How are loan repayments and closures reported to all four credit bureaus TransUnion CIBIL, Experian, Equifax, and CRIF in India?

We have an automated Credit Information Company (CIC) reporting process in place to ensure seamless updates to your credit report. Once a repayment is made against a loan or when a loan is closed, it is automatically reported to all four CICs (credit bureaus) at periodic intervals according to their prescribed schedule.