CIBIL

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Who Owns CIBIL

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Milestones
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2000 Formation of CIBIL 2004 Services Started 2007 Scoring Introduced 2010 CIBIL Mortgageg Checj 2011 Scores Available to Individuals

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CIBIL
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Data Collection – GIGO Analytics Help Lenders Take informed credit decisions Pricing of credit Central Data base of Defaults and Delays Data base of Mortgaged Assets
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Types of Reports
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Credit Information Report Portfolio Review Reports CIBIL Trans Union Score and CIBIL Trans Union Personal Loan Score CIBIL Detect CIBIL Mortgage Check CIBIL Locate Plus
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Specialised Solutions for
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Insurance Telecom Housing Micro Finance

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How Does CIBIL Get Data

Data Pooling by Members

Loans Loan Queries Litigation filed

Indexation based on unique parameters such as PAN, DOB

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Who Uses the Information and How

Banks and Financial Institutions

For credit decisions For Pricing For Asset Check For Recoveries

Employers

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What if my Information is Wrong

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Types of Disputes

Consumer / Borrower Basic Information Account or Transaction Details Ownership (its not me) Duplication or other Errors

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Account Infomation
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Account/ Loan Type Account Status Ownership Type Date of Last Payment Date Opened Date Closed Sanctioned Amount/ High Credit Current Balance

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Basic Information
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Name Date of Birth Gender Income Tax ID Passport Number Voter's ID Telephone Numbers Address

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Dsipute Resolution Process

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Credit Scoring

Numeric summary of your credit history which indicates your financial & credit health. Derived from your credit history as detailed in the Credit Information Report [CIR]. Ranges from 300 to 900 points. Indicates how likely you are to pay back loan or credit card dues based 1/19/13 on your past repayment behavior.

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