RBI-registered NBFC · CoR B-10.00243 · CIN U65993RJ2015PTC048754

Credit Information Companies (Regulation) Act, 2005 and RBI directions on submission and use of credit information

Credit reporting

Matsya Fincap Private Limited is a credit institution for the purposes of the Credit Information Companies (Regulation) Act, 2005. Consent is taken before a bureau enquiry. New accounts, monthly performance and closures are reported to CICs. A declined application may be reported as an enquiry. The borrower may obtain their own credit information from any CIC and dispute inaccuracies.

Companies we report to

  • TransUnion CIBIL
  • Experian
  • Equifax
  • CRIF High Mark

What is reported

  • Bureau enquiry when your application is appraised (with consent on the form).
  • New loan account after disbursal — amount, tenure, ownership.
  • Monthly performance — on time, delayed, or written off, as applicable.
  • Closure when the loan is repaid in full.
  • A declined application may appear as an enquiry, not as a loan.

Your rights

You may obtain your own credit information from any CIC and dispute inaccuracies with that CIC and with us at grievance@matsyafincap.com. We will correct our reporting where the error is ours.

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