Eligibility
TransUnion CIBIL Membership is available to the following institutions:

  • Credit Institutions (banks, RRBs, co-operative bank , NBFC, public financial institution, housing finance institution etc.; companies engaged in the business of credit cards and other similar cards; and companies dealing with distribution of credit in any other manner or any other institution which the Reserve Bank may specify from time to time for this purpose)
  • Insurance companies
  • Companies providing cellular or telephone services
  • Credit rating agencies
  • Asset reconstruction companies
  • Telecom companies
  • Specified user under clause (j) of Regulation 3 of CICRA

What’s the process to become a member of TransUnion CIBIL? Moreover, becoming a member of a credit information bureau ensures your organization’s compliance with the Credit Information Companies (Regulation) Act 2005. The Act stipulates that all the credit institutions including NBFC’s, banks and other financial institutions should be a member of a Credit Information Bureau.

  • The potential member will need to provide a single point of contact for Transunion CIBIL (a nodal officer).
  • List of documents to be executed and dispatched:
    • Membership application form to be duly filled in by the FI/bank
    • Letter of application on FI/bank’s Letterhead
    • Pricing annexure: To be signed and stamped by the member
    • Operating rule book: All pages to be signed and stamped by the member
    • Copy of letter of authority issued by FI/bank on letterhead: Letter of authority confirming capacity and authority of the signatories to the documents executed by the respective members.
    • Certified true copy of the license issued by RBI/for HFC ( issued by NHB): To be signed and stamped by the member
    • Additional documents with respect to “Eligibility criteria for entities to be categorised as Specified User” as defined by RBI
    • Payment of annual fee and membership fee
  • Fees structure:
    • Membership fee: INR 10,000/- (plus taxes @18%)
    • Annual fee: INR 5,000/- (plus taxes @18%)
    • Membership fee and annual fee payment to be made by cheque/demand draft to be issued in favour of “TransUnion CIBIL Limited”
    • The physical copies can be couriered to: Transunion CIBIL Membership Team, TransUnion CIBIL Limited, One World Center, 19th Floor, Tower 2A, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013.
  • Once documentation is complete, we’ll provide you with the costs associated with using our services.
  • Upon completion of all the formalities, Transunion CIBIL will provide you with a "Member Kit." This contains vital information that will help you begin using our services.
  • If your representatives need assistance our Membership Desk is available at 022-62358100. Alternatively, you may write to us by clicking on Contact Us