http://www.cibil.com
CIBIL is the repository of information which has been pooled in by all Banks and lending Institutions operating in India. Presently we have a database size of over 170 million consumer records and 6.5 million company records contributed by our over 500 Members.
CIBIL’s aim is to fulfill the need of credit granting institutions for comprehensive credit information by collecting, collating and disseminating credit information pertaining to both commercial and consumer borrowers, to a closed user group of Members. Banks, Financial Institutions, Non Banking Financial Companies, Housing Finance Companies and Credit Card Companies use CIBIL’s services. Data sharing is based on the Principle of Reciprocity, which means that only Members who have submitted all their credit data, may access Credit Information Reports from CIBIL. The relationship between CIBIL and its Members is that of close interdependence.
The establishment of CIBIL is an effort made by the Government of India and the Reserve Bank of India to improve the functionality and stability of the Indian financial system by containing Non Performing Assets (NPAs) while improving credit grantors’ portfolio quality. CIBIL provides a vital service, which allows its Members to make informed, objective and faster credit decisions.
Explore CIBIL’s Capabilities.
The CIBIL Advantage
Your credit score plays a critical role in the loan approval process. Your credit score
gives loan providers an indication of your capability to pay back a loan, based
on your Credit Information Report (CIR). However, it is important to note that
every loan provider, that uses the CIBIL TransUnion Score, has its own
benchmark of what constitutes a "good" score. For example, a score of 670 may
be an adequate score for some loan providers, but reason enough to reject a loan application for some others
