What is a CIBIL Score and Report?

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

Your CIBIL Score and Report is more than just a credit score and report — there’s so much more you can do with your Score.

How do I check details of my account number and member name mentioned in myCIBIL Report?
 
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.

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How do I read myCIBIL Report?
 
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

CIBIL Score
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.

Personal information
Contains your name, date of birth, gender and identification numbers such as PAN, passport number, voter’s number


Contact Information:
Address and telephone numbers are provided in this section, up to 4 addresses are present


Employment Information:
Monthly or annual income details as reported by the Members (Banks and Financial institutions).


Account information:
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.


Enquiry Information:
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”

 


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