STD in CIBIL Report – Full Form and Meaning

When reviewing a CIBIL report, borrowers may come across terms like STD, SUB STD, SMA, and LSS. These codes help indicate the status of a loan account and the borrower’s repayment behaviour. Understanding what STD means can help individuals interpret their credit report more accurately.

In a CIBIL report, STD stands for ‘Standard’. It signifies that the borrower has been making regular repayments on the loan without any significant delay. As per RBI guidelines, an account is classified as STD if the payment is not overdue for more than 90 days. 

It is essential to understand what STD in CIBIL report means to thoroughly analyse your credit report, as it essentially represents a track record of timely payments.

A ‘Standard’ account signals to lenders that you are a reliable borrower. Regular on-time payments are likely to result in your account being marked as ‘Standard.’ This can help maintain or improve your credit score. It will be easier to secure loans or credit in the future.

The STD status is typically found under the ‘Account Status’ or ‘Asset Classification’ section of a credit report. It is listed alongside each credit account reported by lenders and shows the current classification of that account based on repayment history.

Here’s what the STD status indicates for borrowers:

• The borrower has paid all EMIs on time.

• The loan account is healthy with no overdue beyond 90 days.

• It reflects positively on the borrower's credit behaviour.

• It can contribute to maintaining a good CIBIL score.

• Lenders view STD accounts as low-risk for future credit.

A CIBIL report contains various account statuses that indicate how well a borrower manages their repayments. These statuses play a crucial role in determining your creditworthiness. The following are some common account statuses and their effects on your credit score.

Errors in your CIBIL report, such as an incorrect ‘Standard’ status, can negatively affect your credit score. This situation may risk your opportunities for loan approval. Remember to always examine your report meticulously and rectify any inaccuracies.

If your CIBIL report wrongly marks your account as non-STD, follow these steps:

• Check your report: Download your CIBIL report from the official site.

• Note the error: Identify the loan account and incorrect STD classification.

• Raise a dispute: Log in to the CIBIL Dispute Resolution portal and submit the correction request.

• Provide documents: Upload bank statements or loan statements that prove regular payment.

• Wait for resolution: CIBIL will verify with the lender and update the report, typically within 30 days.