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Pay Rs. 142-00 and CIBIL issues anybody's Credit Worthiness Report .. possible ?

Created by : ASOKE KUSARI, Domestic Private Banking-Executive/Manager, A large leading PSU Bank - India  | 01 20 2010 18:17:42 +0000
Industry : Banking
Keywords : credit report history woth worthiness cibil identity fiil up form possible banking loan
Activity:  1389 views;  last activity : 07 06 2010 20:18:09 +0000

Credit report is being issued by CIBIL ( Credit Information Baurea, India ) only for a payment of Rs 142/-. What an achievement .. !!

  
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Yes, possible - CIBIL is equipped Vs No, They know nothing - no report
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CIBIL demands they may issue Credit Worthiness report of any person in India within 7 days only for Rs.142-00. A simple form is to be fiiled in in their website, the Draft is to be attached and one identity proff paper  is to given and send to them. The Report reaches our home. Really .. we are now at par with the developped countries. And what is astonishing : CIBIL may track vanishing LOAN customers too. " What a good Idea, SirJee "  for a Crdit Manager in Banks ?
By ASOKE KUSARI, Domestic Private Banking-Executive/Manager, A large leading PSU Bank - India  01 20 2010 18:17:42 +0000
 
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yes,CIBIL report enable us to know the customer loan profile, so,it alert us about the borrower
By Nirakar Patel, Probationary officer, Bank of Baroda  | 02 01 2010 21:16:16 +0000
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Yes, I believe this is very much possible. CIBIL has come up with an important move to find out the credit worthiness of the people. This will be very helpful to banks, to know their customers before giving loans.
By Leena Khade, Banc Assurance, Deutsche Bank  | 01 22 2010 13:55:59 +0000
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Yes this is good for every one who wants reports.
By alamgir khan, Accounts Manager, World wide Fund for Nature India  | 01 21 2010 08:03:36 +0000
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According to my opinion this is a good idea for banks and credit lending institutions but I think that still the ground for such uplifment is not possible at least two-three years from now. The CIBIL will not be able to make such credit reports within a week. Though it has all defaulters list but some cases are running and if some enquiry came during the case then they are in situation not to give proper report. Like Mr.X has been made mistakenly defaulter by some Bank and to remove his name from CIBIL he is running a case over bank for this settlement and if enquiry came about Mr.X then CIBIL will be in dilemma to produce report or if they produce all right report in spite of that lender will make some problem in lending on the ground of once been defaulter in whatever the case may be.

So not so good idea at present situation in favor of customer.
By Sharad Kiyal, Financial Planning Advisor, Aviva Life Insurance  | 02 05 2010 19:47:31 +0000
Argue for "Yes, possible - CIBIL is equipped"
Argue for "No, They know nothing - no report"
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