Naskar Financial Services

Naskar Financial Services Naskar Financial Services is one stop financial solution shop. We provide loan services as well as i We offer home loan for all types of customers.

We, Naskar Financial services are engaged in offering home loan services. We are associated with most of the reputed bank and NBFC in India. We provide free advice to home loan buyer. We recommend and arrange best suitable home loan for you. Our consultants can provide doorstep services. You may not have enough time to reach bank and collect your required information or Bank manger does not have e

nough time to give answer all your home loan queries. Still, you are worried to take help from DSA, Agent or associates because of cheating and unethical people. Here, Naskar Financial Services is the solution. You can trust our consultants. We do not take commission from customer. Feel free to contact our help line +91 9830826104 or visit us www.naskarfinserv.in

Free Equifax report analysis!To get more information contact us: 9674753222/ 9674754222
27/08/2026

Free Equifax report analysis!

To get more information contact us: 9674753222/ 9674754222

What does Post Write Off Closed Status mean in CIBIL Report? You paid an old written-off loan in full, expecting your CI...
25/08/2026

What does Post Write Off Closed Status mean in CIBIL Report?

You paid an old written-off loan in full, expecting your CIBIL Report to finally show “Closed.” But instead, you see a new status “Post Write Off Closed.” Should you be worried? The answer lies in understanding why this status was introduced and what it says about your credit history.

What is Post Write Off Closed?

Post Write Off Closed is a credit facility status introduced under the RBI’s updated credit reporting framework. It is used when a lender has previously written off a loan/account, but the borrower subsequently pays the dues in full and the account is closed. The RBI’s reporting format specifically includes “Post Write Off Closed” as an account status.

In simple words, the status tells future lenders two things:
• The account was written off in the past.
• The borrower later cleared the outstanding dues and closed the account.

Why Was This Status Introduced?

Earlier, after a borrower completely repaid a written-off account, the reporting treatment could make the old write-off history less clear. The updated system creates a separate status so that credit bureaus can accurately reflect both the past write-off and subsequent repayment.
Therefore, seeing “Post Write Off Closed” does not mean that you still owe money if the account shows zero outstanding and has been properly closed.

Does It Affect Your CIBIL Score?

The account's previous payment history and write-off remain part of your credit history. So, although paying the dues is a positive step, Post Write-Off Closed should not be confused with a normal “Closed” account.

If you have completely repaid the written-off amount, keep your payment proof and NOC/closure documents. Also check your CIBIL Report carefully to ensure the current balance and overdue amount are correctly reported as zero.

Most importantly, don't panic when you see this status. It means the written-off account has been closed after repayment—not that your debt is still outstanding.

If this information helped you understand Post Write Off Closed Status, give this post a 👍 Like, share your thoughts in the Comments, and Share it with someone who may need it.

For more useful credit and CIBIL updates, follow our page. For personalised advice, feel free to DM us directly.

Happy Independence Day to all our customers, associates, staff, bank managers and friends.
15/08/2026

Happy Independence Day to all our customers, associates, staff, bank managers and friends.

What are STD, DPD, SMA, SUB, DBT and LSS in a CIBIL Report?Ever checked your CIBIL Report and wondered what those strang...
11/08/2026

What are STD, DPD, SMA, SUB, DBT and LSS in a CIBIL Report?

Ever checked your CIBIL Report and wondered what those strange codes next to your loan actually mean? Terms like STD, DPD, SMA, SUB, DBT and LSS may look confusing at first, but they can reveal important details about your repayment behaviour. Understanding these codes can help you identify potential issues and take action before they affect your future borrowing opportunities.

1. STD: Standard

STD means Standard. It generally indicates that the loan account is performing normally and payments are being made as expected. It is not a negative repayment classification. However, STD does not mean that you have never made a late payment. The specific repayment history should still be checked carefully.

2. DPD: Days Past Due

DPD stands for Days Past Due. It indicates how many days a payment remained overdue. For example, 30 DPD means a payment was overdue by 30 days, while 60 DPD indicates a delay of around 60 days.
A DPD entry can be a warning sign for lenders, particularly when delays are frequent or continue for longer periods.

