What is CIBIL?


Credit Information Bureau (India) Limited is India’s first Credit Information Company (CIC) founded in August 2000.CIBIL was created to play a critical role in India’s financial system, helping loan providers manage their business and helping consumers secure credit quicker and on better terms.CIBIL collects and maintain files of individual’s payments pertaining to loans and credit cards.

These records are submitted to CIBIL by member of banks and credit institutions, on a monthly basis routine. This information is then used to create Credit Information Reports (CIR) and credit scores which are given to credit institutions in order to help evaluate and approve loan applications.


CIBIL houses credit on over 220 million trades across individuals and businesses, organised into two divisions : Consumer Bureau and Commercial Bureau.

The Consumer Bureau was launched in 2004 with 4 million records, and now maintains more than 260 million records. The Commercial Bureau was launched in 2006 with 0.7 million records, and now maintains more than 12 million records.

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