Found a discrepancy in your CIBIL MFI Report?
If you notice any issue in your CIBIL MFI Report, it could be due to incorrect or outdated information shared by your lenders. CIBIL works directly with lenders to fix these discrepancies and update your report. You can raise a request to correct the details and ensure your CIBIL MFI Report is accurate.
How can you fix discrepancies in your CIBIL MFI Report?
How to get your CIBIL MFI Report ?
Here’s what happens once you raise a dispute:
Important Points to Note
- As per the Credit Information Companies (Regulation) Act 2005, no correction, deletion or addition to any information in the database can be made by CIBIL without confirmation from the concerned bank/financial institution.
- As per the RBI Guidelines, the onus of providing accurate details will lie with the complainant and the banks/financial institution and or CIBIL will not be held responsible for any incorrect information provided by the complainant
- Any dispute is to be resolved within 30 days from date of receipt by CIBIL or banks/financial institutions as per RBI. Compensation pertains to delays in dispute resolution and is not applicable to any other services provided by CIBIL.
- Dispute Resolution is a FREE service offered by CIBIL. Consumers are not required to pay a fee for rectifying discrepancies or updating their credit information.
