Free annual credit report
The entitlement, required by the Reserve Bank of India, to one free full credit report every year from every credit bureau — useful for spotting accounts that are not yours and closed loans wrongly shown as outstanding.
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Written up from the same chapter
- Credit scoreThe number a credit information company builds from your loan and credit-card repayment history, and the first thing a lender looks at when your application arrives.
- Debt trapThe state a borrower reaches once debt is being used to meet ordinary living expenses, so fresh borrowing becomes necessary to service the borrowing already outstanding.
Where this is taught
Free preparation for NISM Series SEBI-ICE← All terms