Hello All,
I had a credit card from SBI which issued to me on 14-July-2006. Because of some reason, dues accumulated and then I paid the whole amount on 28-december-2011. Now, there is no overdues at my end. But my status in CIBIL is still Written Off. I went directly to SBI bank and they asked me to submit a demand draft to CIBIL , as per them, CIBIL will ask the confirmation to SBI and then SBI will generate NOC and then my name will be remove from CIBIL defaulter list. I had a doubt about that procedure, is that procedure right?
How can I make my status blank? I am a software professional, with almost no knowledge about banking and finance. Please help me.
Regards,
Sandeep