CIBIL- DUE PAST DAYS

Hi Keshav,

Your understanding of Due Past Days (DOD) should ideally be the number of days from the scheduled repayment date till the actual payment date—in your case, 30 days (from 16 Nov 20 to 16 Dec 20).

However, the CIBIL report showing 91 days could be because:

• The bank might be calculating overdue days based on monthly reporting cycles, not exact dates.

• As per RBI guidelines, banks typically classify NPAs and report delays based on installment due dates and the aging bucket in months, which can cause reporting of overdue days in multiples of 30.

RBI Reference:

• RBI’s Circular on Asset Classification and Provisioning states that banks must classify assets as NPAs if overdue for more than 90 days.

• But for reporting overdue days to credit bureaus, many banks convert overdue days into months (30/60/90 days), leading to discrepancies.

What you can do:

1. Request the bank for detailed aging of your overdue period and their calculation method.

2. If incorrect, raise a dispute with CIBIL with supporting evidence (loan agreement, payment proofs).

3. RBI doesn’t explicitly mandate day-wise calculation for credit bureau reporting; the bank’s system methodology might differ.

If you want, I can help draft a letter for your bank or CIBIL dispute.