What Is The Meaning Of SUB In CIBIL Report?

SUB in CIBIL report stands for Sub-Standard. SUB in CIBIL means a credit classification that is assigned to accounts that have been past due for more than 90 days but less than 12 months. In simple words, if I tell you, this means that the borrower has made at least one payment in the last 3 months, but has not yet made up for all of the missed payments.

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CIBIL SUB meaning

A SUB classification can have a negative impact on your CIBIL score, but it is not as bad as a classification of Doubtful or Loss. If you have a SUB classification, it is important to start making regular payments on your account as soon as possible. This will help you to improve your credit score and make it easier to qualify for loans in the future.

Now that you know what is SUB in CIBIL, here are some tips for improving your CIBIL score if you have a SUB classification:

• Ensure that you pay all your payments timely. This will help you improve your credit score.

• Keep your credit utilization low. It means that you need to keep the ratio of the total credit that you have in your account to the credit that you using, low. Try to keep your credit utilization at 30% or below.

• Pay down any outstanding debt. The credit score improves if you have no debts. 

• Dispute any inaccurate information on your credit report. You can review your credit report for free once every 12 months from each of the three major credit bureaus. If you find any inaccurate information, dispute it with the credit bureau.

It may take some time to improve your credit score if you have a SUB classification, but it is possible. By following the tips above, you can start to rebuild your credit and improve your financial future.

I hope now you understand what a SUB in CIBIL means.

DPD is the abbreviation of Days Past Due and some lenders report DPD values in different forms as per asset division set by RBI. I too initially did not know about all the DPD values but when I heard that there is an aspect called SUB in CIBIL, I tried to get detailed information about it. Let me share with you what I got to know and also mention the other values under the DPD.

SUB basically is the abbreviation for Sub-Standard

What is DPD meaning?

DPD stands for Days Past Due which shows the number of days by which an individual has missed an EM or credit card payment. In case of timely payments of the dues, the DPD will be 0. In case if an individual has missed payments by 30 days, the report will show 30 against the previous month.

What is the meaning of SUB in CIBIL report?

Values that appear under DPD are:

• STD

• SUB

• DBT and LSS

SUB denotes sub-standard payments and shows that payments have been made after 3 months or 90 days. The borrowers are considered as risky investments in such cases. This is the SUB meaning in CIBIL 

I hope I have been able to describe the meaning of SUB in CIBIL.

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