CIBIL stands for Credit Information Bureau (India) Limited, in its type, it is Indias premier Credit Information Company (CIC) came into existence in 2002. This is integral part of Indian banking and finance system that avails the facility to find out their credit score. Credit Information Bureau (India) Limited is an ISO 27001:2005 company that works in association with TransUnion International Inc. and Dun and Bradstreet to collect specific information and records about customers of special bank or financial institutions and submit that record to that agency for further processing. CIBI Score represents to numeric graph of customers credit history at the same time CIBIL report represents to customers transaction record as per their credit history. There are two major segments in CIBIL score one of them is commercial bureau and consumer bureau. CIBIL is working with full dedication to provide best possible services for customers and help them to take their financial decisions quite wisely.
To increase your CIBIL Score do following process as per bank recruitment: -
a. Pay your regular bills on time to improve your credit score.
b. Never leave any remaining amount.
c. Always pay your EMI on time.
d. Keep your credit limit stable for better credit history.
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