15 Jul 2015

Credit Rating for Loan Approvals by Banks and Financial Institutions


CIBIL is Credit Rating Agency where one can get information about the Credit Score and Loans Outstandings with Banks and FI's. Almost all Banks and Financial Institutuions are its members and these Banks and FI's check CIBIL report before deciding their approval for the loan applied. Sometimes Credit Report of a Person shows him as a defaulter whereas he or she might have deposited the borrowed funds. In such cases main reason is that CIBIL records are not updated due to certain technical issues. As such before approaching any Bank or FI's one must obtain his CREDIT REPORT form CIBIL by Buying  Credit Score Report (Including Credit Information Report) now for just Rs.470/- and get one step closer to get the approval for Loans applied.If you wish to purchase only your CIBIL Credit Iinformation Report the same is available for just Rs.154-00.Please click 'DOWNLOAD FORM' . You can BUY YOUR CREDIT SCORE ONLINE  at above rates. In case of any wrong information in the CIR you can take up the matter with the concerned Bank or FI for getting your CIR updated.

Getting your loan approved can be complicated process. Just go through the Loan evaluation process to understand the critical role, the CIBIL TransUnion score plays in getting your loan sanctioned.

Credit approval Process:


Your Credit Information Report (CIR) plays a large part in the loan application process. Hence, any discrepancy in your CIR may result in reduced chances of a loan approval. Therefore, it is important that the information on your CIR is accurate and updated.

The CIBIL CIR consists of Consumer / Borrower Information, Account Information and Enquiries. If any information on your CIR is inaccurate or needs to be updated, we shall be pleased to assist you in rectifying / updating your CIR. You can raise a dispute online by clicking the link provided at the bottom of the page.
This process is known as Dispute Resolution.A Dispute Request can be raised based on either a CIR purchased by you directly from CIBIL or a CIR accessed by the Credit Institution when you have applied for a loan with that Credit Institution. Go through the types of dispute enlisted below to understand the various discrepancies that can be rectified.You can raise your
DISPUTE ONLINE  just click on link below :    

Alternatively, you can raise a Dispute Request by writing to at the following address:.

Credit Information Bureau (India) Ltd, 
Hoechst House, 6th Floor, 193,
Backbay Reclamation, Nariman Point,
Mumbai 400 021.       
Disclaimer: This article is for the benefit of the Public in General and in no way substitue for the original websit of Credit Information Bureau (India) Ltd with URL : https://www.cibil.com/ .

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