CIC (Credit Information Company) credit scoring in India involves bureaus like CIBIL, Experian, Equifax, and CRIF High Mark collecting financial data, generating scores, reflecting creditworthiness, and providing these to lenders for loan decisions.

Banks use these scores to assess risk, influencing loan approvals and interest rates, and by RBI mandate, individuals get one free annual credit report.

BankFlex^® Core Banking provides complete support for interfacing with CIC for generating and uploading consumer information and for obtaining the scores in real-time.

BankFlex supports both API and File exchanged based protocols for this integration. BankFlex supports interfacing with each credit bureaus as per their specific integration requirements.