Credit Information Bureau India Limited (CIBIL)

CIBIL (Credit Information Bureau India Limited) was created in 2000 due to a growing need for accurate credit information for Indian credit consumers. CIBIL shares information between it’s 175 and growing base of reciprocal members (you need to share credit information to have access).

It’s members include; major banks, credit card companies, financial institutions, housing finance companies and state financial corporations. The percentage of ownership is outlined below;

Percent Shareholding Entity / Entities
19.99% TransUnion International Inc
10% State Bank of India, HDFC Bank, ICICI Bank
5% Bank of Baroda, Bank of India, HSBC Ltd., Indian Overseas Bank, Punjab National Bank, Union Bank of India,Citicorp Finance (India) Ltd., Central Bank of India, Standard Chartered Bank
2.5% Sundaram Finance Ltd., GE Strategic Investments India
0.01% Dun & Bradstreet Information Services India Pvt. Ltd.

cibilCIBIL Report

CIBIL’s data is used to make CIRs (credit information reports) which are used to assist in assesing consumers applications for credit. The information that is included in these reports are:

  • Basic Borrower Information:
    • Name
    • Address

In case’s of individuals:

    • Date Of Birth
    • Identification numbers
    • Voters ID
    • Passport ID

In Case’s Of Corporations

    • Registration Number
    • D-U-N-S Number
    • Legal Constitution
  • Past payment history
  • Amount overdue
  • Suit-filed status
  • Records of all the credit facilities availed by the borrower
  • Number of inquiries made on that borrower, by different Members

The information that is not included in these reports is as follows:

  • Income / Revenue details
  • Amount(s) deposited with the bank
  • Details of borrowers’ assets’
  • Value of asset(s) mortgaged
  • Details of investment(s)

CIBIL TransUnion Score

The Indian division of TransUnion also use the data from CIR’s to calculate a score between 300 and 900, with 300 representing somebody with a bad history of credit who is unlikely to pay their loan back and 900 as somebody with a good history of credit who is highly likely to pay their loan back.

Accessing Your Data

Individuals are able to access their data, unforunately at this time this is not free. The prices are as follows:

  • CIBL Credit Information Report: One Hundred And Forty Two Rupees (Rs 142)
  • CIBL Credit Information Report + CIBIL TransUnion Score: Four Hundred And Forty Rupees (Rs 440)

You will also need to provide proof of your identity and address. You can find the form for accessing your CIBL data and more information here.

CIBIL is not a “Public Authority” as defined under Sec 2(h) of the Right to Information Act, 2005 and as such Indian’s do not have a right to freely access this data.

Who Else Can Access Your Data?

All members of CIBIL can access your credit data, CIBIL will not provide your data to companies that are located outside of India.