QUADFIN is not closing the loan account even after paying the full amount

Name of Complainant Nikhil Kumar
Date of ComplaintOctober 7, 2023
Name(s) of companies complained against
Category of complaint Banking
Permanent link of complaint Right click to copy link
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Text of Complaint by Nikhil Kumar:

My name is Nikhil. I took a loan of β‚Ή16,825 on 19/10/2022 and closed it on time. My account number is SL1784757. It is reflected in my CIBIL report as an open account and due to this, my CIBIL score is getting lower. QUADFIN is not closing the loan account even after the amount is paid.
Due to this, I can’t take a loan in an emergency.

Image Uploaded by Nikhil Kumar:

2 thoughts on “QUADFIN is not closing the loan account even after paying the full amount

  1. Hi,
    I have not taken loan but showing my CIBIL in written off and impacted my CIBIL score.

    Kindly look into this and help to how can resolve this fraud loan.

    Br//
    HIMANSHU SEKHAR DASH

    Account Information
    Member Name Account Type Account Number Ownership
    QUADFIN Consumer Loan SL1871115 Individual
    Account Details
    Occupation Others
    Income –
    Monthly / Annual Income Indicator –
    Net / Gross Income Indicator –
    >
    Credit Limit –
    Sanctioned Amount 15,000
    Current Balance 14,857
    Cash Limit –
    Amount Overdue 14,857
    Rate of Interest –
    Repayment Tenure –
    EMI Amount –
    Payment Frequency Monthly
    Actual Payment Amount –
    Date Opened / Disbursed 12/03/2022
    Date Closed –
    Date of Last Payment –
    Date Reported And Certified 31/01/2024
    Value of Collateral –
    Type of Collateral –
    Payment Status (up to 36 months)
    STD: Standard DBT:Doubtful ###: Number of
    days past due
    SMA:Special
    Mention account
    LSS:Loss XXX: Not Reported
    SUB:Substandard
    Suit – Filed / Willful Default –
    Credit Facility Status Written-off
    Written-off Amount (Total) 14,857
    Written-off Amount (Principal) 14,857
    Settlement Amount –
    Payment Start Date 01/03/2022
    Payment End Date 01/01/2024
    Jan 2024 666
    Dec 2023 619
    Nov 2023 604
    Oct 2023 574
    Sep 2023 543
    Aug 2023 513
    Jul 2023 466
    Jun 2023 451
    May 2023 421
    Apr 2023 390
    Mar 2023 360
    Feb 2023 329
    Jan 2023 301
    Dec 2022 270
    Nov 2022 239
    Oct 2022 209
    Sep 2022 178
    Aug 2022 148
    Jul 2022 117
    Jun 2022 87
    May 2022 58
    Apr 2022 26
    Mar 2022

    1. Can you please tell me i have a same issue jn my cibil with loan number SL609377 from quadfin

      Can you tell me the biller or banker name to select for repayment with loan number

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