New CIBIL reporting frequencies of various banks from Jan 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

 

[Anil_SinghAnil_Singh is verified member.]

Are these getting reflected in CIBIL, ?

Y e s.

 

[jeevanreddy58]

For how many years does CIBIL consider delayed payments when calculating a credit score?

 

[SSV]

For how many years does CIBIL consider delayed payments when calculating a credit score?

I don't exactly know.. but it should be somewhere between 3 and 7 years..

 

[V360]

For how many years does CIBIL consider delayed payments when calculating a credit score?

36 months is when it will be removed from your summary - however it will stay on your CIBIL forever.

 

[SSV]

So again a update,

IDFC also reporting 15/01/2024 ,earlier one was month end.
And Indus also reporting on 15/01/2024,earlier one was month end.

All these changes are visible on crif currently, Very soon gonna reflect the same in cibil.

For me now IndusInd is also getting reflected in CIBIL as on 15/01..
Kotak also got refelcted as on 15/01.

Updated the list with the above banks along with RBL and Federal

 

[SSV]

CSB jupiter reported jan 15 ,only scb is pending in joining the 15 days reporting club

what was the previous reporting pattern?

 

[ajijul_93rahman]

@SSV
Update:
SBI Card has reported to CIBIL on 15-01-2025, with the balance reflecting settled transactions.

Note: Transactions done on 14-01-2025 and 15-01-2025 (which were unsettled) were not included in the reported balance.

Previously, SBI Card used to report the statement balance as the current balance on due date + 3 days. For example, my statement date is 02nd of every month, and the last report by SBI was on 28-12-2024, reflecting the statement balance of 02-12-2024.

Now, SBI has changed its algorithm to report the current settled transaction balance on the 15th of the month. Based on this new reporting pattern, the next report is expected to be on 31-01-2025, reflecting the same balance of settled transactions.

@SSV Surprise, surprise! SBI has come up with a new twist!

I just noticed that SBI has again reported to CIBIL in its usual pattern—due date + 3 days. They have reported on 25-01-2025 with my statement balance of 02-01-2025 (my statement date) as the current balance, which is their regular reporting style.

Interestingly, they also recently reported on 15-01-2025 with the outstanding balance reflecting settled transactions. So now, SBI has reported two different balances:

1. 15th of the month: Outstanding balance (settled transactions).
2. Due date + 3 days: Statement balance (backdated to the 15th of the month).

If this continues, it seems SBI might start reporting three times a month:

1. 15th
2. 30/31st (month-end reporting)
3. Due date + 3 days

This is getting interesting! Let’s see if they maintain this new pattern.

 

[SSV]

@SSV Surprise, surprise! SBI has come up with a new twist!

I just noticed that SBI has again reported to CIBIL in its usual pattern—due date + 3 days. They have reported on 25-01-2025 with my statement balance of 02-01-2025 (my statement date) as the current balance, which is their regular reporting style.

Interestingly, they also recently reported on 15-01-2025 with the outstanding balance reflecting settled transactions. So now, SBI has reported two different balances:

1. 15th of the month: Outstanding balance (settled transactions).
2. Due date + 3 days: Statement balance (backdated to the 15th of the month).

If this continues, it seems SBI might start reporting three times a month:

1. 15th
2. 30/31st (month-end reporting)
3. Due date + 3 days

This is getting interesting! Let’s see if they maintain this new pattern.

Thanks for the info. That's why I didn't add SBI in the list of the first post. Let's wait for one more month to see the trend

 

[SSV]

The interesting thing is : Amex had not reported the second report for the month (ie statement date +15) for me yet..
My statement date was 02/01/2025 and it was promptly reported on 4th or 5th..
But 17/01/2025 reporting is not done yet and today it is 28/01.. very strange.. probably amex may be rethinking about reporting dates again..not sure..

Hdfc is upto date, last one being as on 22/01