What is meant by CIBIL Masking?

POSTED BY sree kumar ON March 15, 2013 5:41 pm COMMENTS (4)

Can someone explain me what is the meaning of CIBIL masking. I was checking my CIBIL report recently and wanted to understand this term ?

4 replies on this article “What is meant by CIBIL Masking?”

  1. Nishant says:

    Hi , i wad approcahed by axis bank in 2010 that i had a credit card on my name si ce 2006 n there were some amount due … the principle as per them was 7k and total was 41k .. i fought for the card raised complains but nothing happened . Finally i had to pay the entire amount of 41k and axis bank promised that it will not affect my cibil now Cz i did not settle the account. Today in 2016 when i check my cibil scorw then it says WO with axis bank and due to which my scores are low. I contacted axis bank and they are asking me to pay 2 lakhs .. i asked them why n the reason but they are just saying its cibil masking money and i have to pay… please suggest what am i supposed to do.

    1. Jagoinvestor Admin says:

      Hi Nishant

      This is very specific query which you should follow up with the concerned authority only. We wont be able to comment on that


  2. Dear Sree, the CIBIL Masking stands for clearing the old credit histories by paying past dues to your various outstanding loans. Here first you contact your lender, pay the old dues. Get NOC & No dues from the lender & ask there for updation of your record into CIBIL & at thge same time, you contact CIBIL to correct the status for past mistakes. CIBIL ‘ll check with the lenders & after getting the confirmation, ‘ll remove the settled or write off status from your report & then ‘ll update your credit score also.



    1. dinesh says:

      how many days does this process usually take along with updating of my cibil score

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