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Track the 30-calendar-day credit-information rectification window and indicative ₹100/day compensation for delayed resolution.
Enter the facts and calculate. The result appears here.
Track the 30-calendar-day credit-information rectification window and indicative ₹100/day compensation for delayed resolution.
Credit-information errors can materially affect borrowing access, pricing and underwriting. RBI created a compensation framework specifically for delayed updation or rectification of credit information after a complaint.
The overall resolution window is 30 calendar days. The framework also allocates an internal 21-calendar-day period to the credit institution for sending corrected information to the credit information company, leaving the remaining part of the overall window for the CIC process.
This tool calculates the headline delay amount but does not decide which entity owes which portion when delay is shared. That requires the complaint trail and cause of delay.
Use the tracker with the original dispute acknowledgement, lender response, CIC response and final corrected report. A rejected complaint with a reason is different from an unresolved complaint, and substantive accuracy can still need escalation.
Every field below changes the result. They are listed exactly as the form asks for them.
| Field | Type | What it controls |
|---|---|---|
| Date complaint was lodged | Date | |
| Date resolved / rectified | Date | |
| If unresolved, calculate as of | Date |
Indicative compensation = ₹100 × calendar days beyond the 30-calendar-day resolution window, subject to the RBI framework and delay attribution.
The engine validates required values before calculating and rejects impossible combinations instead of converting them to zero silently. Dates, thresholds and category switches that drive the result remain visible to the user.
The logic on this page is built from the instrument(s) below. Where a rule did not clearly cover a scenario, that scenario is excluded rather than estimated.
The most common error in regulated calculations is not arithmetic; it is putting the facts into the wrong legal or product category. Check the transaction, entity, holding, policy or taxpayer classification before relying on the number.
Keep statements, acknowledgements, invoices, policy schedules, complaint IDs, tax workings or orders that support the inputs. A number without an evidence trail is difficult to defend in a complaint, return, claim or review.
Rules can change. This page records a source-check date, not a fabricated professional review date. If the event belongs to an older period, confirm that the rule version used here applies to that period.
No. The framework concerns delay in updation/rectification after complaint and requires the factual conditions to be met.
The RBI framework uses 30 calendar days for the overall resolution period.
That is the internal time allocated to the credit institution for forwarding corrected information under the framework.
No. It tracks process timing, not identity or contract evidence.
Yes. Keep complaint IDs, lender/CIC responses and before/after report evidence.
Source links below are the authority trail used to design the current rule logic. They remain more important than a generic secondary explainer.
Source checked: 14 August 2026. This denotes source verification for the package, not CA/legal review or approval of the individual case.
These cover adjacent decisions. Each owns a different question, so use the one that matches your actual event.
This calculator is published for general information and educational purposes only. It is not legal, tax, accounting or investment advice, is not personalised to your circumstances, and is not a substitute for reading the governing instrument or taking professional advice on your facts. Finin2min records a source-check date, which denotes verification of the authority trail and not a professional review or approval of any individual case.
Scope: Computes interest on delayed GST tax payment under Section 50 of the CGST Act.
Review status: reviewed and approved by CA Nikhil Gupta on 19 July 2026.
Background, worked examples and the rules behind these numbers.