CIBIL DPD or Days Past Due

Timely repayment of EMIs and credit card dues has a positive effect on your credit score. Lenders also prefer approving loans or credit card applications of applicants having a clean credit report (Here, “clean” signifies that the credit report is free from missed payments, overutilization, etc.).

Your CIBIL report contains your credit score, credit accounts, payment history, recent enquiries, and other details. DPD or Days Past Due in the Payment History is one of the determining factors for lenders while approving or rejecting your credit application.

What is Days Past Due (DPD)?

Days Past Due shows the number of days by which you have missed an EMI or credit card payment. If you have made timely payments in the past, your DPD will be mentioned as ‘0’. In case you have missed your payment by 30 days, your report will show “30” against the previous month. 

There may be instances where “XXX” is mentioned in the DPD section. It means that the lender has not provided the payment history details to the bureau. You should not worry if you find it in your credit report as it has no negative impact on your credit score or your chances of loan or card approval in the future.

Why is DPD significant?

DPD shows how disciplined you have been in making EMI payments in the past. It contains your payment timeline for the past 36 months. While assessing your credit application, the lender checks whether you have missed any payments in the past. If your DPD is ‘0’ for all 36 months, it shows that you have prudently paid off all credit dues on time and pose less risk to the lender.

Occasionally missing the deadline also has a negative impact on your credit score and creditworthiness but some lenders might still approve your credit application. However, frequent misses and non-payment of dues for long pose a high risk for lenders and they may refrain from approving your loans or credit card applications. 

When is DPD updated in your credit report?

Every time a lender submits your data to the credit bureau, it updates the details in your credit report and evaluates your credit score. Your credit score may not change every month even if the details are provided by the lender on a monthly basis. 

In case you miss a deadline by 30 days, the bureau updates your DPD for that month as “30” in your credit report. Assuming you don’t make the payment and the lender reports it to the bureau the next month again, your DPD would be updated as “60”.

As per finance experts, it is recommended to not miss the payments by more than 3 months as it can have a serious impact on your credit score as well as your creditworthiness.

What to do if there are DPD errors in your CIBIL report?

In case you find that your credit report has DPD errors wherein you made the payment on time for a specific month but your DPD shows a value other than “0” (it means that the lender has reported that you missed the payment by the number of days mentioned in the DPD), you can report this error to the credit bureau. 

CIBIL will request for verification with the concerned lender and add an “Under Dispute” tag to your credit account. Once the lender sends the correct data to the bureau, it updates the credit report and removes the “Under Dispute” tag.

CIBIL also sends an updated credit report containing your updated credit score to you.

Also Read: How to Raise CIBIL Dispute?

Where to find DPD in your CIBIL report?

DPD is mentioned against each of your credit products in the “Payment History” section of the CIBIL report. For example, if you have three active credit products such as SBI credit card, ICICI home loan and HDFC personal loan, DPD for the past 36 months will be mentioned against each of the credit products separately.

Other DPD Values

Some lenders report DPD values in different forms as per asset classification norms set by RBI. Values that appear for DPD under such conditions are – STD, SUB, DBT and LSS. Let us discuss each value in detail:

• STD – This is considered as the Standard Payment which means that the payment has been made within 90 days.
• SUB – It denotes sub-standard payments and shows that payments have been made after 90 days. These borrowers are considered as risky investments.
• DBT – It denotes that the account has remained sub-standard for more than 12 months. However, there are still chances of repayments from the borrower’s end. These applicants are considered very risky and most banks prefer to not approve their loan applications.
• LSS – The account for which the bank has no hopes for repayment is tagged as LSS on DPD reports. The amount for that account is identified as uncollectible. Almost all lenders will reject credit applications of those having LSS in their DPD.

It is recommended that you check your credit report regularly to spot any errors and get it rectified well in time so that you have a good credit score when you are actually in need of credit. Paisabazaar.com provides you with a free credit report from multiple bureaus with monthly updates. It can help you in keeping a track of your DPD and other errors in your credit report if any.