Control number in a CIBIL Report and its significance

For lenders, credit repayment history and creditworthiness are two of the most crucial factors when deciding on your loan approval. A borrower’s credit report reflects these factors, which lenders can access through the control number in CIBIL. Also called the ECN number, it is used by lenders to catalogue your credit details. To know what is a control number in the CIBIL report and its significance, read on.

What is the Control Number in a CIBIL Report?

When you make a loan or credit card request, banks and NBFCs assess your creditworthiness and repayment history. On the basis of these two factors, lenders decide whether to approve or reject your credit application. 

A credit report contains these details and helps financial institutions to make the right call. Thus, lenders request credit bureaus like TransUnion CIBIL to provide your credit report. When providing the credit report, credit bureaus generate a control number. 

A control number in a CIBIL report is a unique 9-digit number linked with an individual borrower that helps lenders track this report. 

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What is the Purpose and Significance of a CIBIL Report’s Control Number?

Here are a few reasons why the control no. in a CIBIL report is significant for lenders and borrowers alike:

• A control number is a unique number linked with a borrower and helps track their credit report
• It allows lenders to access the credit information of a borrower, which includes their creditworthiness, repayment history, etc.
• Borrowers can use this number to access their credit report and work on it to improve their credit score
• Borrowers can also check for any errors in their CIBIL report with the control number and get them rectified

How Can I Get the Control Number For a CIBIL Report?

As per the Credit Information Companies (Regulation) Act, 2005, a borrower has the right to access their credit report. For this, you can request the lender or credit rating agency for your control number in CIBIL and download the report. You can contact TransUnion CIBIL on their customer helpline number at 022 6140 4300 between Monday to Friday (10 AM to 6 PM). You can also log in to the TransUnion CIBIL website to access your CIBIL report for free.

To retrieve this report, follow the steps mentioned below:

• Step 1: Visit the official website of TransUnion CIBIL at https://www.cibil.com/
• Step 2: Navigate to the ‘Get Your Credit Score’ tab and click on it
• Step 3: Enter personal details, such as your name, date of birth, contact details and address
• Step 4: Upload and attach copies of your identity and address proof
• Step 5: Click on the ‘Accept and Continue’ tab

Once you complete these steps, the website will generate a one-time credit report for you. You can find the control number at the top right corner of this report.

In conclusion, this nine-digit control number in CIBIL is essential for lenders to assess your creditworthiness and repayment history when you apply for a loan. While traditional lenders take a few days to access your CIBIL report and approve your application, you can get a hassle-free Instant Personal Loan on Fibe within a few minutes. 

This is because we grant you approval based on an alternate credit scoring mechanism. Download our Personal Loan App or log in to our website to secure a loan at affordable interest rates.

FAQs on What is Control Number in a CIBIL Report

What is the ECN number in CIBIL?

The ECN stands for Enquiry Control Number in CIBIL report. It is a unique 9-digit number that lets lenders track the credit record of a borrower. 

What’s a control number?

The ECN is better known as control no. in CIBIL reports. As mentioned, it helps banks and NBFCs track your credit report when you apply for a loan.

What is the 3- or 4-digit control number?

The control no. in CIBIL report doesn’t have 3 or 4 digits. It is a 9-digit number unique to every borrower. 

Where do I get my control number?

To get your control number, visit the official TransUnion CIBIL website and download your CIBIL report. It will contain your control number. Alternatively, you can ask a lender for your credit report, which also mentions the control number on the top right corner.

Is the control number important?

Yes, a control number is essential when you apply for a loan or credit card. This is because it helps lenders track your CIBIL report which showcases your creditworthiness and repayment history. Based on this data, lenders decide on whether to approve your loan or credit card request.