Status of a loan in cibil report

POSTED BY puneet joshi ON July 5, 2013 10:06 am COMMENTS (2)

Hi All,


I purchased my CIR recently. There is one personal loan having status as ” Restructured Loan” with current balance as 0 and having closed date as well. I want to undertsand the negative impact of this status and is it possible to remove this status?



Puneet Joshi

2 replies on this article “Status of a loan in cibil report”

  1. Credexpert says:

    Dear Mr. Joshi,

    Restructuring a loan means a change in the tenure of the loan, on your request, thereby reducing the EMI enabling you to service the loan successfully.

    Yes, this has a negative remark on your credit score as it indicates your inability to service the loan in the past. This remark cannot be removed from your credit report since this loan has already been repaid and closed.


  2. Its because you at some time in past have converted your loan into EMI’s . Not a very big thing , but still it gives an indication that you could not service it back so you converted back in EMI’s , even though in reality it might not be the case .

    You cant remove the status , as far as I understand.


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