Cibil

Cibil

CIBIL Score is a benchmark credit rating for individuals and business entities. The bank assesses the risk profile of the customer according to the credit score of the applicant.
CIBIL has been collecting and maintaining credit information of Indian residents provided by banks and NBFCs. The credit bureau on the basis of the credit information of an individual, generates their credit report and credit score. The lenders on the basis of the credit report provided by CIBIL, analyze whether the applicant is capable of repaying one's loan on time or not. This way, CIBIL performs an essential role in India's financial system.