I had taken education loan from State bank of Indore on 18-9-2009. In 21 Aug 2010 State bank of Indore merged into State Bank of India. I purchased my CIBIL report on 24-04-2013 and found that It contains my loan record split under the headers State bank of Indore and State bank of India. However under the state bank of Indore header “RESTRUCTURED LOAN” is mentioned next to WRITTEN OFF STATUS. There has been no case of any restructuring other than the account now being handled by state bank of India which is not on my part. So why this status is there and what does it signify.
I am paying my dues on time each month to SBI which is updated correctly under State bank of India header.
Thanks a lot a advance.