How to Check a Credit Report in India

Your credit report in India is important. It is responsible for opening or closing lines of credit and used by all lenders when assessing your suitability for credit. It is important to check your credit report in India regularly. Your credit report enables you to assess areas where improvements could be made and to get errors, which could be negatively affecting your credit score, rectified. It is only recently that checking a credit report in India has become possible.

Instructions

1

Apply to check a credit report in India in writing. It is the only way. The report is only available from Credit Information Bureau (India) Limited. Click the link in the Resources section. Click "Download Request Form." A new window will open. Print the request form.

2

Complete the request form accurately. Several forms of identification are required to check a credit report in India. They must be originals. You must have a passport, voters' identification paper or a Permanent Account Number (PAN). This is a plastic card, similar in size to a credit card, and has a 10 alphanumeric digits embossed on it. The card is issued by the tax department of India. Additionally you must include originals of your latest electricity, telephone or bank statement.

3

Get a demand draft application from your bank to check your credit report. A demand draft is the most common way that Indian banks use to transfer money. Complete the application form and purchase a demand draft for Rs 142 (this includes all taxes, fees and return mail charges as of 2010). The demand draft must be made payable to the Credit Information Bureau (India) Limited, payable in Mumbai. It is nonrefundable.

4

Place the original proof of identity documents, demand draft and request form in one envelope. There are two ways to mail it: Speed Post to P.O. Box 17, Millennium Business Park, Navi Mumbai-400 710 or Courier to Credit Information Bureau (India) Limited, Hoechst House, 6th Floor, 193 Backley Reclamation, Nariman Point, Mumbai-400 021. Your identity will be verified and your report mailed to you.