What is CIBIL?

Posted by Shubham12 on September 24th, 2019

CIBIL stands for Credit Information Bureau (India) Limited. It is an ISO 27001:2005 company, founded in the year 2000 and an integral part of Indian financial system. It is also India's premier Credit Information Company (CIC). CIBIL works in association with and Dun and Bradstreet and TransUnion International Inc.

  • CIBIL has a certain clout in finance sector of India, as it brings transparency in the credit system.
  • The banks first sought it in 2007, which then extended to individuals in 2011.
  • Some of the notable services it launched are CIBIL Mortgage Check and CIBIL Detect.

The organization records credit related details of individuals, which directly reflect from registered member institutions. It also has prime segments such as Commercial Bureau and Consumer Bureau, the latter keeps the credit records of people and the former maintains credit records belonging to companies/institutions.

Link To Directory
Top Searches - Trending Searches - New Articles - Top Articles - Trending Articles - Featured Articles - Top Members

Copyright 2019 Uberant.com
636,438 total articles and counting.