How Many Days Does It Take to Update CIBIL™ Score?

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The RBI has mandated that credit bureaus update the CIBIL™ score in their records every 15 days. As of January 2025, CIBIL™ scores are updated once every 15 days following the RBI’s new regulatory policy. Your loan and credit card repayments are reflected on your credit report twice a month. This ensures faster and accurate updates.

How Often Does CIBIL™ Update Credit Information?

Your CIBIL™ score is an indicator of your financial discipline and your creditworthiness in the financial market. It helps lenders decide on your loan and credit card applications. But have you ever wondered how long it takes for CIBIL™ to update your CIBIL™ Score? For this, you need to know the timeframe in which the CIBIL™ updates its credit information.

As per the new RBI mandate, your CIBIL™ score is updated once every 15 days. This is based on the credit information that the lenders share. This fortnightly update of the CIBIL™ Score ensures that there is an accurate and timely credit assessment that reflects the financial behavior of the individuals concerned and promotes a fairer credit system.

What are the Factors that Delay a CIBIL™ Score Update?

Whenever financial transactions occur in your name, they affect your CIBIL™ score. Some of the factors that affect your CIBIL™ score include on-time payments, paying outstanding dues, applying for a new credit card or loan, and credit mix. But various factors will delay the CIBIL™ score update. They are:

• Lenders Data Submission Timeline: Different lenders adopt a variety of time schedules to report to CIBIL™. The reporting time adopted by individual lenders might cause a delay in the CIBIL™ score update. Some lenders report quickly, while others might experience a delay in reporting. The reporting time plays a crucial role in your CIBIL™ score update.
• Correcting Inaccuracies in CIBIL™Data: If there is any error in your CIBIL™ Report, you need to report it to CIBIL™. CIBIL™ takes a time frame of 30 to 45 days to resolve any disputes that the customer has lodged. CIBIL™ will check with the lender concerned and try to resolve the issue amicably. Once the issue is resolved, it gets reflected on your CIBIL™ Report.
• Understanding Update Timelines: Funds that you send to lenders for your loan EMIs or credit card bills may take some time to clear. If the lender reporting time does not fall during the fund clearance period, there might be a delay in your on-time payments getting reflected on your CIBIL™ Score.
• New Credit Card and Loan Applications Updates: New credit card and loan applications initiated by you may result in a hard inquiry from the lender. This will lead to a fall in your CIBIL™ Score. The time frame taken for the fate of the loan application will also affect your CIBIL™ Score.
• Multiple Credit Activities At Once: Multiple credit activities happen in your credit history. But the same update getting reflected by CIBIL™ will take time.

How Many Days Does It Take to Update CIBIL™ Score?

A CIBIL™ score reflects your creditworthiness and is based on the information that lenders and financial institutions share. CIBIL™ does not update your Score daily. However, the Score is reported only when a lender submits their repayment and borrowing data. As per the new RBI mandate, CIBIL™ needs to update the CIBIL™ Report of individuals once every 15 days. Any repayment, loan closure, or any credit card repayments will take a minimum of 15 days to get reflected on your CIBIL™ Report.

This time frame again depends on when the lender reports the information to CIBIL™. Suppose your lender has the habit of sending CIBIL™ information on the 15th of every month. And you make the repayment on the 16th of the month. The report reflection is delayed by 15 days. Moreover, any disputes lodged with CIBIL™ might take a timeframe of 30 to 45 days to get resolved. After the dispute resolution, only the CIBIL™ Score is updated. So the CIBIL™ Score can't get updated in real-time; patience is the only key for CIBIL™ Score improvements.

When Does CIBIL™ Score Get Updated?

The CIBIL™ score is one of the most significant factors in obtaining a loan. This three-digit number indicates how well you handle money. When a loan is granted to an individual, it typically takes 30 to 45 days to update their CIBIL™ score. But as per the RBI mandate recently, the credit bureaus need to update the CIBIL™ score once every 15 days. This means these CIBIL™ Score changes need to be updated much more quickly.

But there are two main situations where your CIBIL™ score may see changes. They are:

• A Dispute: If you have reported a CIBIL™ dispute or complained about the miscalculation of your CIBIL™ Score, the result of the same can be seen on your CIBIL™ score. It will take a maximum of 90 days to resolve this dispute and make the requisite changes.
• A Payment: When you make an EMI payment on your existing loan, the EMI payment gets reflected on your CIBIL™ Score. You can see consistent changes based on your repayment behavior.

How to Check If Your CIBIL™ Score Has Been Updated

Individuals who follow best financial habits and discipline are likely to expect their CIBIL™ score to improve. However, they may not be aware of the methods for checking whether their CIBIL™ score has been updated. The following steps, when taken vigilantly, ensure that your CIBIL™ score is updated. They are:

• Visit the official CIBIL™ website: Log in to Official CIBIL website with your credentials and create an account to access your credit profile.
• Download Your CIBIL™ Report: Download your CIBIL™ Report from the website. Ensure it includes the latest credit transactions you have made.
• Compare it with the older reports: Check whether your latest repayments, loan applications, or any other credit changes have been reflected.
• Use Banking Apps and Fintech Platforms: Various banking applications and fintech platforms offer a free credit score check. Log in to CreditMantri Website to check your credit score for free. If you make any repayments or take out a new credit, it will be reflected in your credit score.
• Raise a Dispute If Required: If your CIBIL™ Score does not reflect the new credit transactions you have undertaken, you can raise a dispute with CIBIL™.

Tips for a Quick CIBIL™ Score Reflection

The following are some of the tips that need to be adopted for a Quick CIBIL™ score update. They are:

• Clear Bills On Time: Pay off any pending loan EMIs and credit card dues on time. As on-time payments have a positive effect on your CIBIL™ Score.
• Request Lender's Confirmation: Once the payments are completed or the loan is closed, request that the lender send the information to CIBIL™ promptly to ensure it is reflected in your CIBIL Report.
• Clear Disputes Quickly: If you have raised a CIBIL™ dispute, try to close it with the lender quickly and amicably. A CIBIL™ dispute will not lower your Score, but if it turns out unfavorably, there's a good chance your Score will decrease.
• Stay Patient: Even with disciplined financial habits, there is a very low chance that your CIBIL scores will show a quick improvement.

Conclusion

CIBIL™ score updates do not happen instantly. As per the new RBI mandate, CIBIL™ updates its CIBIL™ Score only once every 15 days. The changes to your CIBIL™ Score and CIBIL Reports are reflected only once every 15 days. You need to monitor your report to help spot errors or delays. Maintain a set of disciplined financial habits and credit behavior to ensure a healthy CIBIL™ Score in the long run.