3. SMA: Special Mention Account
SMA means Special Mention Account. It is generally used to highlight an account showing early signs of financial stress before it becomes a non-performing asset. Depending on the reporting category, SMA classifications can indicate that the borrower is experiencing repayment difficulties.

4. SUB: Substandard
SUB means Substandard. It generally refers to an account that has remained in the non performing category for a specified period and is showing significant repayment problems.
This classification can make lenders more cautious when assessing a future loan application.

5. DBT: Doubtful
DBT means Doubtful. It indicates a more serious level of repayment concern. An account may be classified as doubtful when it has remained in the substandard category for the applicable period.
For lenders, this classification suggests that recovering the outstanding amount may be uncertain.

6. LSS: Loss
LSS means Loss. This is one of the most serious classifications. It generally indicates that the lender considers the outstanding amount to have very low or no realistic recovery value, although the account may not necessarily have been completely written off.
Why Do These Codes Matter?

These classifications can give lenders insight into how responsibly a borrower has managed credit. A history showing repeated delays or serious adverse classifications may reduce the chances of getting loans or credit cards on favourable terms.

If you find an incorrect classification in your CIBIL Report, do not simply ignore it. Check the underlying account details and contact the concerned lender or raise a dispute with the credit bureau where appropriate.

Your CIBIL Report is more than just a three-digit score. Sometimes, a few letters can tell the bigger story about your credit history.

How to Check Free CIBIL Score Online?What if I told you that one number could decide whether your loan gets approved or ...
05/08/2026

How to Check Free CIBIL Score Online?

What if I told you that one number could decide whether your loan gets approved or rejected? Before you apply for a home loan, personal loan, or even a credit card, there's one thing you should check first—your CIBIL Score.

The good news is that you don't have to pay to know where you stand. You can check your CIBIL Score online for free in just a few minutes. Let's see how.

Your CIBIL Score is a three-digit number ranging from 300 to 900, and it reflects your creditworthiness based on your borrowing and repayment history. Generally, a score of 750 or above is considered good by most lenders.

Regularly checking your score helps you identify errors, track your financial health, and prepare yourself before applying for any loan.

Steps to Check Your Free CIBIL Score Online
1. Visit the official TransUnion CIBIL website.
2. Click on the option to Get Your Free CIBIL Score.
3. Register using your mobile number and email ID.
4. Enter your personal details, such as your name, date of birth, PAN number, and address.
5. Complete the identity verification process using the OTP sent to your registered mobile number.
6. Once verified, your CIBIL Score and credit summary will be displayed on the screen.
The entire process usually takes only a few minutes.

Why Should You Check Your CIBIL Score Regularly?

Many people check their credit score only when they need a loan.

However, reviewing it periodically offers several advantages:
• Detect incorrect loan or credit card entries.
• Identify unauthorised or fraudulent accounts.
• Monitor improvements after repaying loans.
• Understand the factors affecting your score.
• Improve your chances of getting faster loan approvals.
Is Checking Your CIBIL Score Free?

Yes. Every consumer in India is entitled to access one free credit report from each credit bureau every year. Apart from TransUnion CIBIL, you can also check your credit report from Experian, Equifax, and CRIF High Mark through their respective official platforms.
If you found this helpful, don't forget to Like, Comment, and Share this post to help others stay financially informed.

Follow our page for more useful tips on CIBIL Score, credit reports, and loans. Need personalised guidance? Feel free to DM us anytime!

What is the Difference Between Loan Restructuring, Settlement, Write-off, and Loan Closure, and How Do They Affect My Cr...
30/07/2026

What is the Difference Between Loan Restructuring, Settlement, Write-off, and Loan Closure, and How Do They Affect My Credit Score?

Have you ever thought that all loan endings are the same? Many borrowers believe that once a loan is no longer active, it has no impact on their credit history. The reality is quite different.

The way your loan ends can either strengthen your credit profile or create long-lasting challenges when you apply for future loans or credit cards. Understanding the difference between loan restructuring, settlement, write-off, and loan closure can help you make smarter financial decisions.

Loan Restructuring:

Loan restructuring is an arrangement where the lender modifies your loan terms because you are facing temporary financial difficulties. This may include extending the repayment period, reducing the EMI, or providing a temporary payment break.

