Education Loan Moved to NPA & Sold to Reliance – Need Advice

Urgent

My education loan was marked as NPA and the bank says it has now been sold to Reliance. I am ready to pay the full outstanding amount immediately and want the loan status updated as properly closed/paid, so my CIBIL score is not affected.

I urgently need to apply for a home loan, but the bank manager says they cannot help because the loan has already been transferred to Reliance.

Has anyone faced a similar situation?

Is it possible to settle the loan and update the status correctly in CIBIL after it has been sold to another company?

Any advice would be really helpful.

Posted Mar 6, 2026, 3:41 PM UTC

13
Loading comments…