Credit Card CIBIL Reporting Date

[bhavyegoel]

Which option is better to increase cibil score if my utilization is less than 30%, pay before month end or next month?
@Subhankar @bhavyegoel @TechnoFino

Pay before bill date if less than 30%. Hardly matters if you are paying it with discipline.

 

[Ragul]

Hai All, do we have any source where we can get bank wise report submitting date to CIBIL?

 

[CMG]

Hai All, do we have any source where we can get bank wise report submitting date to CIBIL?

If it is for credit card, then you can find them here: https://www.technofino.in/community/threads/credit-card-cibil-reporting-date.375/

 

[Subhankar]

Which option is better to increase cibil score if my utilization is less than 30%, pay before month end or next month?
@Subhankar @bhavyegoel @TechnoFino

Just go by the dates which have been mentioning. Pay maximum before the bill generation date. And keep the number of repayment high. Even if you use 10Rs of a card, and pay it after bill generation, it'd count as repayment. Number of repayments is a very vital part which lot of people don't consider

 

[kochiro]

does axis report your limit to cibil or just the spending?

 

[CMG]

does axis report your limit to cibil or just the spending?

both

 

[kochiro]

both

That's great as on hdfc it always 100% spending even though I spend less than 30%

 

[FinoGuy]

One thing I noticed last month is sbi reported to credit companies at month end & not on statement generation date.
Kindly ignore the tag if its already known practice @TechnoFino

 

[kochiro]

What about Citi card ?

 

[TechnoFino]

One thing I noticed last month is sbi reported to credit companies at month end & not on statement generation date.
Kindly ignore the tag if its already known practice @TechnoFino

no, it's new.... have to check this

 

[CardSeeker]

It's payment due date + 3 days. To be precise.

So Total outstanding on due date + 3 days will report to cibil right ?

 

[akshayhs]

One thing I noticed last month is sbi reported to credit companies at month end & not on statement generation date.
Kindly ignore the tag if its already known practice @TechnoFino

Same here. Noticed credit report updated on 26-10 in my account.

 

[Indian]

@TechnoFino what is the cibil report date for AU bank cards?

 

[deep@vie]

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 -

thanks

 

[Anil_Singh]

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

 

[Adwait]

@TechnoFino what is the cibil report date for AU bank cards?

Month end

 

[Deleted member 5552]

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 -

Axis Bank reports two times in a month. On the Last day of month and statement generation date

 

[taruncbe]

Does utilization per card matter for credit score or overall utilization across Cards?

Reason being axis has given a 5L limit and my utilization will be 30% for this month. Whereas other cards are idle and unused

 

[Rahul Gupta]

Does utilization per card matter for credit score or overall utilization across Cards?

Reason being axis has given a 5L limit and my utilization will be 30% for this month. Whereas other cards are idle and unused

overall.

 

[jonmarvel]

So Total outstanding on due date + 3 days will report to cibil right ?

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.