How to get my Credit Rating in India?

    Government of India and Reserve Bank of India (RBI) together established Credit Rating System called CIBIL (Credit Information Bureau (India) Limited) in the year 2000. The basic functioning of this corporation is that it maintains the credit rating of the Consumer barrowers and Commercial barrowers. The advantage of this for the banks is that, before issuing any kind of loans to the individuals the banks shall verify the currently running debts for the individuals or the commercial firms.

    Individuals can also get their credit rating by requesting to the CIBIL to get clear picture before applying for Housing, Automobile and Personal loans.
    The following information is maintained by the CIBIL about the individuals/ commercials.

• Name
  
• Address
  
• 
  
  In case of individuals:
  • Identification numbers
    
  • Passport ID
    
  • Voters ID
    
  • 
    
    Date of birth 
• 
  
  In case of non-individuals
  • D-U-N-S® Number
    
  • Registration Number
    
  • Legal Constitution
    
• Records of all the credit facilities availed by the borrower
  
• Past payment history
  
• Amount overdue
  
• Number of inquiries made on that borrower, by different Members
  
• Suit-filed status.
  

The Credit Information Report (CIR) shall be obtained by requesting to the CIBIL by following the procedure below.

• Fill the CIR request form. Click here to download the form.
  
• 
  
  The following documents are to be sent with self-attestation.
  • Copy of ID proof (PAN/Passport/Voter ID)
    
  • Copy of Latest Address Proof (Bank a/c statement/Electricity Bill/Telephone Bill)
    
  • Fees (DD of Rs: 142/- in favor of "Credit Information Bureau (India) Limited").
    
• The above documents shall be sent to the following addresses by speed post/ courier.
  
• 
  
  By Speed Post
  P.O. BOX 17,
  Millennium Business Park,
  Navi Mumbai – 400 710
• 
  
  By Courier
  Credit Information Bureau (India) Limited.
  Hoechst House,
  6th Floor,
  193 Backbay Reclamation,
  Nariman Point,
  Mumbai - 400021