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CIBIL Score

A CIBIL member is an organisation that is authorised to participate in TransUnion CIBIL's credit-information system and, where applicable, furnish and access credit information under the applicable regulatory framework. Members both contribute borrower information monthly and access CIBIL reports when deciding on loans. TransUnion CIBIL has over 5,000 members, including banks, financial institutions, NBFCs and HFCs. From January 1, 2025, credit information is required to be updated on a fortnightly basis, or more frequently where agreed between the credit institution and the credit information company. Only borrowal accounts get reported, loans and credit cards. Savings accounts and fixed deposits stay private. Once reported, your payment history becomes visible to every CIBIL member.

By Mohit Juneja | 18 August 2026

CIBIL Score

Building your credit score means creating a payment history that lenders trust, by using credit responsibly over time. It can take time for enough reported credit activity to build a score. The exact timing depends on when your lender reports your account information and whether the bureau has sufficient data to generate a score. After debt, recovery from default or settlement usually needs 12 to 24 months of clean behaviour, on-time payments, low credit card usage, no new loan applications. The score starts low and climbs steadily with each on-time payment, not quickly.

By Mohit Juneja | 18 August 2026

Loan Settlement

A bank haircut is the difference between what a borrower originally owed and the reduced amount a bank agrees to accept as final payment, or the discount a lender applies to an asset's value when it's used as loan collateral. In personal lending, a haircut usually shows up as loan settlement.

By Mohit Juneja | 18 August 2026