A CIBIL Score is crucial for your financial health, influencing everything from loan approvals to credit card issuances. One key element that affects this score is your credit report, which contains all your credit activity. If you’ve noticed an incorrect name due to a name change (e.g., due to marriage, divorce, or any legal reason), it’s important to correct it immediately. Here’s a simple, step-by-step process to get your name updated in your CIBIL report.

1. Verify the Incorrect Information

· What to Do: Before proceeding, ensure that your name is indeed incorrect in your credit report. Compare it with your official documents (Aadhaar card, passport, etc.).

· Why It’s Important: Incorrect name discrepancies can cause issues in loan or credit card applications. It’s best to address them early.

2. Obtain a Copy of Your CIBIL Report

· What to Do: You can get your CIBIL report for free once a year. Visit the official CIBIL website and request a report to check the incorrect name.

· Why It’s Important: You need to have an official copy of the report to formally request a change with the credit bureau.

3. Gather Proof of Name Change

· What to Do: Ensure you have valid documents supporting your name change, such as:

o marriage certificate

o Divorce decree (in case of divorce)

o government gazette notification (for legal name change)

o Updated passport, Aadhaar card, or voter ID with the new name

· Why It’s Important: These documents serve as proof that the name change is legal and legitimate.

4. Raise a Dispute with CIBIL

· What to Do: Once you have your CIBIL report and supporting documents, you can raise a dispute directly on the CIBIL website:

o Log in to your account (or create one if you don’t have it yet).

o Locate the Dispute Resolution section.

o Choose the incorrect name field and upload the supporting documents.

o Submit the dispute for verification.

· Why It’s Important: Raising a dispute allows CIBIL to verify your new details and update your report accordingly.

5. Wait for CIBIL’s Verification and Update

· What to Do: After submitting the dispute, CIBIL will typically take 30–45 days to resolve the issue. They will notify you once the correction is made.

· Why It’s Important: Credit bureaus need time to verify the change with the necessary agencies before making updates. Be patient and follow up if necessary.

6. Check Updated Credit Report

· What to Do: After the update, download a new copy of your CIBIL report to verify that the name has been corrected.

· Why It’s Important: Make sure the correction is accurately reflected. If the problem persists, you can follow up with CIBIL for further clarification.

Additional Tips:

· In case of multiple credit bureaus: You should also verify and update your name with other credit bureaus like Experian, Equifax, and CRIF High Mark if the name issue persists there as well.

· Keep your documents handy: Always ensure your official documents are up-to-date with your current name.

Why It’s Important to Fix Your Name in the CIBIL Report

A mismatch in your name could cause problems when:

· Applying for loans or credit cards.

· Getting your credit score evaluated.

· Processing credit applications or financial verification.

By following these steps, you’ll ensure that your CIBIL Score is based on accurate information, enhancing your chances of financial success.

Disclaimer:

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk.