One of my blogger friends recently applied for a credit card from a reputed bank in India. He has good balance in his saving account and is one among the premium customers of the bank. The bank obliviously accepted his request-did the address verification and forwarded an application to the head office. Having a credit card is important for a web based professional as he is required to buy web hosting, renew domains, etc. from time to time.
Later after a few weeks the lender sent him an SMS saying that the application has been rejected as his name is listed in CIBIL defaulters list. The guy is currently in a good financial position but his CIBIL history shows some old and pending loan payments reported by some other bank. CIBIL is a credit intelligence agency in India backed by private sector and public sector banks. They collect financial character of every person in the country from participating banks and assign a score. The score is calculated after understanding loans taken, payment pattern, credit card usage, spending style, etc. You may be rich but banks may not take your wealth as the primary aspect for approving a loan or credit card-but they use CIBIL score.
How to check my CIBIL Score report online:
CIBIL scores range from three hundred to nine hundred. A value near 900 makes you highly eligible for loans, credit cards and anything around 300 puts you in trouble -the defaulters list. Sometimes they provide negative or zero values as CIR status. That means your information is not available with them or the current credit data is valid to calculate a suitable score. CIBIL now provides an online facility through which public can request their scores. You will need to submit your personal, financial details and address proofs along with a single time payment of 450 RS to get the CIBIL credit report from the internet. CIBIL TransUnion Score and CIR are two types of reports available for purchase. The former is the complete one that includes details of credit history, dues, repayment style, financial negligence, contact address and the CIBIL score or a person. After registering here, collect the receipt from mail, print and send it to the following address along with proofs specified in the online form. It will take a few more days to validate your data before they send the final CIBIL report in an easy to understand format.
My name is in CIBIL defaulters list-how to remove it:
So now if your CIBIL score is less than handsome value, banks will grade you as a defaulter and your credit requests will be denied. The only way to come out of this annoyance is to get the CIBIL report and find out black marks on your financial activity. If there are any dues pay the full amount. Then get a “no dues certificate” from concerned banks and request them to remove your name from the CIBIL list. You cannot plead CIBIL to pull your name from their database. They only update this data upon request from banks that have added it. So wait for three to six months for the reports to get updated. If this is not working you can contact the nearest banking Ombudsman with full details of your payment.
Tips to improve CIBIL credit score:
Never spend more than you can earn: This is the basic step for a better financial security. Don’t get more than one credit card as it might put you in debt and eventually to a low CIBIL credit score. Try you use your debit card in merchant locations- they too offer points for purchases.
Pay credit card bills and EMIs in time: Never opt for the minimum payment option in your credit card bill. It’s a trap, and you’ll get into deep trouble with the months coming. Sometimes the banks will force you to settle credit card bills or loans at a lower rate. This will permanently affect your credit score as it leads to a CIBIL reporting that might tabulate you as a late payer who depends on settlement to pay the bills. Instead of this ask them to convert the full amount into EMI and extend repayment time.
Save for future: Remember to keep backup cash in your savings bank account. This should be at least six times your monthly EMI. In case if you get through a financial burden the amount will help to continue paying debts and bills.
kindly submit my cibil report
dear sir,
plz let me know my CIBIL CREDIT SCORE URGENLTY. I REQURE FOR HOME LOAN
hi,
please give my credit score
mane hdfc se car loan liya tha mane sattelment ker diya he lakin mera name cibil me aa raha he please help me.
Hi Sir,
Recently i have got the cibil reports on April and i have seen there are 4 cards and 2 personals( payed properly).this is all happened one person cheated me when i was doing my business.
One cards was from SBI.total amount was 50000 and it was not payed. I was not aware of this for some time then i came to know that i became 2 lacks. after one year i had talk to Bank person and settled the 50000 Rs
I got the cibil report again from one of my known friend. Now i can see there is no pending amount byt two written off and one settled these all are credit cards.
Could you please guide me from now how can i improve the cibil score and how to remove the records.
I have given request(transaction id no-S081103863 and Transaction ID 2154401) for CIBIL statement, with paying Rs-450, through credit card. on 12-08-2011 but not received any information from your side. So please give my CIBIL report as soon as possible.
Dear sir/madam,
iam gajanan jagadale residing in kolhapur (Maharashtra) i have taken two wheeler loan I closed my loan in 2008 but now my name is seen on cibil …so plz solve my problem…..
email id -gajanan_jagdale@rediffmail.com
Sir,
I have settled motorcycle case with HDFC Bank a year ago, Credit Card settled with SBI a year ago.
Now I want to get my name cleared from the CIBIL List. Please advice me as to what shall I do?
looking for a favorable response.
