What is ECN Number in CIBIL Report and How to Get It?

How Can I Get My ECN Number in CIBIL?_Banner_WC

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How Can I Get My ECN Number in CIBIL_WC

5 min 09 Jan 2024

Highlights:

ECN Number
Importance of ECN Number

One of the things that lenders check about borrowers before assigning them a loan is their credit score or CIBIL score. The CIBIL score is a three-digit number that indicates a borrower’s creditworthiness and repayment capacity. An individual’s credit score ranges between 300 and 900; the closer a person’s CIBIL score is to 900, the better their chances of loan approval and availing of a loan on better terms and conditions. Credit information bureaus in India assign credit scores to individuals based on their credit reports. So, what is an ECN in CIBIL? Read on to know more.

What is an ECN in a CIBIL Report?

Before we continue, let us define ECN. ECN stands for Enquiry Control Number. The ECN is a nine-digit number that helps lenders and credit information bureaus identify a borrower’s credit profile. In other words, it is with the help of the ECN that all financial institutions that are a part of the CIBIL network can access a borrower’s credit profile and assess it to understand their attitude towards credit.

How to Get an ECN Number in CIBIL?

Here are the different ways in which a borrower can get their Enquiry Control Number in CIBIL:

Firstly, if you want your ECN number, you can request CIBIL to share with you your ECN number. However, keep in mind that to be able to do so, you will have to buy a subscription plan under which CIBIL will send you your credit report. You will find your control number in the right-hand corner of your CIBIL report.
Secondly, a borrower can also access their ECN number by calling CIBIL’s customer care number and requesting their credit report. If you opt for this method, you will be required to pay a fee.

Can Two Borrowers Have the Same ECN Number?

The answer is no. When a lender enquires about a borrower, an Enquiry Control Number is generated. Every enquiry generates a different ECN number and therefore, two borrowers cannot have the same ECN number.

Why is the ECN Important for Your Credit Report?

Lenders sanction loans and grant credit only when they are convinced of a borrower’s repayment capacity and creditworthiness and to check a borrower’s repayment capacity, the first thing that lenders check is their credit report and CIBIL score. Lenders sanction loans to borrowers who have a clean repayment history. Borrowers with a CIBIL score of 750 or above stand a better chance to avail of better loan terms. The ECN helps lenders identify a borrower’s credit profile, which helps them decide whether to extend the concerned borrower a loan or not. Thus, in a way, the ECN connects borrowers with lenders.
The ECN is also important because it helps CIBIL maintain the credit records of millions of customers around the world in such a way that the credit information bureau can access any borrower’s credit report at any time without any confusion. Thus, the concept of ECN helps CIBIL keep things organised.
Lastly, the ECN helps CIBIL store a borrower’s credit history and payment details in a secure manner.

How to Use the ECN Number for Dispute Resolution?

The ECN (Enquiry Control Number) is essential when raising disputes in your CIBIL report. If you find errors, such as incorrect personal details, outdated loan entries, or accounts that don’t belong to you, you must provide the ECN number while submitting the dispute.

Final Words

To summarise, an ECN or enquiry control number is a nine-digit number unique to a borrower or credit account. The number is important as it helps lenders assess a borrower’s credit report and use the information in the report to assess a borrower’s creditworthiness and repayment capacity. The ECN helps CIBIL store information on millions of credit users in a systematic and organised manner.

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Frequently Asked Question

An ECN (Enquiry Control Number) is a nine-digit number that helps lenders and credit information bureaus uniquely identify a borrower’s credit profile. It is used to access and assess a borrower’s credit report for loan evaluation.

The ECN is generated by CIBIL when a lender makes an enquiry about a borrower’s credit history. It helps to track and manage the borrower’s credit profile.

The control number is generated by CIBIL each time a lender enquires about a borrower’s credit history. It is a unique identifier for each enquiry.

No, each enquiry generates a different ECN, and therefore, two borrowers cannot have the same ECN.

The ECN is a nine-digit number that uniquely identifies a borrower’s credit profile.

No, the ECN (Enquiry Control Number) does not affect your credit score. It is simply a unique identifier (a 9-digit control number) that helps lenders and credit bureaus locate the particular version of your CIBIL report that was accessed. The ECN is distinct from the credit score itself and does not reflect any financial behaviour or repayment history.

If you have a dispute in your credit report and wish to refer to a specific instance, the ECN becomes useful. Because each credit report snapshot is tagged with a unique ECN, you can provide that ECN when lodging a dispute, so that they can retrieve the exact version of the report in question.

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