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Cibil score is also known as credit score. It is a three digit code which is issued by the credit information bureau of India limited to all the borrowers of its member banks. This score is based on the entire payment history towards all the credit account that a borrower has and his overall commitment towards making the payments of the loans, credit cards etc. This credit score helps all the member banks of cibil in taking the lending decisions easily as after viewing the score of a particular person they decide whether they shall issue the funds or not.