Days Past Due (DPD) in CIBIL Report

DPD Full Form & Its Meaning

The credit report comprises several sections like payment history, recent enquiries, credit score and DPD. The DPD or Days Past Due is one of the most important data on your credit report and can significantly affect the probability of getting loan approvals from financial institutions.

DPD stands for Days Past Due. It is a strong indicator of your creditworthiness. It reflects how many times you have missed the payment of loan EMIs/credit card bills in the past. Every time you avail a loan from a bank/NBFC, a separate DPD table is generated on your credit report for that loan. In case of default with regards to repayment, the DPD stays on the report for the next three years.

Format of DPD in CIBIL

As mentioned above, there is a separate DPD table on your credit report for every loan/credit card account in your name. The DPD table shows your month-wise repayment history. The value mentioned against a given month on a DPD table indicates the delay in EMI/credit card bill payment (if there is any). Here is a sample DPD table. You may refer to this table to get an idea of the format DPD in your credit report. We will discuss the meanings of the different DPD Values (as mentioned in the table) in the subsequent section.

Important DPD Values and Their Significance

In the sample DPD table above, the values mentioned against the different months have different meanings. You may refer to the following pointers to understand what these values mean and what impact they have on your creditworthiness.

• 000: It signifies that you have paid all your EMIs for the month on time and do not have any outstanding dues for the month. If you have this on your report, it is the safest value you could have! If you have this value every month on your report, it means that you have never delayed your EMIs and you are extremely good with your finances. Lenders can sanction you loans even if you have a lower credit score but a DPD value of 000 throughout.

• XXX: When your lender does not provide any data regarding repayment to CIBIL, this value is shown in your report. The applicant is considered safe in this case and it does not have any impact on the candidate’s profile. In the example given above, it is to be understood that the bank/financial institution has not provided any details to CIBIL for the month of February 2022.

• 30, 60, 90: These values on a DPD table in your CIBIL report indicate the number of days passed after the payment due date of the loan EMI/credit card bill. Any number, be it 30 or 60, has a negative impact on your credit report, and consequently on your creditworthiness. In the above example, 30 means that the applicant has missed his EMI payment for the month of March 2022. Similarly, the value 60 indicates that the EMI for the month of March, as well as April 2022, is defaulted. Finance experts advise that you must not miss your EMI/credit card bill payments for more than three months.

Some Other DPD Values

Apart from the aforementioned DPD values, you may also find some other types of DPD values on your credit report:

• STD: This value indicates “Standard Payment”. It means that the payment was made within 90 days of the due date.

• SUB: It stands for “Sub-Standard Payment”, This value indicates that the payment was made more than 90 days after the due date.

• DBT: It stands for “Doubtful”. It denotes that the payment remained sub-standard for over 12 months.

• LSS: It stands for “Loss”. This value indicates that there is little chance that the borrower would ever repay the loan amount to the lender.

Why is DPD Significant?

DPD is important as it indicates how many times and for how many days you have delayed the payment of your loan EMIs or credit card bills. Since timely repayment of EMIs and credit card bills is the most important indicator of your creditworthiness, financial institutions consider DPD one of the most important criteria for determining your eligibility for a loan/credit card. In many cases, you can get a loan/credit approval even if you have a not so good credit score but a clean DPD.

How to Report DPD Errors in Your CIBIL Report?

In case you notice any error or discrepancy in your DPD on your CIBIL report, you should immediately report the same to the bureau. CIBIL will add an “Under Dispute” tag to your credit report and send the disputed value to the concerned lender for verification. Once the lender updates the correct data with CIBIL, your DPD is updated accordingly and the “Under Dispute” tag is also removed from your credit report.