New CIBIL Reporting Frequencies of Various Banks from January 2025

[SSV]

Guys,
We already know that the new norms of cibil reporting comes into place w.e.f 1 Jan 2025.
As per the new rules ,the banks and other financial institutions should report outstanding balances of loans and credit card accounts atleast every fortnight. In this regard some banks adopted fortnightly and some adopted weekly reporting.
Let's collate the list of various banks with their frequency of reporting here in this thread..
The following is the list of Banks with their respective frequency and reporting dates in a month:
We will add more banks to this list as and when the information is available...

Weekly ( Four times, a month)

1. HDFC
   • 7th
   • 15th
   • 22nd
   • 30/31st ( ie month end)

Fortnightly ( Two times, a month )

1. Statement Date and Statement Date + 15 days
   • Amex
   • 
     
2. 15th and month end ( 30/31)
   • Axis
   • BOB Cards
   • Yes Bank
   • SBM Bank
   • Kotak
   • IndusInd
   • RBL
   • Indian Bank(One card)
   • Federal bank
   • AU
   • IDFC

 

[drk]

Thank you for making this much needed thread

 

[Nishan11]

Before PNB was reporting at month end. Statement date is 20th of every month.

Previously reported on 30th November, now reported on 18th December. So I assume they are following the trend now.

 

[HumorSimpson]

Wow @D₹V (upDate f₹equency of Various) banks

 

[TrueColours]

Axis : Fortnightly

 

[SSV]

Before PNB was reporting at month end. Statement date is 20th of every month.

Previously reported on 30th November, now reported on 18th December. So I assume they are following the trend now.

Let's wait for one more reporting then we can add PNB to the fortnight list

 

[SSV]

Axis : Fortnightly

okay, I will add 🪓 to the fortnight list..

 

[EverybodyEverybody is verified member.]

Are you sure HDFC is reporting Weekly? I see last reported date as 15th of this month..And before that mostly 30th of last month. Confirm please.

Guys,
As we know, new norms of cibil reporting comes into place wef 1 Jan 2025. The new rule says the banks and other financial institutions should report outstanding balances of loans and credit card accounts atleast every fortnight. In this regard some banks adopted fortnightly and some adopted weekly reporting.
Let's collate the list of various banks with their frequency of reporting here in this thread..


Weekly
1) HDFC
2)
3)
4)
5)
6)

Fortnightly
1) Amex
2) Axis ( 🪓 ) 😉
3)
4)
5)
6)

 

[SSV]

Are you sure HDFC is reporting Weekly? I see last reported date as 15th of this month..And before that mostly 30th of last month. Confirm please.

Yes, mine along with a few others like @shrewdoc 's were reproted on a weekly basis.

my last 3 reports were on 1/12, 8/12 and 15/ 12.. I mentioned this on the other thread.
I will confirm it again in a cuple of days about the next report as on 22/12.

Post in thread 'HDFC Reporting to CIBIL Every WEEK!'

Dec 20, 2024

I have noticed for the last 20-25 days, HDFC has been reporting to CIBIL every week starting from:

23 Nov → 30 Nov → 7 Dec

Previously HDFC used to report ONCE on month-end ie. on 30/31 of every month.

This is even faster and earlier than the RBI new guidelines of biweekly reporting w.e.f. 1 Jan, 2025:

https://www.livemint.com/money/personal-finance/banks-to-report-credit-card-data-to-cics-biweekly-how-will-it-impact-you-and-banks-rbi-nbfcs-cibil-credit-score-11729670913868.html

My CIBIL is going all over the place ±10-12 points because of this as it deducts 10 points for any...

• SSV

• 
• 

 

[EverybodyEverybody is verified member.]

Yes, mine along with a few others like @shrewdoc 's were reproted on weekly basis.

my last 3 reports were on 1/12, 8/12 and 15/ 12.. I mentioned this on the other thread.
I will confirm it again in a cuple of days about the next report as on 22/12.

