BRD

BRD — Credit Bureau Pull

In Review

SakshamAI

Saksham is ready

Ask me to help draft, review, or generate content

Reflections

# BRD — Credit Bureau Pull

## 1. Overview
This document specifies the functional requirements for the Credit Bureau Pull module within the Loan Origination System. The module integrates with CIBIL, Experian, CRIF High Mark, and Equifax to fetch credit reports for loan applicants.

## 2. Business Context
Credit bureau data is a critical input for credit underwriting decisions. Acme Bank currently pulls from CIBIL as primary bureau. This BRD extends the capability to support multi-bureau pulls, bureau score arbitrage, and automated decisioning based on bureau data.

## 3. Functional Requirements

### 3.1 Bureau Integration
- **FR-CB-001**: System shall integrate with CIBIL TransUnion API v3.0 as primary bureau
- **FR-CB-002**: System shall integrate with Experian as secondary bureau for score arbitrage
- **FR-CB-003**: Bureau pull shall be triggered automatically upon KYC completion
- **FR-CB-004**: System shall retry failed bureau pulls up to 3 times with exponential backoff

### 3.2 Score Processing
- **FR-CB-005**: System shall use the higher of CIBIL and Experian scores for decisioning
- **FR-CB-006**: Score < 650: Auto-reject with reason code CB-001
- **FR-CB-007**: Score 650–699: Route to manual underwriting queue
- **FR-CB-008**: Score ≥ 700: Proceed to automated credit assessment

### 3.3 Derogatory Check
- **FR-CB-009**: System shall flag any active DPD (Days Past Due) > 30 in last 12 months
- **FR-CB-010**: System shall check for written-off accounts in last 7 years
- **FR-CB-011**: System shall check for active legal proceedings (suits filed)

## 4. Acceptance Criteria
- AC-01: Bureau pull completes within 8 seconds for 95th percentile of requests
- AC-02: Multi-bureau arbitrage selects higher score correctly in 100% of test cases
- AC-03: Auto-reject fires correctly for score < 650 with correct reason code

## 5. Regulatory References
- RBI Guidelines on Credit Information Companies (CIC) 2006
- Credit Information Companies (Regulation) Act 2005