Financial Credit History Check
Verify the employee’s financial credit and financial health from authorized credit investigation agencies in India such as TransUnion CIBIL, Experian, etc. to mitigate the risk of fraud.
A credit check is a credit score that a govt provides. recognized credit bureau used by employers to ascertain the financial stability of the candidate. Credit History screening reports are recommended for employees who may impact company finances. This necessarily includes all employees in accounting functions, but may also include other employees such as those provided with a corporate credit or purchasing card. The candidate’s details will be available subject to the creation of a credit history wherein a score will be provided. In case the candidate’s name is not available in the database, the charges shall be applicable
Why?
This check not only gives a credit score but also provides/verifies a lot of details like identity and address details. These checks help to confirm the payment history, liabilities, and bankruptcy of the candidate.
Turn Around Time (TAT)
Between 3-6 working days