How To Identify And Resolve Errors In The Cibil Report?

The RBI has ordered that CIBIL and other credit rating firms disclose free credit ratings to anybody at least once a year. Applicants can also subscribe to get their credit scores on an annual, half-yearly, quarterly, or monthly basis. Bajaj Finserv also allows you to view your credit report.

When you get a credit report with credit scores, you will receive a comprehensive list of all credit-related transactions for the time being. The credit report may contain inaccuracies or false entries that might harm a person’s credit score. These credit reports must thus be carefully scrutinized to ensure that the person’s credit score is not harmed.

Some possible errors include Incorrect personal details, Duplication of the account, incorrect overdue amount, incorrect balance, outstanding loan, and non-updating of the current balance.

Another simple approach to determine your CIBIL score is to present your pan card, which serves as identification. You can check your cibil score by pan card.

Correcting inaccuracies on the CIBIL report begins with identifying an issue and registering a dispute with the credit rating bureau. The measures to correct any inaccuracies on the CIBIL report are listed below.

The first step is to visit the Bajaj Finserv website and fill out an official online dispute form.

When filling up such an online form, the applicant must give all essential information, such as the facts of the erroneous or fraudulent entry in the free cibil score report and personal information. Applicants must verify that all such information is genuine and correct.

The dispute application or request will be submitted to the relevant lender or bank to verify the applicant’s claim after it has been successfully filed.

The lender will verify the applicant’s claim, and if the allegation of mistakes is validated, CIBIL will be alerted. CIBIL will then include such modifications into the credit report and provide the applicant with an updated version. The applicant will be alerted through email of any modifications or corrections to their credit report.

Bajaj Finserv sends credit reports to applicants regularly, and you can easily check cibil score free by pan card. These reports, however, may contain inaccuracies or false entries. These entries must be repaired or rectified to guarantee that the person’s credit score is not harmed.