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ECN in CIBIL Report: Know Why It Is Important for Loans and Credit Cards

Updated on: 29 Aug 2024

An ECN in a CIBIL report is a key component that helps lenders track your credit history before extending an offer. Since your credit card and loan offers depend on many eligibility parameters, the first thing banks and NBFCs check is your credit report. This gives them accurate information about your behaviour towards credit repayment.

Since this report contains your complete information, you must allow the financial institution to review your report. This is where the control number in CIBIL report is useful. By sharing this number, you can give the issuer or lender access to check your report generated on the CIBIL website.

Read on to know what is control number in CIBIL report, its uses and how to find it.

Introduction to ECN

Also known as the Enquiry Control Number in CIBIL report, it is a nine-digit alphanumeric code unique to your credit profile. Every generated credit report has a different number, which helps you find your report from millions of others on the CIBIL website.

Every time you generate a report, CIBIL gives you a new ECN number. This ensures you know which credit report you are sharing with your lender. This gives you a fair idea of your credit eligibility, as you have reviewed your report beforehand.

Purpose of ECN

Here are three reasons why this number is important.

Tracking Specific Credit Report

Its main role in the financial domain is locating a borrower’s credit report on the CIBIL website. It acts as an identification number for your credit report generated for a specific time period.

Reviewing Your Credit Profile

Sharing this number with the credit card company or lender allows them to check your loan and credit card score along with your repayment history. This way, you can maintain transparency with the financial institution, especially for loan offers. A good credit score allows you to negotiate for lower interest rates or higher loan amounts.

Managing Vast Data

Since CIBIL is India’s most popular credit bureau, it is trusted by the majority of financial institutions. Since it keeps track of all your credit reports generated in the past, this control number is useful for managing and tracking reports.

How to get the ECN

If you are unsure about how to get this number, here are different methods you can choose from.

Check Your Credit Report

If you have recently generated a fresh report from the CIBIL website, then you can easily check this number. You can find it on the top of your credit report as ‘Control Number’.

Generate a CIBIL Report

To generate this number, you can visit the official TransUnion CIBIL website and get your report. If you are doing this for the first time, you can get it for free. Otherwise, you will have to pay ₹118 for a one-time view and ₹550 for a monthly view. You can also choose from other packages to get your report.

You can also get your free report and score on Fibe by sharing your basic details online.

Also Read: What is DPD in CIBIL Reports

Calling CIBIL Helpline

You can contact customer care to know your ECN number by calling +91 226140 4300.

Requesting the Lender

You can also ask your lenders or credit card issuer to share this number once they have access to your report.

In conclusion, you can get this number by running a free credit score check online on Fibe or the TransUnion CIBIL website. Since all credit card issuers and lenders check your credit score before approving alone, you can use the CIBIL ECN number to keep track of all your applications via your report.

You may not be eligible for the financial product if you don’t meet their credit criteria or have many discrepancies in your repayment history. This is why we at Fibe have an alternative credit scoring mechanism, which allows us to assess your eligibility without relying on your loan and credit card score.

With a Fibe Instant Cash Loan, get up to ₹5 lakhs with nominal paperwork at an affordable interest rate. Get the best offer for yourself by downloading our Personal Loan App or applying on our website online.

FAQs on ECN in CIBIL Report

What is the control ID of the CIBIL score?

It is a synonym for Enquiry Control Number or ECN in CIBIL report.

How can I check my control number?

You can find this number on the credit report that contains your loan and credit card score and history.

How do I know my control number?

You can generate your credit report on the TransUnion CIBIL website or on Fibe to get this number. Once generated, you can find it in the top right corner of your report.