Balaji Viswanathan
4 months 4 weeks ago
Dear PM ji - Post successful completion of the full loan taken through banks and authorized private loan providers, we are getting calls from so many people for further loans. Also, those lenders are checking our CIBIL rates without our knowledge whenever they want and that leads to low scoring of CIBIL rates.
For this my idea/suggestion is, the CIBIL rate can be checked only with consent of the loan seekers through OTP. There should be a confirmation message to the requestor mentioning the CIBIL SCORE and this message should be valid for 3 weeks so that the banks and financial institutions must accept to avoid multiple CIBIL checks.
Also, The next OTP can be generated after 30 days only to avoid multiple attempts to check CIBIL score. This will avoid lot of fraud related activities . Thanks.
Regards,
Balaji Viswanathan
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