Multiple hard Inquiry by same bank

[Dr. Drake]

Hi, I'm not the person who regularly monitors the CIBIL score. However, I did apply for Personal loan with few individual bank & through Paisabazaar. As I was checking my credit report today I saw, IDFC bank made two Inquiries one for personal & other by consumer loan(Which I never applied for) on same day.

Another was Bajaj which made Personal, consumer loan & other, 3 Hard query in 3 days (Note - I only applied for Personal loan here). Worst was Bank bazaar which on my behalf made 4 Hard Inquiries with 4 different bank (although I gave consent only to 2 banks on the phone).

@TechnoFino is there any way I can remove this queries from my CIBIL? I guess all this was done in the April. Any guidelines will be helpful?

 

[hriday.haria]

Hi, I'm not the person who regularly monitors the CIBIL score. However, I did apply for Personal loan with few individual bank & through Paisabazaar. As I was checking my credit report today I saw, IDFC bank made two Inquiries one for personal & other by consumer loan(Which I never applied for) on same day.

Another was Bajaj which made Personal, consumer loan & other, 3 Hard query in 3 days (Note - I only applied for Personal loan here). Worst was Bank bazaar which on my behalf made 4 Hard Inquiries with 4 different bank (although I gave consent only to 2 banks on the phone).

@TechnoFino is there any way I can remove this queries from my CIBIL? I guess all this was done in the April. Any guidelines will be helpful?

No, mostly there is no way to remove these enquiries.
Only way is if you have extra strong evidence and confidence 😛
Most likely somewhere or the other, you end up giving consent by clicking "I accept terms and conditions" for them to check your CIBIL especially on apps like BankBazaar, Bajaj, PaisaBazaar, etc

 

[TechnoFino]

Hi, I'm not the person who regularly monitors the CIBIL score. However, I did apply for Personal loan with few individual bank & through Paisabazaar. As I was checking my credit report today I saw, IDFC bank made two Inquiries one for personal & other by consumer loan(Which I never applied for) on same day.

Another was Bajaj which made Personal, consumer loan & other, 3 Hard query in 3 days (Note - I only applied for Personal loan here). Worst was Bank bazaar which on my behalf made 4 Hard Inquiries with 4 different bank (although I gave consent only to 2 banks on the phone).

@TechnoFino is there any way I can remove this queries from my CIBIL? I guess all this was done in the April. Any guidelines will be helpful?

try contacting each bank and request them to remove enquiry... it's not easy...

 

[Dr. Drake]

No, mostly there is no way to remove these enquiries.
Only way is if you have extra strong evidence and confidence 😛
Most likely somewhere or the other, you end up giving consent by clicking "I accept terms and conditions" for them to check your CIBIL especially on apps like BankBazaar, Bajaj, PaisaBazaar, etc

This is pretty sad there are inquires for 5k,10K INR from this institutions which is pretty sad not sure how to approach them. It dropped my cibil from 786(last checked in March) to 732(Checked yesterday).

 

[Dr. Drake]

try contacting each bank and request them to remove enquiry... it's not easy...

Do we have a consolidated email/phones for this too similar to the one you shared for credit cards

 

[hriday.haria]

Do we have a consolidated email/phones for this too similar to the one you shared for credit cards

It is consolidated data by RBI ... You will find all the information or contacts w.r.t emails/phones for each Bank on below Link:

Reserve Bank of India - Complaints

1. Click the above URL
2. Choose your Entity -> Bank, NBFC , Prepaid Payment Instruments (PPI)
3. Find the Bank/NBFC/Entity from the list and click on it if link, or you will get the details there


Please check post below which has Screenshots for reference

 

[hriday.haria]

 

[ashwink]

Sad to see fintech companies doing really worst for getting little commission 😡

 

[Dr. Drake]

Thanks looks pretty helpful will try my luck

 

[hriday.haria]

Thanks looks pretty helpful will try my luck

Yes please do. And let us know in case of any progress or updates.
Cheers.

 

[TechnoFino]

Do we have a consolidated email/phones for this too similar to the one you shared for credit cards

same department, you can email to the same email ids

 

[Rashya]

Hi, I'm not the person who regularly monitors the CIBIL score. However, I did apply for Personal loan with few individual bank & through Paisabazaar. As I was checking my credit report today I saw, IDFC bank made two Inquiries one for personal & other by consumer loan(Which I never applied for) on same day.

Another was Bajaj which made Personal, consumer loan & other, 3 Hard query in 3 days (Note - I only applied for Personal loan here). Worst was Bank bazaar which on my behalf made 4 Hard Inquiries with 4 different bank (although I gave consent only to 2 banks on the phone).

@TechnoFino is there any way I can remove this queries from my CIBIL? I guess all this was done in the April. Any guidelines will be helpful?

Same happened to me with Equitas bank. Instead of one hard enquiry, they made 2 enquiry for a loan application. Try contacting their grievance team, I had recently removed one of the hard enquiries from CIBIL. You can atleast remove one of the enquiries, if multiple enquiries are done by same bank

 

[vak93]

In july i applied of hdfc bank though website and there was some outage so i tried multiple times. Now i saw 3 hard enquires by them of Rs 1000. I hope this will have low impact in future say after 6 month or it will impact my score for longer duration? it reduced for 796 to 780 @TechnoFino or of anyone is aware about such multiple hard and its impact .TIA

 

[TechnoFino]

In july i applied of hdfc bank though website and there was some outage so i tried multiple times. Now i saw 3 hard enquires by them of Rs 1000. I hope this will have low impact in future say after 6 month or it will impact my score for longer duration? it reduced for 796 to 780 @TechnoFino or of anyone is aware about such multiple hard and its impact .TIA

just email HDFC Bank and ask them to remove duplicate enquiries. Normally it doesn't impact your score much... but depends on many factors like how many credit accounts you have, total due, etc.

 

[KeytoKrishna]

Hi, I'm not the person who regularly monitors the CIBIL score. However, I did apply for Personal loan with few individual bank & through Paisabazaar. As I was checking my credit report today I saw, IDFC bank made two Inquiries one for personal & other by consumer loan(Which I never applied for) on same day.

Another was Bajaj which made Personal, consumer loan & other, 3 Hard query in 3 days (Note - I only applied for Personal loan here). Worst was Bank bazaar which on my behalf made 4 Hard Inquiries with 4 different bank (although I gave consent only to 2 banks on the phone).

@TechnoFino is there any way I can remove this queries from my CIBIL? I guess all this was done in the April. Any guidelines will be helpful?

You always can raise a dispute with CIBIL ,If you have CIBIL subscription (not from One card, other third party apps)Banks always deny and don't respond - RBI should made a law - only unless customer authenticates OTP through with that particular application, then only it should reflect in the CIBIL. We must fight with Banks and CIBIL - If its a genuine fetch.