As you are aware, State Bank has enhanced the scope of
its Credit Information Bureau (CIB) by eliminating the
existing reporting limit of Rs 500,000/-. All FIs have
already been advised vide BSD Circular No 6 dated May
8, 2006 to report data to the CIB on the new system only.
Keeping in view the enhanced scope of the CIB, the State
Bank has decided to reduce the CIB report charges as under:-
| S.No. |
Description |
Existing
Charges |
Revised
Charges |
| i) |
Per
Report Charges |
Rs
100/- |
Rs
25/- |
| ii) |
Per
Search Charges |
Rs
5/- |
Rs
5/- |
| iii) |
Login
Session Charges:
First
15 minutes
After
15 minutes |
Rs
0.25/minute
Rs
1.00/minute |
Rs
0.15/ minute
Rs
1.00/minute |
| iv) |
Hard
copy report generated by SBP on the request of member
financial institutions, when due to technical reasons
they are unable to access the online facility |
Rs
150/report |
Rs
100/report |
The
above revised charges shall be effective from 1st July,
2006.
Please
acknowledge receipt.