What Type of Data Repositories CIBIL Collects? Ranging from Individual to Frauds

CIBIL Transunion is the leading Credit Bureau of India with with the largest number of credit information records. RBI the Indian Financial System regulator has mandated every Financial Institution including Banks in India to submit Lending Data to atleast one Credit Bureau / Information company. Over 800 FIs upload data about Borrowers on a monthly basis to CIBIL.

We’ll see what kind of Data Repository CIBIL is Maintaining and the Definition / Meaning of each of these terms,

Individual Consumer Database CIBIL has Information on 135mn Indian / NRI individuals or

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Should You Order CIBIL Transunion Score Online ? A Step by Step Guide

CIBIL promoted by Transunion is the leading Credit Bureau in India while others such as Experian are still struggling to harness Consumer Database. CIBIL is continuously striving to deliver better customer experience, although albeit at a slower pace. We tried the CIBIL Online interface to fetch CIBIL Transunion Score and here is a detailed experience of ours.

PAN card is a must for fetching CIBIL score online. Upon entering Consumer Details[Name, Address, Phone, etc] and Paying Rs 470 online we got a CIBIL Registration ID as shown below, [Step-1]

CIBIL Wants to Confirm Your Identity
CIBIL will ask a series of questions related to your loans and credit with Banks and Financial Institutions. Keep your past Loan Account Numbers, Credit Card Numbers etc handy because this is an online authentication process and

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SBI to Launch Exclusive SME Credit Cards in India

In July, SBI Cards a JV of India’s Largest Bank the SBI and GE Capital launched Corporate Credit Cards. Taking a step further in the world of business, SBI has announced that it will very soon launch SBI Cards specifically designed to Indian SMEs. The reason for venturing into SME space could be that SBI was able to reach 500 Corporate customers and has now increased its target to 2,000 by the end of next fiscal.

SBI Cards, CEO said,

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