Credit card is statement generated on 5th of every month
The payment has to be made by 20th of every month
Interest will charged at 3% per month
Late payment fees of Rs 500
Minimum Due Amount (5%) of balance outstanding
However, if you have not made the full payment and paid only Minimum Amount Due to keep your credit card account regular, you will not get any interest free credit period.

The Viral Media : Credit Card Minimum Payment || What is Minimum Amount Due

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15 COMMENTS

  1. sir mera account hdfc bank m hai..mjhese bank walo ne bola apke usme offer hai credit card k..apko life tym free milega..maine le liya bt maine usko use nahi kiya..fir wo kho gya to block kra diya tha..ab mera blc aaya h 1800 rs .. jbki maine usko bilkul v use nahi kiya h..sir mjhe kya krna caahiye ab

  2. ek aur baat bi bataiye ki agar mera bill 9500/- he aur minimum due 3000/- he aur mere pass 8000/ he jo ki me pay kar deta ho to agla bill kitne ka hoga. ya usme kitna intrest lagega aur kya hum full payment aur minimum due ke ilawa koi bi amount pay kar sakte he kya.

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