While restructuring can help you avoid default, it may be reported in your credit report. Although it is generally better than missing payments, some lenders may still view a restructured loan as a sign of financial stress.

Loan Settlement:

Loan settlement happens when you negotiate with the lender to pay only a portion of the outstanding loan amount, and the remaining balance is waived.

While this may provide immediate financial relief, it can seriously affect your credit score. A settled account tells future lenders that the loan was not repaid in full, making it more difficult to get new credit at favorable terms.

Loan Write-Off:

A write-off occurs when the lender removes a long-overdue loan from its active financial records for accounting purposes. However, this does not mean the debt has been forgiven.

The lender can continue recovery efforts or assign the account to a collection agency. A write-off entry has a significant negative impact on your credit score and can remain on your credit report for several years.

Loan Closure:

Loan closure is the most positive outcome. It means you have repaid the entire loan, including all applicable interest and charges, according to the agreed terms.

A closed loan demonstrates responsible borrowing behaviour and helps maintain a healthy credit profile. Always collect the loan closure letter and No Objection Certificate from the lender after the final payment.

Final Thoughts:

Among these four outcomes, loan closure is the most beneficial for your credit score. Loan restructuring may have a limited impact but is still preferable to default.

Loan settlement and write-off can significantly damage your credit profile and reduce your chances of obtaining future loans. Before choosing any option, understand its long-term consequences and consult your lender to make the best financial decision.

If you found this information helpful, don't forget to Like, Comment, and Share this post with others who may benefit. Follow our page for more useful tips on credit scores and loans. Need personalised guidance? Feel free to DM us directly. We're here to help!

30/07/2026

How Do Credit Repair Agencies Help in India?

• Review your credit report and identify errors, duplicate accounts, or incorrect payment records.
• Help you raise disputes with credit bureaus and lenders to correct inaccurate information.
• Guide you on improving your CIBIL score through responsible repayment habits and credit management.
• Explain the impact of settlements, write-offs, late payments, and loan restructuring on your credit profile.
• Suggest practical steps to reduce credit utilisation and maintain a healthy repayment history.
• Provide personalised strategies to rebuild your credit profile, improving your chances of getting loans and credit cards in the future.

16/07/2026

How can I remove incorrect late payment entries from my CIBIL report?

Incorrect late payment entries can hurt your CIBIL score, but you can get them corrected if they are reported by mistake.
• Download your latest CIBIL report and identify the incorrect late payment.
• Gather supporting documents such as bank statements, payment receipts, or transaction records.
• Raise a dispute through the official CIBIL portal with clear details of the error.
• Inform the concerned bank or lender and request them to verify and update the correct information.
• Track your dispute regularly until it is resolved.
Once verified, the incorrect late payment remark will be removed or corrected in your CIBIL report.

How much time does it take for CIBIL to be updated after a dispute?After raising a dispute in a TransUnion CIBIL portal,...
10/07/2026

How much time does it take for CIBIL to be updated after a dispute?

After raising a dispute in a TransUnion CIBIL portal, the time taken for your CIBIL report to be updated typically ranges between 7 to 30 days, depending on the nature and complexity of the problem.

Once a dispute is submitted on the CIBIL portal, CIBIL forwards it to the concerned lender (such as a bank or NBFC) for verification purposes. The lender is responsible for reviewing the claim and providing the correct information. This verification stage is usually the most time-consuming part.

If the lender responds quickly and the discrepancy is straightforward (for example, a wrongly reported late payment), the update may be reflected within a few days. However, more complex disputes—such as account ownership issues or multiple reporting errors—can take more time to resolve the problem.

It’s important to note that CIBIL itself does not rectify data independently; it only updates records based on the lender’s confirmation. After the lender submits corrected data, CIBIL updates your credit report within the next refresh cycle.

During this period, you can track the dispute status through the CIBIL portal. If there is no response from the lender within the Specific time, CIBIL may send reminders, but delays can still occur.

To ensure faster resolution, always provide accurate details and supporting documents when raising a dispute. In summary, while minor corrections may reflect quickly, you should generally expect up to 30 days for your CIBIL report to be fully updated after raising a dispute.

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