What is cibil score: Aug 30

Aug 30, 2024 ·A CIBIL score is athree-digit numeric of yourcredithistory, credit report, and credit rating within India. This score is calculated by the Credit Information Bureau (India) Limited (CIBIL), which is known to be one of the biggest credit bureaus in India. Jul 21, 2025 ·Think of your CIBIL score as afinancial reputationthat precedes you every time you approach a bank or lender. It’s a three-digit number that tells potential creditors how trustworthy you are when it comes to repaying borrowed money. What is aCIBILScoreand Report?CIBILScoreis a three-digit numeric summary of your credit history. Thescoreis derived using the credit history found in theCIBILReport (also known as CIR i.e Credit Information Report). A CIR is an individual’s credit payment history across loan types and credit institutions over a period of time. One of the main agencies that provide credit reports and scores in India is the Credit Information Bureau (India) Ltd (orCIBIL), which is backed by TransUnion International.CIBILgets financial information about individuals from banks and financial institutions.