CIBIL News Updates

ICICIDirect, CIBIL Launch Credit Portfolio Insights & More

ICICIDirect, CIBIL Launch Credit Portfolio Insights & More

ICICI Combines User Data Into Incredible New Portfolio Tool

ICICIDirect, CIBIL Launch Credit Portfolio Insights & MoreICICI Securities and CIBIL announce CIBIL TransUnion Score and Credit Portfolio Insights on ICICIdirect.com

ICICI Securities Ltd and also CIBIL revealed the release of the CIBIL TransUnion Score as well as personal Credit Portfolio Insights on ICICIdirect.com. This is a first-of-its kind service in India where the financial investments and also lending portfolio are updated immediately in their account. This service is a subscription based solution for ICICIdirect customers at a small cost.

In 2014, ICICIdirect partnered with CIBIL to supply CIBIL TransUnion Score as well as the CIBIL Report. Since then, clients have had fast easy access to view both their lendings as well as investments profile at a single area, hence they were able to handle their individual financial resources much better. A beautiful working system that required lots of manpower to create.

ICICIdirect.com has more than 3.8 million customers and also supplies a variety of financial investment services. Maintaining track of one’s CIBIL Report and also CIBIL TransUnion Score is as vital as keeping an eye on financial investments as it has a straight effect on the bravery of an investor in a risky market. The brand-new initiative by ICICI Securities as well as CIBIL will make it possible for ICICIdirect clients to track their Investments, Loans,  and even the users CIBIL TransUnion Score all in one location.

By incorporating investment profiles within the loan portfolios and CIBIL Credit Score on ICICIdirect.com, we believe that we will further aid our consumers to have better control over their funds and also financial objectives,” claims Abhishake Mathur, Head Investment Advisory Services, ICICI Securities Ltd.

“Today majority of bulk loans or credit cards get approved after accepted the examining’s CIBIL Report and CIBIL TransUnion Score. A person’s CIBIL Report and CIBIL TransUnion Score not just determine whether or not the person certifies for a loan, yet it may also have an impact on the terms and also conditions on the financing. The CIBIL TransUnion Score is acquired utilizing the credit rating history found in the CIBIL Report.

Viveka Rao

About Viveka Rao

Viveka Rao is post grad in finance and a freelance writer here at CreditSmart. A love for shopping and travel rewards has fueled her interest in personal credit, and making the most of rewards programs. She writes to educate other consumers in making great financial choices.

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