New Delhi. Imagine, you paid the entire credit card bill on time and within a few days your credit score went up and due to this your desired loan was also approved immediately. The Reserve Bank of India (RBI) is preparing for this change. From April 1, 2026, your credit score will be updated every 7 days, which means now you will not have to wait long for the credit score to be updated.
The Reserve Bank of India (RBI) has issued draft guidelines on September 29, 2025, according to which from April 2026, all Credit Information Companies (CICs) of the country will have to update the credit reports and scores of customers every week. Currently these updates happen once in 15 days.
Incremental data will be sent every week
Under the new system, CICs will have to keep the data updated on 7th, 14th, 21st, 28th and last day of every month. Banks will send complete data by 3rd of every month, whereas on these 4th dates only new changes i.e. incremental data will be sent such as opening of a new account, closure of an account, any change affecting the credit score or change in the status of the loan.
Rules will come into effect from April 1, 2026
If a bank does not send the data on time, credit information companies will have to report it on the DAKSH portal of the Reserve Bank of India. RBI has clearly said that these rules will come into effect from April 1, 2026.
What is the benefit of this for you?
Customers will get the biggest benefit of weekly updates. If you repay your loan, pay your credit card bill on time or improve your score, the effect will be visible quickly. This will help in getting a better credit card, taking a loan at a lower interest rate or getting approval for a new loan. The advantage for banks will be that they will get the latest credit report of the customers, which will enable them to better assess the risk and decide the loan price i.e. interest rate, amount and tenure correctly.
Credit score may be updated in real-time in future
Overall, this step of RBI is considered beneficial for both the bank and the customers. Experts believe that this may also pave the way for daily or real-time credit updates in the future.