Thanks
I would like to know whether my name is appearing in my CIBIL defaulters list.. My date of birth is 25-06-1982.
Dear Sir/Madam,
I am Pramod Sagar residencing Delhi, I have taken the ICICI Credit card no.4023,6850,1926,5001Which was totally closed(full and final settlement done 21/06/2010)
Now the problem is my name is defaulter list in CIBIL report. Because I am not able to get any loan from bank. I am already discussed with CIBIL They are saying we can’t modify any information in the database without the concerned member confirming the same. It is responsibility of the concerned member to submit correct, updated and accurate credit information to CIBIL.
I am already informed to concerned in ICICI branch. But still it is not updated to CIBIL.
Please give suggestion for my problem. and what is my next step.
Regards
Pramod Sagar
Ph: 9910338344, 9999033644
Email psagar.70@rediffmail.com
Email pramodsagar5700@gmail.com
I have paid the (as Settlement) of my credit card
Kindly remove my name from the cibil ‘s list
Regrads
Shipra
kindly send cibil score to my email address.
hi,i have cleared all my loans but there was some issue in my car loan.i have no idea why my name is reflecting in cibil report.if there is some thing pending pls let me know so that i can clear what ever are dues.
The CIBIL is Junk.
May be after some years, the banks may stop using CIBIL.
If the banks continue using CIBIL, they can’t do the business.
The banks are already dried out, lets see how long they continue.
90 % will be defaulters or holding more than they afford…..
Hope CIBIL goes away soon.
Nk I agree with you. This is the result of aggressive marketing of credit card and loans by different banks in 2004-2008 era when they where like distributing the money like anything.once the recession strike indian market in 2008 itself the defaulter list went on growing because of lost of jobs and business ebbing.this is why many branches of different banks have shut down and even some of them have shut down the product itself.CIBIL itself is under credibility doubts and seems to be favoring grantors more.plenty of cases are there where the person has been put under defaulter list despite of his clear record and just by the fault of the banks and NBFC. if the banks follow cibil to know the credit record of a person why not it should be brought under RTI act.
I need Cibil report. What i have to do for the same
Hi,
I had taken a standard chartered credit card in 2005 from a sales executive who visited my office and requested all of us to apply for cards so that he could fulfill his target. I took one and did a couple of transactions for which i always paid duly.my last transaction was done on that card in 2005 itself for Rs 5000 something . I paid for the amount through a cheque drawn on my salary account with HDFC Bank. I paid for the dues 3-4 days before the last date by putting it in the drop box of their parliament street branch but to my surprise when the cheque did not reflect in my statement , i called up the bank’s customer care. i was being told that the cheque was misplaced and i should pay in cash immediately and should also stop that cheque with HDFC Bank. I did the same on that day itself by withdrawing full money from a near by ATM and requesting HDFC Bank to stop that cheque if it shows up with them.. I later received a late payment notice of rs 330 from the bank for which i called their customer care which apologized for their deficiency in services and advised me to ignore the letter as they were waiving it off. Next month it again happened the bank had put late fees on the initial late fees and sent me a notice. i again got a false reassurance from the bank that they would waive it off. Eventually they cancelled the card and i was pleased as i did not like their attitude as well as service. I got a shocking call in 2007 from their recovery department threatening me to pay their dues and after my narration of the whole episode the conversation was over. Again in 2009 i got a call from them accusing me of not paying banks money and after some conversation the call was again over for a year. Now i get a call from the bank every year where they threaten me and accuse me to duping banks principal money which they admit after a while that is not true and then negotiate to settle the case. last year i was being told that they are putting my name with CIBIL as a defaulter which eventually they did. I found this out when citi bank refused to offer me a credit card due to my low CIBIL score. they say that if i will settle the case with them for 2000 bucks they would update CIBIL and my name would not appear their plus i would be given a settlement letter. I am really fed up with this annual torture and false inclusion of my name in CIBIL. What should i do i am so confused. Some people say even if i would go for the settlement letter , it would not help as it would only prove i was a defaulter and my credit rating would not improve. I have not even done any default and i feel extorted by the bank….i have been using credit cards of some other banks since 2004 and i have never been in any trouble . even my car loan was paid in advance . My clean record has been tarnished for nothing..PLEASE HELP ME BY ADVISING I DON’T KNOW WHO TO ASK?????
Hi,
For just 2000 you are int he defaulters list…..however this will not be taken into account by any bank becoz it is very minimal balance….i have worked onthis areas and they do have a margin….but it differs from bank to bank…as long as you get all the applications for loans or CC approved….you need not worry…
from my experience you cannot do anything with the bank…its all waste of time…it is now that CIBIL is in place…later some one else would come up with BIBIL…its all money and nothing else…and all these applies to IT people…
Thanks
Kiran
Idiot, if you donot have any knowledge on this.. why do you need to reply?
