Closed Loan Account Removal Query

[kev569]

Hello All,

Need some help on how to remove the closed loan account from Cibil.

I foreclosed the loan taken from CRED (by IDFC) in Nov 2024 but it is showing active in my Cibil. On cibil under the loan account is says "last updated by bureau on Jan 2025" and shows a payment made in Dec 2024 and Jan 2025.

Can anyone guide on how to remove the account?

Thank you in advance.

 

[Ram1]

U can't remove a account from cibil.
But u can change status from active to closed.
Email idfc and cred to mark it as closed it cibil, also attach latest cibil report

 

[kev569]

U can't remove a account from cibil.
But u can change status from active to closed.
Email idfc and cred to mark it as closed it cibil, also attach latest cibil report

Okay. Should I attach the NOC as well received from Cred?

 

[Ram1]

Okay. Should I attach the NOC as well received from Cred?

Yeah you can, mostly idfc will be responsible for marking it as closed.
Write a detailed email, attach supporting docs and send them

 

[kev569]

Yeah you can, mostly idfc will be responsible for marking it as closed.
Write a detailed email, attach supporting docs and send them

Okay cool. Thank you for your help!

 

[QamarImam]

Hello All,

Need some help on how to remove the closed loan account from Cibil.

I foreclosed the loan taken from CRED (by IDFC) in Nov 2024 but it is showing active in my Cibil. On cibil under the loan account is says "last updated by bureau on Jan 2025" and shows a payment made in Dec 2024 and Jan 2025.

Can anyone guide on how to remove the account?

Thank you in advance.

Can't remove account from CIBIL, but can change status from 'active' to 'closed'.

Email IDFC
Request to mark account as 'closed'.

Worked for me with IDFC in 15 days!

 

[kev569]

Can't remove account from CIBIL, but can change status from 'active' to 'closed'.

Email IDFC
Request to mark account as 'closed'.

Worked for me with IDFC in 15 days!

Yes, I am sending them an email requesting to mark the account as closed. By any chance, do you have an email ID you can share? Or just send it on their customer care email?

 

[Credit_Cards]

Hello All,

Need some help on how to remove the closed loan account from Cibil.

I foreclosed the loan taken from CRED (by IDFC) in Nov 2024 but it is showing active in my Cibil. On cibil under the loan account is says "last updated by bureau on Jan 2025" and shows a payment made in Dec 2024 and Jan 2025.

Can anyone guide on how to remove the account?

Thank you in advance.

It is because it's still active as BNPL type loan sanctioned for you, you can withdraw the amount in part or full aa loan and pay emi till then it will remain active with 0 over due or 0 actual liability.


If you want to close it in CIBIL this you have to write to idfc and get it closed permanently and they will issue NOC and with next update will be closed on CIBIL aa well and other credit reports.

 

[kev569]

It is because it's still active as BNPL type loan sanctioned for you, you can withdraw the amount in part or full aa loan and pay emi till then it will remain active with 0 over due or 0 actual liability.


If you want to close it in CIBIL this you have to write to idfc and get it closed permanently and they will issue NOC and with next update will be closed on CIBIL aa well and other credit reports.

Okay. Yes, that might be the case. And I already received the NOC from Cred within a week after foreclosing the loan so will attach that with the Cibil report and send it to IDFC for closing the account permanently.

Thank you.

 

[QamarImam]

Yes, I am sending them an email requesting to mark the account as closed. By any chance, do you have an email ID you can share? Or just send it on their customer care email?

Email : banker@idfcfirstbank.com

 

[kev569]

Email : banker@idfcfirstbank.com

Thank you .