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Q.

What is the Credit Information Bureau of India Ltd. (CIBIL)?

Tags: cibil, credit information bureau of india ltd.
Asked by Saba Ashraf, 25 Jan '08 03:54 pm
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Answers (2)

1.

CIBIL is Indias first credit bureau. It maintains the credit record of borrowers and makes them available to banks and financial institutions within its network for an individuals credit assessment. The information maintained by a credit bureau includes repayment history of all loans and credit card outstanding by a borrower. So a bank or a financial institution always checks with the CIBIL before sanctioning a loan or accepting your application for a credit card.
Answered by Doctor Know, 25 Jan '08 03:55 pm

 
  
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2.

Hello friend, logon to www.knowledgesavvy.blogspot.com to resolve your CIBIL related queries. Hope this helps.
Answered by Anil Shetty, 29 Nov '08 06:43 pm

 
  
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