Rashim is in real trouble, and if you can not help him, just don’t blabber.
Hi Rashim,
Do you have all the documents pertaining to transcations of HDFC bank and your standard chartered credit card statement? If yes, approach the nodal officer of the bank and let him/her your story and ask them to do a “zero wise” in your CIBIL record. Please have all your communication with Nodal officer via e-mail and not through a phone call. If they are not willing to help you, tell them you’ll take up your case to the Banking ombudsman in RBI.If they still fail to act, just walk in to RBI branch in your city (RBI has branches in all metro cities) and submit a written complaint to the banking ombudsman officer, who inturn will take up the case with SCB. It’s a free of cost service. For more details you can go through the banking ombudsman document in RBI website (www.rbi.org)
Balaji
+919840041222
I think Standard Chartered has been most notorious in this regard. I have a similar instance where I had asked the bank to cancel my card. This is on mail.
Later, there was a mail from the bank representative asking me to continue with the card with the membership fee waived-off. I could not reply to the mail as had traveled out of the country by then.
There is no transaction on the card since then. The balance of Rs. 600 or 750 ( the membership fee) has culminated to Rs. 50000 and for no reason other than the bank’s marketing gimmick.
I settled this out with the bank and they had ensure that the name from CIBIL would be pulled back. I had confirmed this from them multiple times before settling the records. However, just the day after I made the payment for settlement, I receive a call saying that I need to pay further to clear this from CIBIL.
In short, StanChart is bogus.
Hi,
I had two credit cards and I took a personal loan from HDFC in 2009 and i have paying the EMI regularly and also I have not missed out any EMI for my Personal Loan from 2009 to till date, but regarding credit card I had also paid regularly but sometimes
I had missed out some payment for both the cards due to some problems
but after that i have made full payment(not settlement) for the ICICI CC in 2010-11 and for HSBC I made full payment(not settlement) in 2011
and closed both the cards and I got the NOC from ICICI bank and asked NOC to HSBC bank they will provide me after some days.
So my concern is will my name remove from cibil? Will I get good score in cibil? Will I get the HOME Loan from bank?
and will i get the credit card from any of the bank?
I have not missed out any EMI for my HDFC Personal Loan from 2009 to till date and I don’t have any CC right now.
Please give me the information for my above queries.
Regards,
KRaj
Hi,
Please advice me for my above concerns.
I am Looking for your guidance and support.
Regards,
KRaj
I have given request(transaction id no-S081103761) for CIBIL statement, with paying Rs-450, through axis bank credit card. on 11-08-2011 at 8:13 pm.but not received any information from your side. So please give my CIBIL report as soon as possible.
Dear Sir,
I’ve applied a personal loan in HDFC my loan rejected due to cibil, i;ve problems with my credit card bills, I’ve asked for settlement and i’ve paid the complete settlement in all my 3 cards (icici,abn amro,citi bank I’ve settlement copy with me ,but still my name is in cibil my score is 419 may i know when can it ll be c; cleared and what is the normal score to avail loan,please reply and give me feed back
Thanks & Regards,
Rathish kumar
Dear Rathish,
Wait for 3 months and your cibil score will be updated by the banks you have made settlement.keep following up with the banks.
Dear Sir,
Around five years ago, due to some financial crisis i have taken the personal loans from ICICI, Ciifinancial and fullerton. Beside this i had a credit card of SBI too, as there was a big financial crisis in our family i was unable to pay my loan. I have made the settlement with all the banks and my name is put in CIBIL list. With gods grace now my situation is improved and i would like to remove my name from this list. If i need to pay any charges i will pay it to the banks but i would like to have clean records and would like to have a good credit ratings.
If you require more details please let me know. Looking for your guidance and support.
Thanks
Rahul
Dear Rahul,
You have made settlements and not closure hence your name will be reflecting in cibil defaulter list.however you can approach the banks and explain your intention in this regard. after the outstanding payment they will issue you the closure letter and update the same in cibil.
We will help u in sorting out CIBIL Issue. Cont : DEBT DOCTOR-8553120243
Hi Sir,
I ahve 2 credit cards and currently I am not in position to pay the amounts but I am paying whatever in my Kity.But in the month of november I am going to pay whole amount not opt the settlement option.So once i apid that amount i want to apply for the home loan in the month of June 2012.So till then CIBIL has been updated? and what should I take from the bank for clearing my dues on credit card?cos my name is in defaulter list of CIBIL now.so please help out.My total outstanding in 2 CC is around 57,000.So please suggest me on the same.and let me know how my CIBIL gets updated?
