These APIs allow the client to pull the CIBIL credit report and run policy checks on the credit report. For each policy which is sent, the credit report is evaluated. You can run a limited number of policy queries on a given report. This API is fully compliant with the prevailing regulations.
- Initiate Transaction API: This API enables you to prepare the customer’s data in CIBIL.
- Initiate Customer Authentication: This API enables you to authenticate the customer.
- Verify Customer Authentication: This API enables you to pull a report from the bureau.
- Run Policy API: This API enables you to query the report and run your custom policy against it.
Typical customer journey would be like below :
- The customer applies for the loan on the partner’s platform.
- The partner collects relevant information from the customer and passes that information to us, which then gives us the report.
- Now the partner queries the report against policies it wants to run.
The anonymized credit parameters, along with their repayment performance on our system will be shared with you separately to help train your models.
Further information on the flow can be found here.
If you have any technical questions regarding these APIs, please contact us at [email protected]