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Q.

What is the Control Number in CIBIL?

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0 2022-08-08T20:30:38+00:00

Hey Buddy,

Do you want to know what is control number in CIBIL report? Your credit history and creditworthiness are reflected in your CIBIL score. Your credit score is a key factor in determining whether or not a loan will be approved when you request one. A high score will facilitate loan acceptance, but a low score could result in a loan denial.

If you have a good credit score, then get a home loan from NoBroker easily here. And then buyer plans will help you find an affordable house as per your choice.

Therefore, it is essential to check your CIBIL score before a loan application. This will assist you in determining whether you are qualified to submit a loan application in the first place.

What is control no in CIBIL?

When a bank checks your credit score, an Enquiry Control Number (ECN) is generated. The ECN number is a special nine-digit identifier that enables a lender to access borrowers' credit histories. 

Also, take note that no two borrowers will ever share the same ECN number and that each borrower will have a unique control number. You can obtain the control number by asking the lender for a copy of your CIBIL report, which has the number mentioned in the upper right corner. 

Take note that each time a credit report is requested, a new control number is generated. In order to obtain the precise information a lender viewed or referred to when the credit report was pulled, CIBIL needs the ECN number.

I hope this helps you clarify your query about what is the control number in CIBIL.

The following details highlight the significance of an ECN number:
  • Banks and other financial institutions can obtain a borrower's credit report from CIBIL with the aid of an ECN number.

  • The borrower's credit history and score are stored in the ECN number.

  • Millions of CIBIL reports are categorised and accessible for tracking thanks to the control number.

How to obtain an ECN number?

You have the right to obtain your CIBIL control number in accordance with the Credit Information Companies (Regulation) Act, 2005. Alternatively, you can ask for a CIBIL report or ask the lender for the control number. You can reach the CIBIL hotline by dialling 1800-224-245 if you need your ECN number. An additional choice is to access the CIBIL website and download a one-time CIBIL report.

You can view your credit information whenever necessary now that you are completely informed about your CIBIL score and credit report. The information about ECN stated above will make borrowing easier for you.

I would like to conclude here about what is control number in CIBIL report. I hope this helps:)

Read More:

How To Check CIBIL Score Without PAN Card? What Is The Minimum CIBIL Score Required For A Home Loan? What Is The Difference Between Credit Score And Cibil Score?
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