Legal Question in Banking Law in India

Name in Defaulter List

I had taken a credit card from a Bank before One year, due to some problem I am not paying the debt from last seven month.

And when I apply for a Personal loan before two weeks then I found that bank added my name in civil defaulter list.

My question is that if I pay the whole amount now, then my name will removed or not from defaulter list.


Asked on 4/24/09, 7:42 am

5 Answers from Attorneys

J. Radhakrishnan independent Practice

Re: Name in Defaulter List

if you pay up your outstanding loan, your name will be removed from the defaulter's list.

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Answered on 4/24/09, 10:04 pm
Fahri Toga TOGA//OKSUZ

Re: Name in Defaulter List

We think that we can help you to solve your affairs forthwith, please send us your documents or write an detailed e-mail in order to notify the circumstance. We checked over the documents thereafter, we will return your added phone number,e-mail or address,as soon as.

Contact ;

Address : WORLD TRADE CENTER,B1 BLOCK,15th FLOOR, YEŞİLK�Y/İSTANBUL,TURKEY

Phone : +90 212 465 65 42

Fax : +90 212 465 70 08

Web : www.wlfenternasyonel.com

e-mail : [email protected]

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Answered on 4/25/09, 5:01 am
Pranav Desai PD Legal & Associates

Re: Name in Defaulter List

Yes, after bank intimates CIBIL

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Answered on 4/25/09, 7:39 am
Rajneesh Malhotra Malhotra Advocates

Re: Name in Defaulter List

When you pay the complete amount plese attach a letter stating that you are making the payment and the credit card company should write to CIBIL to get your name removed from the defaulters list.

If the company does not do that in reasonable time, you have the remedy of moving to the Consumer Court for direction to them.

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Answered on 4/24/09, 11:09 am
Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Re: Name in Defaulter List

If you make payment and clear the outstandings, your name may not find place in list of defaulters.

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Answered on 4/24/09, 1:53 pm


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