When Updated Credit Limit Reflects in CIBIL by Banks?

[pradeepG]

Please Share Experience for All Banks if possible as this thread will be usable for all. I am only interested in SBI & ICICI.

 

[Bhaskar]

My ICICI cards updated limit reported after 1 billing cycle.

 

[pradeepG]

My ICICI cards updated limit reported after 1 billing cycle.

my limit increased on 20 Dec 2022, Not reflecting as of Today.

 

[panu24]

For me ICICI took 2 months to reflect increased credit limit in Cibil.

 

[Bhaskar]

my limit increased on 20 Dec 2022, Not reflecting as of Today.

You will see after second billing that is 20th February most probably.

 

[DRSYEDIRFAN]

my limit increased on 20 Dec 2022, Not reflecting as of Today.

Mine increased limit on 21st Dec 2022, and got updated on the next billing cycle*(22/1/23)

 

[techsearch]

ICICI takes 2 billing cycles....can we know how does that matter or why do you want to know ?

 

[masumshah59]

my limit increased on 20 Dec 2022, Not reflecting as of Today.

Same here! Waiting for it!
Plus my monthly cibil check date is 3rd. I will probably see it on 3rd March.

 

[pradeepG]

ICICI takes 2 billing cycles....can we know how does that matter or why do you want to know ?

going to apply a card on card-to-card basis so wish to have the increased limit considered as initial base limit in new card application, hence to get good initial limit in new card too. for this only statement might not work(and application might get rejected), CIBIL information should also be in sync with the statement information.

Apart from this, this information thread will be useful for all members and forum.

 

[pradeepG]

@TechnoFino can anyone help on SBI??

 

[panu24]

For me SBI increased limit reported in next billing report to Cibil. In the past also have not seen any issues with SBI delaying reporting increased limit to Cibil.

 

[panu24]

going to apply a card on card-to-card basis so wish to have the increased limit considered as initial base limit in new card application, hence to get good initial limit in new card too. for this only statement might not work(and application might get rejected), CIBIL information should also be in sync with the statement information.

Apart from this, this information thread will be useful for all members and forum.

I think good to wait for 3 months since your existing card got limit increased. This way you have got at least 2 new statements generated with increased limit and Cibil also updated. Then there should not be issue for C2C application.

 

[zaid_2913]

Icici is worst in timely CIBIL reporting among all the banks, they report every 2 months mostly