the CIBIL score, but that’s not true. There are four other companies, besides CIBIL, that also provide credit scores. So, it is wrong to assume that you cannot get a loan without a CIBIL score. Your credit score can be checked by any of these companies, and it will usually be similar. In this article, we will share all the details on how to get a bank loan without a CIBIL score.

1. CIBIL (Credit Information Bureau India Limited)

CIBIL is India’s oldest and leading credit reporting company. The term “CIBIL Score” is the most recognized in India. CIBIL prepares your credit report based on your loan and credit card payment history. The score given by CIBIL ranges from 300 to 900.

2. Experian India

Experian is another credit reporting company that also operates in India. It prepares a score based on your credit history. The score ranges from 300 to 900, and Experian provides scores for both personal and corporate loans in India.

3. Equifax India

Equifax is a well-known credit bureau that provides credit scores in India. This company creates a score by analyzing your credit card and loan payment history. Equifax’s score also ranges between 300 and 900.

4. CRIF High Mark

CRIF High Mark is another major credit reporting company in India that provides credit scores. The company generates a score based on your financial behavior. CRIF High Mark’s score also ranges between 300 and 900.

5. TransUnion CIBIL (A Subsidiary of TransUnion)

TransUnion CIBIL is an important credit score reporting company in India, playing a significant role in loan and credit card approvals. This company reports credit scores in the Indian market.