Coimbatore Blog

What is a CIBIL credit report?

Credit Information Bureau (India) Limited, commonly known as CIBIL, is India’s first Credit Information Company or Credit Bureau. It maintains records of all credit-related activity of individuals and companies including loans and credit cards. The records are submitted to CIBIL by registered member banks and other financial institutions on a periodic (usually monthly) basis. Based on this data, CIBIL issues a Credit Information Report or CIR (commonly referred to as a credit report) and a credit score.

CIBIL collects and maintains records of the credit-related transactions of individuals as reported by their lenders (whether banks, NBFCs or credit card companies). This information could include details of all loan and credit card repayments including any late or missed payments; details of enquires made by lenders on loan or credit card applications made in the past; all current loans and credit cards; total credit limit; and other such credit-related information.

A good credit score of 750 or above will enable you to avail of:

PLANNING TO APPLY FOR A LOAN OR CREDIT CARD ANYTIME SOON; CHECK YOUR CREDIT SCORE FIRST!

Apply for Company Credit Report from TransUnion CIBIL Limited (Formerly: Credit Information Bureau (India) Limited). (CIBIL)

CIBIL FAQ

Understanding CIBIL: Functions, Product And Services, Download CIBIL FAQ