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Written by the Omozing Credit Team · Reviewed for accuracy by our credit and compliance team · Updated October 2026
Overdue loans move through stages. Lenders track how many days past due (DPD) an EMI is, and classify the account as SMA-0, SMA-1 or SMA-2 as the days add up. After 90 days it becomes a non-performing asset (NPA). Each stage makes the next lender more cautious, and a reported default stays visible for years.
Simplified. The rules require notice before a default is reported, but don’t rely on it as your first warning: overdue days usually reach your report from the next reporting date.
Lenders typically send it by SMS, email or letter to the contact details on your loan account. Treat it as the last practical window to protect your report.
A lender that reports a default without notifying you has not followed the process, and you can complain. Be clear about what that complaint can achieve. If the overdue is real, the data on your report may still be accurate, and accurate information can’t be removed. What you can ask for is a correction of anything wrong, a fair look at your situation, and a response on the missing notice.
State the account, the date the default was reported, and that you received no notice. Ask for a copy of any notice they say they sent, with the address or number used.
If the amount, dates or status are wrong, raise a bureau dispute. It must be resolved within 30 days, or you are owed ₹100 a day. How to dispute.
If the lender doesn’t reply in 30 days, or you’re unhappy with the reply, file at cms.rbi.org.in within 90 days. It covers banks, NBFCs with assets of ₹100 crore or more, and credit bureaus. How the Ombudsman works.
| Notice before default reporting | Wilful-defaulter show-cause notice | |
|---|---|---|
| Who gets it | Any borrower whose default is about to be reported | A borrower or guarantor with ₹25 lakh or more outstanding who is suspected of not paying despite being able to |
| Time to respond | Act before the reporting date in the notice | 21 days, followed by a review committee |
| Applies to salaried people who simply can’t pay? | Yes | No |
An ordinary default is serious but recoverable. Read what “wilful defaulter” really means, and how long rebuilding takes.
If several costly app loans are the problem, SmartSwitch can bring them into one Omozing loan with one EMI.
Job-loss runway: See how many months your savings would last and which EMIs to protect first.
Yes. RBI’s credit-reporting rules require lenders to notify you before reporting a default to a credit bureau.
It can. Overdue days are usually reported at the next reporting date, and lenders now report four times a month.
A missing notice is a valid complaint about the lender’s process, but accurate default information isn’t removed because of it. Wrong details can be corrected.
Usually by SMS, email or letter to the contact details on your loan account, so keep them up to date.
After 30 days without a reply, or if you’re unhappy with it, file with the RBI Integrated Ombudsman at cms.rbi.org.in within 90 days.
Next questions people ask:
Omozing is the digital lending brand of Aparampaar Finance Private Limited, an RBI-registered non-deposit-taking NBFC. Loans are subject to credit assessment. See our regulatory disclosures and grievance redressal process.