CIBIL Report Generation service launched – Manuals & Process flow
CIBIL Report Generation service launched – Manuals & Process flow
CIBIL report generation service through CSCs has been launched.
What is CIBIL?
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 has two focus areas –
• A Consumer Bureau that deals with consumer credit records and
• A Commercial Bureau that deals with the records of companies and institutions.
What is CIBIL Report?
CIBIL report is a single document which reflects your credit history over a significant period of time. This reports further assist in evaluating the credit worthiness of the individual or corporate entity.
It includes the following information-
• Personal details of an applicant (name, age, gender and address)
• CIBIL score
• Number of enquiries made by potential lenders on receipt of the loan/credit card
application
• Record of previous and current loans with payment history
• Any defaults on loan/credit card payment
How to avail this service on Digital Seva Portal?
All registered VLEs within the CSC ecosystem will have access to this service.
Please find attached manual detailing the steps to generate consumer CIBIL report.
DSP CIBIL Service Process Flow PDF Download
http://cscdigiseva.in/DSP-CIBIL-Service-Process-Flow.pdf
CIBIL FAQ PDF Download