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  Monday, 27 August 2012
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In CIBIL, what records of loans are been captured and how does the Bank study the CIBIL report for car loan assessment in India. Does all previous loans are shown in it
11 years ago
Hello Vivek,

CIBIL Report displays the credit scoring report and is available both for individuals and companies in India
CIBIL Report has following key details of customer:-

- Name and Address of applicant - Address means all previous address mentioned while making a loan application along with contact numbers

- All credit cards and loan repayments - It displays when a loan or credit card been taken, when has it been closed, what was the loan amount / credit limit the card - latest 12 months to 24 months repayment track record and delayed payment (if 30+, 60+, 90+, 120+,150+ etc = here 30, 60 etc are number of days taken to clear that emi / cc bill payment)

- how many credit applications been made in last 24 months with other banks - even though if not approved

- Most important your CIBIL Score is been displayed basis your financial transactions - Banks have an internal policy to take cibil score as one of key parameters of funding a customer.

You can use below article to know more on CIBIL
CIBIL Score Online
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