CIBIL CREDIT REPORT
CIBIL CREDIT REPORT

There are

two credit bureaus that maintain your credit data in the country now, the

prominent among them is CIBIL or Credit Information Bureau (India) Ltd. The

newly notified Credit Information Companies Regulation Act (CICRA)

gives a consumer several rights with regard to credit bureaus. 1) First you

should approach CIBIL (www.cibil.com) to get a copy of your own credit report.

This right is given to you by CICRA. Make the request officially in writing and

get an acknowledgement for your request. 2) This report will then outline what

exactly is reported by the bank in respect of your credit account and enable

you to take action accordingly if there is any error in the reporting. Specific

measures have been provided in the CICRA for the consumer to raise a dispute

in respect of any wrong reporting with a time bound dispute resolution

mechanism that has been built in. You can take up the matter with the

concerned bank by posting a complaint on their website and keep proof of that

with you. If there is no response from the bank within 15 days, you can lodge a

complaint with banking ombudsman (www.bankingombudsman.rbi.org.in).

Company: CIBIL CREDIT REPORT
Country: India

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