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)
Fortnightly ( Two times, a month )
Thrice a month ( God Knows why SBI Chose this !!)
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)
- HDFC
- 7th
- 15th
- 22nd
- 30/31st ( ie month end)
Fortnightly ( Two times, a month )
- Statement Date and Statement Date + 15 days
- Amex
- 15th and month end ( 30/31)
- Axis
- BOB Cards
- Yes Bank
- SBM Bank
- Kotak
- IndusInd
- RBL
- Indian Bank(One card)
- Federal bank
- AU
- IDFC
Thrice a month ( God Knows why SBI Chose this !!)
- 15th , 30th and Due Date + 3 days
- SBI
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