Post in thread 'HDFC Reporting to CIBIL Every WEEK!'

Dec 20, 2024

I have noticed for the last 20-25 days, HDFC has been reporting to CIBIL every week starting from:

23 Nov → 30 Nov → 7 Dec

Previously HDFC used to report ONCE on month-end ie. on 30/31 of every month.

This is even faster and earlier than the RBI new guidelines of biweekly reporting w.e.f. 1 Jan, 2025:

https://www.livemint.com/money/personal-finance/banks-to-report-credit-card-data-to-cics-biweekly-how-will-it-impact-you-and-banks-rbi-nbfcs-cibil-credit-score-11729670913868.html

My CIBIL is going all over the place ±10-12 points because of this as it deducts 10 points for any...

• SSV

• 
• 

Thanks! Will be following your updates.

 

[gunik1123]

Guys,
We already know that the new norms of cibil reporting comes into place w.e.f 1 Jan 2025.
As per the new rules ,the banks and other financial institutions should report outstanding balances of loans and credit card accounts atleast every fortnight. In this regard some banks adopted fortnightly and some adopted weekly reporting.
Let's collate the list of various banks with their frequency of reporting here in this thread..


Weekly

1. HDFC

Fortnightly

1. Amex
2. Axis

IndusInd Bank

 

[tharun]

Axis : Fortnightly

Mine was last updated on 30/11/2024 only Monthly for axis

Are you sure HDFC is reporting Weekly? I see last reported date as 15th of this month..And before that mostly 30th of last month. Confirm please.

Same pinch it's happening fortnightly
Same thing is happening to me
Looks like hdfc is selectively sending or else it's in testing phase

 

[SSV]

Mine was last updated on 30/11/2024 only Monthly for axis

Same pinch it's happening fortnightly
Same thing is happening to me
Looks like hdfc is selectively sending or else it's in testing phase

HDFC is defintiely doing on weekly basis.. It had done with me 3 times in a row.. I will update the 4th reporting in a few days.

Yes, with AXIS, may be it is still on the trial period.. we all know by Jan end for all banks.

 

[SSV]

IndusInd Bank

View attachment 78266

what was the previous reporting of IndusInd ie. previous to 15.12.2024?

 

[gunik1123]

what was the previous reporting of IndusInd ie. previous to 15.12.2024?

Last was November 30.

 

[SSV]

Last was November 30.

okay , lets wait for one more reporting i.e Dec 31 , then we can update the list with IndusInd..
thanks for the info..

 

[Trust Me]

Guys,
We already know that the new norms of cibil reporting comes into place w.e.f 1 Jan 2025.
As per the new rules ,the banks and other financial institutions should report outstanding balances of loans and credit card accounts atleast every fortnight. In this regard some banks adopted fortnightly and some adopted weekly reporting.
Let's collate the list of various banks with their frequency of reporting here in this thread..


Weekly

1. HDFC

Hehe....

HDFC's system would have to work harder from now on in reporting 51 silent periods each year for my Moneyback card. 🙂

... Or is it smart enough to just ignore silent periods while reporting?
.

 

[HumorSimpson]

Hehe....

HDFC's system would have to work harder from now on in reporting 51 silent periods each year for my Moneyback card. 🙂

... Or is it smart enough to just ignore silent periods while reporting?
.

Ha ha ... reminds me of silence frames in wireless protocols .

 

[EverybodyEverybody is verified member.]

IndusInd Bank

View attachment 78266

Same date of report for me as well. Yet to see whether this happens for every 15 days or not.

 

[SSV]

IndusInd Bank

View attachment 78266

Same date of report for me as well. Yet to see whether this happens for every 15 days or not.

I have three IndusInd cards and all of them were now reported again as on 15/12... I amsure the previous reporitng was done as on 30/11..
So, lets wait for the next cycel.. It seems IndusInd had adopted fortnightly..