NPA, or Non-Performing Asset, refers to a loan account that’s classified as bad debt by the lender. This can negatively impact your CIBIL score. There is no direct way to remove an NPA from your CIBIL report, but here’s what you can do:
Pay off the outstanding dues: Completely repaying the debt is the most crucial step. Once the full amount is settled, approach the lender and request a No-Objection Certificate (NOC) mentioning the closure of the NPA account.
Dispute inaccuracies: If the NPA status reflects incorrectly due to a reporting error, you can raise a dispute with CIBIL. They’ll investigate and rectify the report if an error is found.
Time heals (partially): Even after resolving the NPA, it will remain on your report for up to seven years. However, as time passes and you maintain a good credit history with on-time payments, the NPA will have a lesser impact on your overall credit score.
Here are some resources that you might find helpful:
CIBIL FAQs on Loan Rejections and Disputes:
How to Remove Name from CIBIL Defaulter List:
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