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Loan Settlement

Axis Bank may agree to settle your personal loan, generally where you're genuinely unable to repay in full. Not the full amount. Less. You stop paying EMIs, save a fixed amount each month into a separate account, and after several months or a year, present that accumulated amount as a settlement offer. Axis Bank isn't obligated to accept, but under RBI guidelines, banks must follow a board-approved settlement policy and can't reject an eligible case for reasons outside that policy. If accepted, the account gets marked "Settled" on your report once the agreed amount is paid and the lender confirms it in writing.

By Mohit Juneja | 25 August 2026

Credit Score

STD stands for "Standard," the account status shown next to a loan or credit card when payments are on time or overdue by less than 90 days. It's the healthiest status a credit account can carry. You'll find it in the Asset Classification or Account Status section of your report.

By Mohit Juneja | 25 August 2026

A credit counseling agency reviews your debt and income and helps you build a plan. It doesn't lend money. It can't erase what you owe or fix your credit report on command. Before you hand over your financial details to one, check these seven things first.

By Mohit Juneja | 25 August 2026