Credit card CIBIL Reporting doubt

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Deal Cadet
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If I spend more than 30% on my axis card and pay it before bill generation, how much axis will report to CIBIL? What about other banks like SBI, HDFC, ICICI, etc

Somewhere I've read Axis reports 2 times to CIBIL, once on bill generation date and second time on last day in a month, is this true?

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Benevolent Benevolent
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U Can Find A Cibil Reporting Date From This Image..

IMG-20231222-WA0012


Critic Critic
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Whatever you do cibil will not reach or cross 800. For that, home loan/some very unique factor is required.
Pro Shopping Friend Pro Shopping Friend
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@guest_999

Mine is 800 no loan. Only credit cards.  IMG20231227201246

Critic Critic
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CIBIL Reporting Dates (Personally Verified)

Amex BGD
AU EOM
Axis BGD
BoB EOM
Citi BGD
Federal EOM
HDFC EOM
HSBC EOM
ICICI BGD
IDFC EOM
IndusInd EOM
Kotak EOM
PNB BGD
RBL BGD
SBI DD+3
StanC EOM

BGD - Bill Generation Date
DD - Due Date
EOM - End Of Month

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Deal Subedar Deal Subedar
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Banks report on the last day of the month. If you can pay back the difference and get it down to less than 30%. Only the balance will be reported.

Don't wait till statement generation.

Finance Ninja Finance Ninja
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Not sure on axis but it's as below for others -

Sbi - statement generation

Icici - statement generation

Hdfc - month end

Benevolent Benevolent
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U Can Find A Cibil Reporting Date From This Image..

IMG-20231222-WA0012


Flame Flame
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For ICICI - they report the amount that gets billed on billing date. However, not sure on which date they report it to cibil

Suppose you spent 30,000 but before your bill was generated you paid 20,000. So, now bill will show due amount as 10,000. And ICICI will report only 10,000 as credit utilization to Cibil. 

Axis:- In my case I observed that they report the total amount that you utilize irrespective of that fact that how much you repaid before bill generation. 

Suppose you spent 30,000 but before your bill was generated you paid 20,000. So, now bill will show due amount as 10,000. But Axis will report complete 30,000 as credit utilization to Cibil.

Deal Cadet Deal Cadet
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Any idea about SBICard regarding utilization? bill amount or entire amount spent in cycle including prepayments?
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Deal Cadet Deal Cadet
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@Demon_slayer please clarify regarding utilization part, especially in AXIS case. @ignoustories256 saying that AXIS reports entire amount. This is confusing.

Deal Subedar Deal Subedar
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I don't have experience with axis better listen to him, if he has dealt with them.
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Flame Flame
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Just pay all your outstanding amount before cibil reporting date. Your cibil score will fire

Critic Critic
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Whatever you do cibil will not reach or cross 800. For that, home loan/some very unique factor is required.
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Critic Critic
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CIBIL Reporting Dates (Personally Verified)

Amex BGD
AU EOM
Axis BGD
BoB EOM
Citi BGD
Federal EOM
HDFC EOM
HSBC EOM
ICICI BGD
IDFC EOM
IndusInd EOM
Kotak EOM
PNB BGD
RBL BGD
SBI DD+3
StanC EOM

BGD - Bill Generation Date
DD - Due Date
EOM - End Of Month

Deal Cadet Deal Cadet
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My Cibil score is 870. I just pay the total amount due on one day before due date. Do we really need to care about when they report?

BTW, I had 9 credit cards once. Now have 6. One Housing loan.

Critic Critic
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Are you sure it is cibil & not experian score?
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Post Mogul Post Mogul
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and which one is reported to IT dept 😀.. whole amout or one at month end
Super Stud Super Stud
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2 CCs and multiple rejections stuck_out_tongue_winking_eyeScreenshot2023-12-28-00-05-53-04204a3e7a56d80833934821a7ecffdc0a 
Critic Critic
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This is CRIF score.
replyuser
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