If you have, are or intend to establish a credit relationship with banks and financial companies, it is important to understand the concepts of “What is CIC? “, “How to check CIC online? “…is essential. In this article, Banktop will help you learn these terms correctly.

Watching: What is Cic

Table of contents





?CIC is an acronym for Credit Information Center – CIC is Vietnam’s National Credit Information Center, developed and operated by the State Bank of Vietnam. Vietnam. The main function of the CIC Center is to collect, analyze, process and provide credit forecasts at the request of the State Bank of Vietnam.

What is Cic – Credit Information Center?

We easily come across phrases like detailed cic check, online cic check or credit history check… when applying for personal unsecured loans, opening credit cards… at banks and companies finance. That is the first step for lenders to ensure that customers do not have bad debt or have too much outstanding balance before deciding to lend.

So what is CIC credit information center? It is where individuals’ CIC credit information is stored.



When a customer registers any transaction with the bank such as unsecured loan, mortgage loan, credit card opening, etc., the credit system of the lending bank will update information about the loan such as outstanding balance, debt repayment time, payment process… to the CIC system of the State Bank.

From this information, the CIC system will synthesize and update them into a database that can be looked up online to most accurately reflect individual – business credit history.

Operation principle of CIC . credit center

If you have a good credit history when you look up CIC, loan applications will be assessed and disbursed easily. In contrast, CIC is no different from a blacklist for individuals – businesses with frequent late payments, bad debts, and if you are on this list, your chances of getting a loan will be very low.

To better understand, the CIC system gathers historical information about customers’ relationships with credit institutions and divides them into 5 groups:

READ MORE  Horoscope 2021 Year of the Dragon Year of the Dragon 2012 Female Mang

Group 1: Group of customers with qualified outstanding loans, able to recover loan capital and interest on time. The case that is only 1-10 days late is still in Group 1, but there is a penalty fee. Group 2: Debt group needs attention. This is a group of customers with late balances from 10 to 90 days. Group 3: Groups with substandard debts. This is a group of customers with overdue outstanding loans in the period from 90 to 180 days. Group 4: Group of doubtful debts. These are debts in the group that are overdue from 181 to 360 days. Group 5: Outstanding loans that are likely to lose capital (the bad debt group does not continue to lend). Debts that are overdue for more than 360 days.


We already know that the CIC credit center is an organization operating under the management of the state bank, so what is its function?

Processing national credit registration documentsReceiving, analyzing and processing credit information of individuals and organizationsImplementing scoring and credit rating of individuals into debt groups from 1 to 5, thereby helping banks to prevent and limit risks when disbursing loan documents….Provide products to look up personal cic credit history for credit institutions, banks, companies financial companies according to regulations of the State Bank.

See also: What is Property – Definition, Example, Explanation

Reference: Support to borrow money online with just ID card


Through the above analysis, maybe you already understand the basic function of the CIC Checking system, right? So what details can we check when looking up CIC? Let’s find out more!

What information does looking up CIC provide

?CIC can be said to be no different from a dictionary, providing all information about the credit history of an individual or an organization. Specifically, the CIC can provide information including:

How many credit institutions does the customer currently have relationships with. What is the outstanding balance up to now? What is the purpose of the customer’s loan with their loan packages: consumer loans, business loans or service loans? Services for other purposes? How long does it take to register for payment? What debt group does the customer belong to? For mortgage loans, what assets have customers used as collateral for the loan. Most importantly , is the customer’s repayment process good?

READ MORE  The Basics of Multi-Level Selling

CIC lookup provides information about credit history

To be able to decide whether to lend to customers or not? The bank will base on the factors obtained when performing the CIC lookup.


What does CIC check mean

?CIC check is not only meaningful for the Bank but also quite important for individuals and businesses.

For Banks – Credit institutions:

The basis for deciding whether to approve a customer’s loan or request to open a credit card. Manage customer information in a uniform manner between banks through the CIC system.

For customers:

CIC is a form to help customers check their loans and credit relationships. Before applying for a loan, please open a credit card, checking online cic helps customers check. Am I eligible or not? or predict the pass rate.


Currently, there are two methods that can help you check your personal credit history: through a credit information center or through a service company.

Check your personal CIC at a credit center

You can check CIC directly at:

Hanoi: No. 10 Quang Trung, Ha Dong District, Hanoi, Vietnam. Ho Chi Minh: Floor 1, No. 68 Nguyen Hue, District 1, City. Ho Chi Minh, Vietnam

CIC can be searched directly at Credit Information Center Hanoi: Room 1303B, Vietcombank Building, 198 Tran Quang Khai, Ly Thai To Ward, Hoan Kiem, Hanoi Ho Chi Minh: 4th Floor, Office Building 13- 13 Bis Ky Dong, Ward 9, District 3, City. Ho Chi Minh

However, this lookup will incur a CIC fee. To be able to check personal CIC for free, customers can look it up directly on the website, although it is not full of detailed information, it still has basic information to be able to check credit history.

How to check personal CIC through Bank

Rather, in this test, we will go through financial companies or installment loans to follow the principle: When a customer applies for a loan, the bank or financial company must must check the customer’s CIC credit history to decide whether to lend or not?

READ MORE  Born on February 20, what sign?

To perform the cic test, we do the following steps:

Step 1: Apply for a loan at the Bank Step 2: Provide ID number information to conduct a CIC credit history lookup Step 3: After the search, the bank will notify the customer of the CIC result.

So you have completed the online CIC credit history lookup. Here’s a little trick you should know.

Search CIC Online for free via the website of CIC credit center

In addition, customers can also look up their personal CIC directly at the website of the CIC credit center. Before searching, you must register for an account by following these steps:

Step 1: Visit the website to register here

Step 2: Fill in the information, upload three more pictures of the front and back of your ID card and one photo of you to register for an account.

Register an account to look up CIC credit history

In case you already have an account, just log in.

Step 3: Enter the OTP code sent to your message to confirm account registration. Then check your email for account information and start looking up.

Enter the OTP code to verify registration for a CIC lookup account

Step 4: Access the website to look up CIC credit history online at https://cic.gov.vn/

Step 5: Proceed to register to look up, after 1 day CIC will have a staff call you to verify some personal information. If the information is correct and matches, your CIC search results will be sent to Email.

See also: What is an Idea?

Example of individual CIC lookup results


Through this article, customers can surely answer the question “What is CIC?”. Banktophy hopes to help you get the necessary information about the CIC center. If you have any questions, please leave a question below the article, we will answer.

Or if you are in need of an installment loan, please contact the hotline for direct and completely free advice!