CIBIL Score is a three-digit numeric summary of your credit history. The score is derived using the credit history found in the CIBIL Report (also known as CIR i.e Credit Information Report). A CIR is an individual’s credit payment history across loan types and credit institutions over a period of time. A CIR does not contain details of your savings, investments or fixed deposits.
Click the below video to know more.
To check account number or member details you can purchase your CIBIL Score and Report. This report will contain complete details of your credit history across various lenders and products, enabling you to check all the aforesaid information.
A CIBIL Report has detailed information on the credit you have availed, such as home loan, automobile loan, credit card, personal loan, overdraft facilities. You can download the Understand Your CIR document here for your ready reference. You can also watch a tutorial which will explain the various details of CIBIL Report. Below are the key sections of the CIBIL Report
Your CIBIL score, calculated based on your credit behavior as reflected in the ‘Accounts’ and ‘Enquiries’ section of your CIR, ranges between 300-900. A score above 700 is generally considered good.
Contains your name, date of birth, gender and identification numbers such as PAN, passport number, voter’s number
Address and telephone numbers are provided in this section, up to 4 addresses are present
Monthly or annual income details as reported by the Members (Banks and Financial institutions).
This section contains the details of your credit facilities including name of lenders, type of credit facilities (home, auto, personal, overdraft, etc.), account numbers, ownership details, date opened, date of last payment, loan amount, current balance and a month on month record (of up to 3 years) of your payments.
Every time you apply for a loan or credit card, the respective Bank or financial institution accesses your CIR. The system makes a note of this in your credit history and the same is referred as “Enquiries”
Go through the glossary to understand your CIR better.
It is important to note that even if primary card holder is responsible for payments for charges incurred on both the primary and add-on credit card. Any default made in payments shall reflect in CIR of both the primary and add-on card holder.
Banks and Financial institutions ask for a guarantor for certain loans as a means of security for the loan amount they provide. A guarantor on any form of loan is equally responsible to ensure the repayment of the loan. Hence, the guarantor provides a guarantee to the lender that he will honor the obligation in case the principal applicant is unable to do so. Any default on the payment of the loan by the principal applicant, will affect your Credit Score as well.
You can refer to the Account Information section of your CIBIL Report for more details about your loan accounts.
(You can also stay connected to your credit profile with a CIBIL subscription plan, available here: https://www.cibil.com/choose-subscription)
If you have received a confirmation from the credit institution about the submission of revised data to CIBIL, you can check its updated status here: https://www.cibil.com/choose-subscription
For more information on how enquiries impact your CIBIL Score, check out these videos in regional Indian languages:
What is information security?
At TransUnion CIBIL, we aim to provide Information for Good. With our consumers’ data at the centre of our business, we strive to secure your information and ensure it is protected. However, we need your cooperation in this constant fight against fraud. Have you ever realised how easy it is to fall prey to credit fraud and identity theft? Despite the advances in the digital world, there are innumerable ways in which you can expose your confidential information online and put yourself at risk.