How do i fix my CIBIL ?

[raman singh]

Hello, This is regarding my father. He is a govt. Teacher, age 49. He took bike in EMI. He's old so he is not comfortable with modern technology so avoids mobile or online payments etc. so for EMI(Rs 3458) an agent from Bajaj finance service used to collect it. the agent collected all EMI and gave reciept but for the last 2 payments he didn't, the agent took the money (cash) but did't submit to the bank. and left the job(we got to know 6 months later). since he was trustworthy father thought the loan was closed but when we inquired for a home loan the bank said your CIBIL is defaulted( cibil is- 528 now with a claim) right now(may 2024). my father has been paying all of his EMI, he's never late. He's a permanent Govt employee. with monthly salary 60,000+. he doesn't have to skip the last 7000

The Bajaj Finance Service has accepted that the mistake was from their Agent side, but what should we do about his CIBIL. to clear his Record. make his CIBILbetter

 

[zacobite]

Hello, This is regarding my father. He is a govt. Teacher, age 49. He took bike in EMI. He's old so he is not comfortable with modern technology so avoids mobile or online payments etc. so for EMI(Rs 3458) an agent from Bajaj finance service used to collect it. the agent collected all EMI and gave reciept but for the last 2 payments he didn't, the agent took the money (cash) but did't submit to the bank. and left the job(we got to know 6 months later). since he was trustworthy father thought the loan was closed but when we inquired for a home loan the bank said your CIBIL is defaulted( cibil is- 528 now with a claim) right now(may 2024). my father has been paying all of his EMI, he's never late. He's a permanent Govt employee. with monthly salary 60,000+. he doesn't have to skip the last 7000

The Bajaj Finance Service has accepted that the mistake was from their Agent side, but what should we do about his CIBIL. to clear his Record. make his CIBILbetter

bajaj finance can reverse the negative record., cibil. will. bounce back..

 

[AlertsByVivek]

Ask bajaj to provide settlement NOC and same you can submit to cibil and other institutions

 

[anuragmukherjee28]

you can watch this video

 

[BHAVESHKESWANI]

write to CIBIL for such discrepancy. And never ever transact with any banking official for cash transactions, i have faced the same situation.

 

[saurabh2605]

Yes easy way in your case to ask the institution and reverse back your status your CBIL will automatically acting on postive notes but in one day.

So my suggestion is to use credit card to pay small bills of your household and paid that credit bills before dates if you did this exercise in long run approx 6 month you CBIL will raise because unsecured loan is on higher and you paid that before due date that always increase your CBIL