Get the Tata Capital App to apply for Loans & manage your account. Download Now

Blogs SUPPORT
Loans For You
Loans for Business
Investment
Insurance
Apply

Quick Links for loans

Quick Links for Insurance

Investment

Offers Quick Pay
Back

Equipment Finance

Avail Digital Equipment Loans
up to Rs. 1 Crore

  • Attractive ROIs
  • Customizable Loan tenure
Know More
Back

Equipment Leasing

Avail Leasing solutions
for all asset classes

  • Up to 100% financing
  • No additional collateral required
Know More
Back

New Commercial Vehicle Financing

  • First time user
  • Retail and strategic Clients
Know More
Back

Used Commercial Vehicle finance

  • Repurchase
  • Refinance
  • Top up
  • Balance Transfer
Know More
Menu  
 
Apply Now

Tata Capital > Blog > What’s Trending > Top Credit Bureaus in India You Should Know

What's Trending

Top Credit Bureaus in India You Should Know

Top Credit Bureaus in India You Should Know

If you’ve ever applied for a loan, you may already know how essential your credit score is to the lenders. It directly influences your chances of loan approval, and in some cases, may also impact the interest rates.

But have you ever wondered who decides the credit rating for you? Well, it’s the credit bureaus. India has a number of them, all of whom have access to your credit-related information such as your outstanding bills, borrowings, payments, etc., using which they assess your creditworthiness and generate a score for you.

You can conduct a credit rating check at any of these bureaus’ websites to assess your creditworthiness. Here’s a list of top credit bureaus in India to help you out.

TransUnion CIBIL

Established in 2000, TransUnion CIBIL is India’s first and most popular credit bureau. It maintains the credit record of over 32 million companies and 600 million individuals. Founded by the Reserve Bank of India, CIBIL later merged with the Chicago-based TransUnion International to become what’s now known as the TransUnion CIBIL.

TransUnion CIBIL now allows you to conduct a CIBIL score check conveniently using their online portal. CIBIL scores range between 300 and 900. And the major factors that impact your overall credit score are your credit utilisation, credit mix, payment history, and the number of inquiries. So, by having low credit utilisation, a healthy credit mix, and an impeccable debt repayment history, you can significantly bring up your CIBIL score.

Additional Read – How Often Should you Check Credit Score

Experian

Founded in 2010, Experian is the first credit bureau in India to get a licence under the Credit Information Companies (Regulation) Act (CICRA), 2005. Like CIBIL, Experian offers its own credit reports and scores ranging between 300-900.

A typical Experian credit report contains information regarding the date of the loan, type of loan, repayment history, current outstanding balance and defaults (if any). Other than that, your report also indicates the number of enquiries you’ve made. Experian also provides a credit rating check service online.

On top of the credit report services, Experian also provides analytical tools and marketing services to commercial enterprises and individuals to help them make informed credit decisions.

Equifax

Equifax is not only one of the top bureaus of India but the world. Established in 1899 as a retail credit company, the company procured the licence to operate as a credit rating bureau in 2010.

Besides providing credit reports, the company also offers portfolio scores, risk scores, and other scores for individuals. Unlike CIBIL, the scores offered by Equifax lie between 0 and 999.

Additional Read – What Is the Role of CIBIL Score in Getting a Home Loan?

Parting thoughts

India has many other credit bureaus as well, such as CRIF High Mark, CRISIL, and ICRA. However, when it comes to the best, CIBIL, Experian, and Equifax take the top spots.

If you wish to check your credit rating in a hassle-free and speedy manner, Tata Capital has the right solution. Visit our website or log in to our app to conduct an effortless credit score check today!

Check Credit Score
Popular Searches
cibil score annuity types what is crif score loan for defaulters domicile certificate meaning credit score vs cibil score how to remove enquiry from cibil importance of credit rating crif vs cibil cibil score for car loan
Disclaimer

Most Viewed Blogs

Trending Blogs

Calculator

Personal Loan EMI Calculator

Personal Loan EMI Calculator
Home Loan EMI Calculator

Home Loan EMI Calculator
Business Loan EMI Calculator

Business Loan EMI Calculator
Used Car Loan EMI Calculator

Used Car Loan EMI Calculator
Two Wheeler Loan EMI Calculator

Two Wheeler Loan EMI Calculator
Loan Against Securities Calculator

Loan Against Securities Calculator
Loan Against Property Calculator

Loan Against Property Calculator
More Tools
Our Subsidiaries
Our Other Websites

Important Information

Investor Information

Visit us on:,Visit us on: www.tatacapitalmoneyfy.com,www.tatacapitalmoneyfy.com

Our Private Equity Funds

Amalgamated Companies

Top Branches
Most Important Terms & Conditions - Home Loans

Download in your preferred language

Download

Policies, Codes & Other Documents

Most Important Terms & Conditions - Home Loans

Download in your preferred language

Download

Tata Capital Solutions & Services

Uh oh, something went wrong

Please try again later.