How often does your credit score get updated?

Current Credit Reporting Rule

RBI has mandated all lenders to update credit bureau data every 15 days. Earlier, credit bureaus updated credit reports and scores every 30 to 45 days, which led to delays in reflecting new credit actions further causing delays in score improvements. Because of this delay, borrowers had to avail loans at higher interest rates and/or face stringent eligibility conditions.

To counter this, the frequency of reporting credit data was reduced to 15 days. This change proved to be great for those actively taking corrective steps towards improving or building their credit scores.

Proposed Credit Reporting Rule

Key changes are proposed to credit bureaus from July 1, 2026. Lenders will submit borrower data to credit bureaus on a weekly basis, i.e. 7th, 14th, 21st, 28th, and last day of every month. The lenders will submit a complete snapshot of all active and closed accounts by the 5th of the following month. These changes aim to improve credit transparency and reduce errors, benefiting both lenders and borrowers.

Note: Quicker score updates also carry a downside and that is that any major error or default would lower your credit score at a faster rate, if not taken care of immediately.

If you have started taking corrective measures to improve your credit score, you should start seeing a slight increase in your score in about 30-60 days. As several factors influence your credit score, the exact timeline for score improvement will be different for different consumers.

Knowing your score is the first step towards improving or maintaining your credit score. To check and keep a track of your credit score online, visit Paisabazaar. Here, you can see your latest updated credit score across all credit bureaus for free.

You can check your credit score from the credit bureaus’ platforms also but you would have to subscribe for a fee as the free report is only for once a year.

So, if you want to keep a track on the improvements in your credit score every month, follow these steps:

Step 1: Enter Your Details

In the ‘Credit Score form’, fill in your mobile number and other details, and click on ‘Get Free Credit Report’.

Step 2: Verify Your Mobile Number

Complete the OTP verification of your mobile number to receive your score from all four credit bureaus.

Step 3: Track Your Credit Score

Your Paisabazaar account will be created, and your credit score will be updated every month to help you monitor your credit health.