Regards,
Chetan
I would like to know whether my name is appearing in my CIBIL defaulters list. I have default for ICICI bank credit card and Cholamandalam Finance. My date of birth is 20.10.1962.
CIBIL STATUS CHANGES / SERVICE REQUEST NO; 668276/ MEMBER ID BF 99981024/
RESPECTED SIR. MY REQUEST TO CIBIL CLEARANCE PROBLEMS MY AXIS BANK CREDIT CARD NO 4718 6301 0054 4542 SETTLED 31/05/11 , HIGH CREDIT &OVER DUES AXIS CARDS WRITTEN OFF, SETTLED 31/05/11 , Please change my CIBIL MY STATUS CHANGES. YOUR VERY SUPPORTS me and my SMALL BUSINESS. I’m WORKING on getting CAPITAL LOAN AMOUNTS and YOUR FAVORABLE ORDERS.
THANKS
SANJAYAN P.S
Dear Suman,
Never publish you credit card, savings account or PAN card number in public forums and blogs. I’ve edited your comment to make it safe. It is very unfortunate that your name is still in the CIBIL defaulters list. I request you to contact the concerned ICICI bank branch to get more information on this matter. CIBIL can act only upon request from the respective banks. I hope that you have not opted for one time settlement option.
Dear Sir i used ICICI credit card and its out standing amount with interest paid on 17.02.2011 after about (900 days) My card nos was 4477*6848224**** add – P-45 Block A Krishna Vihar Delhi , Date of Birth – 15.01 1971 and my Pan no is – B*NPS*921* . About five and half month has been gone but still my name is showing in cibil so you are requested to remove my name from CIBIL
Thanking You
Suman Singh
Hi,
I was in defaulters list for about 8 months for not paying my credit card bill.@ months ago I settled my account with barclays bank and they have given me a settlement letter.I do have a Credit card account with ICICI but I was never into late payment.I have a personal loan from HDFC and before that with ICICI and AXIS and no complaints from anyone.When would my credit score will improve in Cibil as I settled my barclay CC 2 months ago.
can I start applying for Loans ? Plz suggest.
Can I remove my name from CIBIL report without paying dues? Is there any banks that have no tie-up with CIBIL. Please send the details to my mail ID.
Manoj.
DEAR SIR,
I HAVE SEND ADVANCE DD-142/ AS PER REQUEST AND CIBIL FORM FILLED AND ALL DOCUMENTS MAILED . LAST 5 MONTH I HAVE FOLLOWED UP ON TEL WITH CALL CENTER S/MAILED AND ALL USELESS TILL DATE I HAVE NOT RECEIVED MY CIBIL REPORT. WHAT ACTION NEED TO BE DONE. DOES IT NEED PERSONAL FOLLOWUP AT MUMBAI CONFIRM.
Regards,
Kalidasan, Mobile 9326675877
I’ve applied for a credit card at HDFC bank Baroda alakapuri branch. I have been told that I’m listed in CIBIL and when I checked the credit report it shows an old SBI two wheeler loan due which I had settled 2 years back. I got no dues certificate and they had agreed to remove my name from defaulters list. I request you to remove me with immediate effect as I’m badly in need of a credit card for traveling abroad.
Hello Hitesh,
When you opt one time settlement for your loan, banks report the same to CIBIL and RBI. Banks gets a part of this settled amount from RBI and at the end your name will get listed in CIBIL defaulters list. This indicates your inefficiency to pay loan EMIs/ credit card bills and in future lenders will suspect your credit applications and chances are very high to get it rejected.
no chance dear u have to pay full amount there is no other way they will not remove your name
Need my cibil score report.
thank u
Please send my credit score
Dear Sir,
I want Cibil Score Report urgent for my record, my PAN card No. is – AKAPP6519M Date of Birth 01/06/1968
Please Cheque the report and call my cell No. 9594759023
Thanking you,
Regards
Ravindra Pawari
dear sir i want cibil score report urgent for my record my pan no is-ABNPG2786P .D.O.B 1JULY 1961 .
THANKING YOU
SANDEEP GULATI
Dear Sir,
I want Cibil Score Report urgent for my record, my PAN card No. is – AOLPK6135K
Date of Birth 01/11/1976
Please Cheque the report and call my cell No. 9396661143
Thanking you,
Regards
kasani Samuel
Dear sir,
my name in cibil report,but all my payments dues all clear and settled, i purchase flat in vizag,
i need hosing lone, please help sir,
kalvakolanu chandra sekhar, Date of Birth 10-08-1978,