Free Annual CIBIL Report to Individuals from January 1, 2017 :Reserve Bank

Free Annual CIBIL Report to Individuals from January 1, 2017 :Reserve Bank

The Committee to Recommend Data Format for Furnishing of Credit Information to Credit Information Companies (Chairman: Mr. Aditya Puri) constituted by the Reserve Bank of India (RBI) had recommended that each customer of a credit institution should be provided one base level consumer Credit Information Report (CIR) free of cost every year by each Credit Information Company (CIC).

Given the importance of the credit report in an individual’s financial matters, he / she is entitled to have a copy of the report upon request.

Further, the objective of providing the free credit report would not be fully met unless this report includes details that figure in the full credit report that is accessed by the credit institutions while considering the request for fresh credit facilities.

The report should also provide an opportunity to the borrower to have the errors, if any, in her / his credit history rectified.

Taking into account these objectives, it has been decided, in exercise of the powers conferred upon RBI by sub-section (1) of Section 11 of Credit Information Companies (Regulation) Act, 2005, to direct Credit Information Companies to provide access in electronic format, upon request and after due authentication of the requester, to one free full credit report (FFCR) including credit score, once in a year (January to  December), to individuals whose credit history is available with the CIC.

This report must show the latest position of the credit institutions’ exposure to the individual as per records available with the CIC.

The contents of the FFCR shall be the same as appearing in the most detailed version of the reports on the individual provided to credit institutions, including the credit score. A directive DBR.CID.BC.No.10/20.16.042/2016-17 dated September 1, 2016 to this effect is enclosed.


All CICs shall put in place necessary systems to provide access to the above described FFCR once, at any time, during a year, upon request, to individuals whose credit data they hold, from the year commencing January 1, 2017. The CICs shall notify on their website the procedure for accessing the FFCR, and also have a board approved policy in this regard.
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