Credit Card - Reporting Date to CIBIL/EXPERIAN etc - ICICI&HDFC&SBI

[bhanuprasadhere]

hey, im new to this CC world, very beginner.
i saw a video -

- posted 8months ago.
now RBIs rule is to update every 15days

Anyone plz tell when are those days ICICI HDFC SBI reports to credit bureaus

 

[PahulGoyal]

I believe it's 15 and 1st of each month.

 

[bhanuprasadhere]

I believe it's 15 and 1st of each month.

for all bank CC's?

 

[PahulGoyal]

Yes

 

[shivtej]

hey, im new to this CC world, very beginner.
i saw a video -

- posted 8months ago.
now RBIs rule is to update every 15days

Anyone plz tell when are those days ICICI HDFC SBI reports to credit bureaus

For HDFC it's 4 times a month i.e once every week. For ICICI it's 15th and 30th of every month.

 

[PahulGoyal]

For HDFC it's 4 times a month i.e once every week. For ICICI it's 15th and 30th of every month.

I believe for hdfc too it's twice a month. Their customer support told me

 

[hitirfan]

I believe for hdfc too it's twice a month. Their customer support told me

Yes. Twice only

 

[abhimarda]

hey, im new to this CC world, very beginner.
i saw a video -

- posted 8months ago.
now RBIs rule is to update every 15days

Anyone plz tell when are those days ICICI HDFC SBI reports to credit bureaus

It's minimum 2 times a month and not every 15 days. The banks may choose to update more frequently and some of the banks may already be doing that.

 

[Mihirtripathi]

I recently checked my credit score and it showed me that i have utilized a credit limit of 60% but i paid the bill and brought the limit under 30% on 27th sep. As per this video hdfc report on 30/31st of each month but this month it reported early even before 27th September. They might have changed the date.

 

[abhimarda]

I recently checked my credit score and it showed me that i have utilized a credit limit of 60% but i paid the bill and brought the limit under 30% on 27th sep. As per this video hdfc report on 30/31st of each month but this month it reported early even before 27th September. They might have changed the date.

Banks are required to update it fortnightly or more frequently now. So every bank is updating it atleast 2 times in a month. All those tricks to pay just before bill generation date may not be useful now. But what you can still do is to pay down the same day of purchase so the utilisation is as per your choice.