CIBIL credit report check: what lending teams get
Lending and fintech operations teams use a credit bureau report to see a person's repayment history before a loan, a credit line or a high-value sale on terms. VerifyAll offers the CIBIL Credit Report as a check in the dashboard, next to the Experian, Equifax and CRIF reports and a Credit Score check.
Consent comes first
A credit report is personal financial data. Collect the person's consent before you run it, and keep the record. A personal account can run a credit report only on the account holder.
What you enter
The applicant details the check form asks for, such as name, PAN and date of birth. Enter them exactly as on the applicant's documents.
What a report contains
- Credit score, where the bureau holds one
- Credit accounts and their payment status
- Enquiries made on the applicant's credit file
- The date and time of the check and a report reference
The content depends on the applicant's credit file.
Why a score can be missing
Some applicants have a thin file or no credit history. A report can come back without a score. That means there is not enough history to score, and your credit policy should say what to do with such applicants.
Turnaround
Credit reports depend on the bureau. Do not promise an applicant an instant decision on the strength of this check.
How to run it
- Register a business account and submit company details. A SuperAdmin approves it before any report runs.
- Recharge the prepaid wallet from the dashboard.
- Open CIBIL Credit Report, enter the applicant's details and run the check.
- Save the report with the applicant's file.
Price
There are no subscriptions. Each check is charged at its own rate from the prepaid wallet, and the rate card in the dashboard shows every price. A credit report costs more than a simple lookup and more than the one-time sign-up wallet credit, so read the rate card before you recharge.
Other checks lenders use alongside
- PAN Verification for identity
- AML Screening
- Individual Legal Verification for court records
- Commercial Credit Report for business borrowers
FAQ
Can I run a CIBIL report on anyone? Only with the person's consent, and a personal account only on the account holder.
Which bureaus are available? CIBIL, Experian, Equifax and CRIF reports, plus a Credit Score check.
Is there an API? A REST API is an optional add-on for business accounts. Write to support@verifyall.ai.