4 easy steps to rectify mistakes in your CIBIL report

4 easy steps to rectify mistakes in your CIBIL report

Understand how to correct CIBIL score and perform CIBIL score correction by reviewing your report, rectifying errors, and updating information to maintain a healthy and accurate credit profile.
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Financial institutions and credit card providers routinely report your repayment history to CIBIL on a monthly or quarterly basis. This data is then used by CIBIL to update your credit score every three months. Although this process is designed to be transparent, occasional errors may still occur in your credit report. These mistakes can negatively impact your score, reducing your ability to secure an instant personal loan without collateral. Understanding how to correct CIBIL score through a systematic CIBIL score correction process is crucial to maintaining a strong and accurate credit profile.


Errors in your credit report can happen due to reasons such as data entry mistakes, incorrect information shared by lenders, duplicate loan records, or mismatches in personal details. To fix these issues, understanding the CIBIL correction process is essential. You can request a CIBIL correction online by following a simple step-by-step process that helps update and rectify inaccurate information in your credit report.

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4 simple steps to rectify errors in your CIBIL report

  • Step 1: Retrieve the CIBIL report

    Before you learn how to correct your CIBIL score or how to clear CIBIL problems, check the issue at its root. Start by downloading your latest credit report. You can buy your CIBIL credit report via a subscription plan.

  • Step 2: Check the report thoroughly to spot the problems

    To proceed with CIBIL rectification, you will have to check your CIBIL report with care. Begin by checking the status of your credit accounts. Here each account will have a tag next to it. In case you have settled your dues for a particular account, you will see a settled or closed tag. On the other hand, your ongoing debts will be earmarked as open. Spot incorrect entries to report them.

  • Step 3: Report problems to CIBIL

    To attempt a CIBIL score correction for better chances of getting a personal loan, you’ll need to initiate the dispute resolution process through the CIBIL portal. Simply follow the on-screen instructions to report your dispute, fill out the resolution form, and clearly mention the issues you want reviewed. Support your claim with valid evidence and submit the form along with the necessary documents. This process can help correct errors and improve your credit score, increasing your chances of personal loan approval. Check your eligibility for personal loan using just mobile number and OTP – 100% online process. 

  • Step 4: Wait for verification

    When you report your CIBIL issues, the agency is likely to respond to you within 30 days after investigating your assertions. In order to verify your claims, CIBIL may contact your lenders and you. After thorough verification and assessment, CIBIL authorities will initiate the necessary corrections and will rectify your report as per authentic data.

This way, your report is generated once more, and your credit score may improve. When you have a good score of 650 or higher, you can proceed to apply for any loan of your choice. For instance, with a good CIBIL score you can apply for a personal loan anytime you want. Here you can access competitive personal loan interest rates to meet your goals with ease. Moreover, you can enjoy faster sanction and disbursal of the loan basis an easy application process:


✅ Check your pre-approved loan offer with phone number and OTP → Apply online in 5 minutes → Receive funds within a day*.

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Tips to prevent CIBIL Score errors in future

  1. Regularly check your credit report to identify any discrepancies early.
  2. Pay all loans and credit card bills on time.
  3. Keep your personal information updated with lenders.
  4. Dispute any errors promptly through official correction channels.
  5. Maintain a healthy credit utilisation ratio.
  6. Monitor your credit profile periodically to ensure accuracy and reliability.
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Common errors leading to a wrong CIBIL score

  1. Missing EMIs or making late repayments, which directly affects your CIBIL score changes.
  2. High credit utilisation ratio, indicating over-dependence on credit.
  3. Paying only minimum amounts on credit cards, increasing interest and debt.
  4. Ignoring discrepancies in your CIBIL report, leading to inaccurate scores.
  5. Multiple loan or credit card applications in a short span.
  6. Perform CIBIL report correction promptly to maintain an accurate credit profile.
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Also check

How to Check CIBIL Score for Personal LoanPersonal Loan for CIBIL Score of 550 to 600Instant Personal Loan with Low CIBIL Score
Where to check your credit scoreHow to repay your loan fasterHow to get personal loan with low CIBIL score
How to Get Short Term Loan Without CIBIL ScoreHow do You Check Your CIBIL ScoreInstant Loans Without CIBIL Score from NBFC

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Key offerings: 3 loan types

  • Flexi Hybrid Term Loan
  • Flexi Term (Dropline) Loan
  • Term Loan

  • Withdraw and prepay – no extra charges
    You can withdraw from your limit and prepay as many times as you want, without extra charges.

  • Instalment pattern
    You can pay interest-only EMIs for up to 36 months, after which, the EMI will consist of both, the principal and the interest. EMI is applicable only on the withdrawn amount.

  • Flexi facility charges
    Flexi facility charges applicable based on your loan amount.

  • Withdraw and prepay – no extra charges
    You can withdraw from your limit and prepay as many times as you want, without extra charges.

  • Instalment pattern
    Fixed EMIs that cover both the principal and interest on the loan amount you withdraw.

  • Flexi facility charges
    Flexi facility charges applicable based on your loan amount.

  • Amount disbursed in one go
    The entire loan amount is disbursed at the start.

  • Instalment pattern
    Fixed EMIs that cover both the principal and interest.

  • Flexi facility charges
    No Flexi facility charges.

Personal loan interest rate and applicable charges

Type of fee

Applicable charges

Rate of interest per annum

10% to 30% p.a.

Processing fees

Up to 3.93% of the loan amount (inclusive of applicable taxes).

Flexi Facility Charge

Term Loan – Not applicable

Flexi Loans –Up To Rs 1,999 To Up To Rs 18,999/- (Inclusive Of Applicable Taxes)

Will be deducted upfront from loan amount.

Bounce charges

Rs. 700 to Rs. 1,200/- per bounce

“Bounce Charges” shall mean charges levied on each instance in the event of: (i) dishonour of any payment instrument irrespective of whether the customer subsequently makes the payment through an alternate mode or channel on the same day; and/or (ii) non-payment of instalment(s) on their respective due dates where any payment instrument is not registered/furnished; and/or (iii) rejection or failure of mandate registration by the customer’s bank.

Part-prepayment charges

Full Pre-payment:

• Term Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount as on the date of full pre-payment.
• Flexi Term (Dropline) Loan: Up to 4.72% (Inclusive of applicable taxes) of the Dropline limit as per the repayment schedule as on the date of full prepayment.
• Flexi Hybrid Term Loan: Up to 4.72% (Inclusive of applicable taxes) of the Dropline limit as per the repayment schedule as on the date of full prepayment.

Part-prepayment

• Up to 4.72% (Inclusive of applicable taxes) of the principal amount of Loan prepaid on the date of such part Pre-
• Not Applicable for Flexi Term (Dropline) Loan and Flexi Hybrid Term Loan.

Penal charge

Delay in payment of instalment(s) shall attract Penal Charge at the rate of up to 36% per annum per instalment from the respective due date until the date of receipt of the full instalment(s) amount.

Stamp duty (as per respective state)

Payable as per state laws and deducted upfront from loan amount.

Annual maintenance charges

Term Loan: Not applicable

Flexi Term (Dropline) Loan:

Up to 0.295% (Inclusive of applicable taxes) of the Dropline limit (as per the repayment schedule) on the date of levy of such charges.


Flexi Hybrid Term Loan:

Up to 0.472% (Inclusive Of Applicable Taxes) Of The Dropline Limit During Initial Tenure. Up to 0.472% (Inclusive Of Applicable Taxes) Of Dropline Limit During Subsequent Tenure

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