CIBIL

Description

It is statutory for all Banks to submit monthly data of Advance accounts to Credit Information Bureau (India) Limited, commonly known as CIBIL. Our CRisMac CIBIL solution is used by a number of Nationalized and Private sector banks for submission of CIBIL data

Features

The solution draws data from a Bank’s CBS to produce a report in text format for all the Advance accounts of a Bank within a few hours. Both Individual and Company/Firm accounts are represented, albeit in separate formats, as required by CIBIL

A summary report in print is provided for generation and print, showing the number of accounts submitted in each category, consumer or commercial

The solution is very easily operable; a simple click on an interface enables the processing and the user, after a few hours can collect the text files generated at a pre-ordained location for dispatch to CIBIL