Citibank Credit Card
If i settle the credit card balance, will CIBIL list go off

Hi,

I am a defaulter of Citibank credit card for Rs. 16, 000/- from last 2 years and they have sent me the letter that they have decleared my account as NPA (Non Performing Assets) as per the rules of RBI.

I have applied for 2 wheeler loan and it has been rejected because of CIBIL check.

Now i want to maintain the good credit score and wants to clear off the Citibank Credit card dues.

My question is if i pay the Citibank Credit Card settlement amount of Rs. 8, 000/- (50% of the total credit used by me), will my name be taken out of CIBIL.

if yes, how many months would it take.

If No, then there is no use of paying Rs. 8, 000/- to Citibank.

Kindly advise.

Thanks & regards,

Prakash Kumar

9963088875

Company: Citibank Credit Card
Country: India

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