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Omozing Answers › Your rights
Written by the Omozing Credit Team · Reviewed for accuracy by our credit and compliance team · Updated October 2026
Milestones are evenly spaced for readability, not drawn to scale. The arrow shows the direction of time.
| Change | What it means | What to do |
|---|---|---|
| Reporting four times a month (from 1 July 2026) | A closed loan or cleared overdue shows on your report sooner; so does a missed EMI | Wait one to two weeks after a fix before you apply. Keep a buffer so EMIs never bounce. How updates work |
| Integrated Ombudsman Scheme 2026 (from 1 July 2026) | One free route for complaints against commercial banks, NBFCs with assets of ₹100 crore or more, non-bank PPI issuers and credit bureaus | Complain to the entity first; escalate if there’s no reply in 30 days or you’re unhappy, within 90 days |
| 30-day disputes with compensation (since 26 April 2024) | ₹100 for each calendar day of delay, paid within 5 working days of resolution by whoever caused it | Note the date you raise every dispute. Claiming compensation |
| Alerts when your report is accessed | An SMS or email tells you a lender has pulled your file | Read them. An alert you didn’t expect is an early warning of identity misuse |
| Notice before default reporting | Lenders must notify you before reporting a default | Don’t ignore lender messages; act on a notice before the account is reported |
File at cms.rbi.org.in or by email to crpc@rbi.org.in. Complaints filed before 1 July 2026 continue under the 2021 scheme. Step-by-step help: where to complain if your report isn’t fixed.
Faster reporting doesn’t wipe history. Bureaus hold at least seven years of loan history, and true negative entries remain visible for years, weighing less as they age.
Nobody can remove accurate negative information for a fee. Errors are corrected free. About paid “repair”.
You still get one free full report from each of the four bureaus every calendar year. How to get it.
Looking at your own score is a soft enquiry with no effect, however often you check.
The 2026 rules make fixes show faster. Start with a free dispute, resolved within 30 days.
From 1 July 2026, four times a month: on the 9th, 16th and 23rd and the last day of the month. Before that it was every fortnight, and monthly before January 2025.
No. The 30-day limit and ₹100-a-day compensation have applied since 26 April 2024. They continue alongside the 2026 changes.
Yes. The 2026 scheme covers credit information companies, as well as commercial banks, NBFCs with assets of ₹100 crore or more and non-bank PPI issuers.
No. Accurate history stays on your report; bureaus hold at least seven years of loan history. Old entries weigh less as they age.
They change how often your data is updated and how complaints are handled. The things that move your score, such as on-time payments and card use, are the same.
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.