Credit Card CIBIL Reporting Date

[ujjawal]

At first, I thought the same but the thing is SBI reports the Total Outstanding Balance as on the Statement (Bill Generated) to the CIBIL after 23 days of Bill Generation i.e. Due Date (which is 20 days from Bill Generation) + 3 days.

Let's say
Bill Generation Date: 1st of Every Month
Due Date: 21st of Every Month
CIBIL Reporting Date: 24th of Every Month (outstanding amount as of Generated Bill on 1st).

The customer care person also said that if anyone defaults or is not paid the Min Due Amount will be reported after 3 days from the Due Date.

Thanks for detailed explanation, I can confirm this. My bill generation date is 3rd of every month while SBI reports to CIBIL on 26th.

 

[CardSeeker]

At first, I thought the same but the thing is SBI reports the Total Outstanding Balance as on the Statement (Bill Generated) to the CIBIL after 23 days of Bill Generation i.e. Due Date (which is 20 days from Bill Generation) + 3 days.

Let's say
Bill Generation Date: 1st of Every Month
Due Date: 21st of Every Month
CIBIL Reporting Date: 24th of Every Month (outstanding amount as of Generated Bill on 1st).

The customer care person also said that if anyone defaults or is not paid the Min Due Amount will be reported after 3 days from the Due Date.

Thq For Details

 

[Rahul Gupta]

@TechnoFino
My experience,
RBL - Bill generation date
SBI - Bill due date + 3 days

I agree with rbl date.
They reported the bill amount to cibil.

 

[jack333]

Hello everyone,
If you are holding multiple credit cards, and wants to keep your credit utilisation ration under 30% then you should know, on which date your card issuers report your card uses data to CIBIL.
To know more about how to maintain credit utilisation ratio under 30% or lower watch this video - How To Maintain Credit Utilization Ratio Under 30% | Steps You Must Follow | Pro Tips 🔥🔥🔥 on YouTube (TechnoFino Channel).
Check this list, Credit Card CIBIL Reporting Date -

View attachment 373

Does HDFC report to cibil billed amount or total outstanding at month end? My billing date is 15th. If i dont pay the bill till month end and do some more transactions after billing date, will they report only the billed amount or total outstanding at month end to cibil? I want to increase reported limit shown in cibil by hdfc
@TechnoFino @Subhankar @bhavyegoel

 

[Hitman_107]

Does anyone when does au bank report the amount and details to the cibil?
I have recently acquired a au bank card in last month so wondering when it will be reported to cibil and a new account be added in cibil…

 

[jack333]

Does anyone when does au bank report the amount and details to the cibil?
I have recently acquired a au bank card in last month so wondering when it will be reported to cibil and a new account be added in cibil…

Month end

 

[patra007]

I want to know pnb cibil report date.

 

[hks789]

I want to know pnb cibil report date.

If its Rupay platinum card, then report and bill date is 16th.

For PNB, bill date depends on card variant

 

[Anil_Singh]

Does HDFC report to cibil billed amount or total outstanding at month end? My billing date is 15th. If i dont pay the bill till month end and do some more transactions after billing date, will they report only the billed amount or total outstanding at month end to cibil? I want to increase reported limit shown in cibil by hdfc
@TechnoFino @Subhankar @bhavyegoel

Many users confirmed that HDFC will report total outstanding at month end. I too maxed out my card this month for the same reason.

 

[jack333]

Best to do it in the same month of card issuance or else it will negatively impact cibil if we do later

 

[jack333]

Can someone suggest some item to buy from Amazon around 1.5 lakh which is cancellable and delivery time around 1 week

 

[Anil_Singh]

Can someone suggest some item to buy from Amazon around 1.5 lakh which is cancellable and delivery time around 1 week

Check for Macbook Pro. Check cancellation policy before booking. It all depends on seller.

 

[jack333]

So i should place the order on 29th or 30th of this month. Hdfc reports to cibil on 30th or 31st?

 

[pradeepG]

So i should place the order on 29th or 30th of this month. Hdfc reports to cibil on 30th or 31st?

hdfc cards arent considered for cibil calculations. plz avoid putting your money in risk with orders like this..

 

[Anil_Singh]

So i should place the order on 29th or 30th of this month. Hdfc reports to cibil on 30th or 31st?

Settlement will be T+1 or T+2 days. HDFC reports at month end (whichever date). So, making transaction before 3 days of reporting date will be safe. Only proceed if your item has cancellation and refund policy. Also, beware of the risk involving with such a huge transaction. You have been warned.

 

[sudhirsiddhi]

And Axis Bank??

 

[jack333]

Settlement will be T+1 or T+2 days. HDFC reports at month end (whichever date). So, making transaction before 3 days of reporting date will be safe. Only proceed if your item has cancellation and refund policy. Also, beware of the risk involving with such a huge transaction. You have been warned.

Hdfc reports unbilled amount also to cibil. So what if i place order on 31st only. All the items from Amazon prime fulfilled are cancellable if im not wrong?

 

[Anil_Singh]

Hdfc reports unbilled amount also to cibil. So what if i place order on 31st only. All the items from Amazon prime fulfilled are cancellable if im not wrong?

Unbilled amount for sure. I have no idea about unsettled amount reporting. Hence I suggested that timeline. I have never cancelled any product crossing even 10k, so have no idea. 😅

 

[ramandeep]

What's best for increasing cibil score paying bill before billing date i.e full oustanding or paying only bill due before bill due date?

 

[hks789]

What's best for increasing cibil score paying bill before billing date i.e full oustanding or paying only bill due before bill due date?

Keep utilization low(For this you can pay some of the unbilled amount before cibil reporting dates of the cards).
Dont pay all, keep atleast a small amount for bill generation, so that number of bill payments increases.
Both of these will improve the score over the course of time.

As long as you pay your bills on time, score will be fine.