When we apply for a loan to a bank or a financial institution and submit all required documents for the proposed loan we came to know that bank will forward our proposal after getting a clean CIB report. Though we have a bit of knowledge about loan procedure we merely know about what is CIB and why a CIB report is needed for decision making in providing loans for the bank and other financial institutions. In developed countries, banks or financial institutions use a variety of techniques to justify the eligibility of getting a loan of the applicant. But in our country, CIB report is the primary and only official procedure for verifying the creditworthiness of the applicant. Here, I’m going to discuss the information covered in a CIB report and the importance of CIB before approving a loan to a borrower.