Credit card payment late fees charge of SBI credit card ICICI bank HDFC citi bank Axis bank check details here - Business News India

Credit card payment late fees charge of SBI credit card ICICI bank HDFC citi bank Axis bank check details here – Business News India


You shall be properly conscious of credit card. Nowadays everybody will need to have a credit card from work to work. This card is one thing on which you brazenly purchase, however it is usually an habit by which you may get caught badly. Actually, credit card late payment charge is levied on the credit card, for those who miss any payment, you may be charged a penalty in addition to curiosity on the quantity paid by you. This will even have an effect on your credit rating. That is, if you don’t pay the credit card dues on time, you may get caught within the debt lure.

Let us inform you that if you don’t pay on time, you must pay an extra quantity on the credit card invoice, which is known as Late Payment Charges. Recently ICICI Bank has introduced a rise within the late payment charge for varied credit card providers. Now the bank is not going to charge any charge for the overall excellent quantity lower than Rs 100. Higher the excellent quantity, larger would be the charge. For excellent quantity of Rs 50,000 or extra, the bank will charge a most of Rs 1200. The new charges shall be relevant from February 10, 2022.

Also read- 1 rupee 93 paise this inventory reached ₹782, made 1 lakh of buyers ₹4 crore, you could have it?

Let us know the way a lot late payment charge is charged on credit playing cards by main banks like ICICI Bank, HDFC Bank (HDFC), SBI Card (SBI), Axis Bank (Axis), Citibank?

SBI Credit Card Late Payment Fee
According to the SBI Card web site, the late payment charge ranges from Rs 400 to Rs 1,300. SBI doesn’t charge any charge for the excellent quantity lower than Rs.500.

>> SBI prices Rs 400 late payment charge on Rs 500 to Rs 1000.
>> Late payment charge is Rs.750 on quantity from 1000 to 10,000.
>> Charges a late payment charge of Rs.950 for Rs.10,000 to Rs.25,000.
>> SBI levies a late payment charge of Rs 1100 on quantities as much as Rs 25,000-50,000.
>> Late payment charge for quantity above 50,000 is Rs.1300.
>> A minimal of 2 per cent or Rs 500 is charged as auto debit or check return prices.

HDFC bank credit card late payment charge (HDFC bank credit card late payment charge)
According to the HDFC Bank web site, the late payment charge can vary from Rs 100 to Rs 1,300 relying on the due pay. HDFC doesn’t charge any prices on payments beneath Rs 100.

>> Late payment charge is Rs.100 on a invoice of Rs.100 to Rs.500.
>> Bills as much as Rs.501-5,000 entice a late payment charge of Rs.500.
>> HDFC Bank prices a late charge of Rs 600 for Rs 5001-10000.
>> HDFC Bank is charging Rs 800 late charge on payments of 10001-25000.
>> On payments of Rs 25,001-50,000, the bank prices a late charge of Rs 1100.
>> This is a late charge of Rs 1300 for payments above Rs 50000.

Also read- Paytm’s postpaid service is of nice use, will assist from invoice payment to lease payment.

Axis bank late payment charge
According to Axis Bank’s personal web site, the bank prices between Rs 100 to Rs 1,300 relying on the kind of credit card and the quantity due. For instance the fees on choose playing cards are as follows.

>> No charge is levied on payments beneath Rs.300.
>> A late payment charge of Rs.100 is levied on a invoice of Rs.300 to Rs.500.
>> Late payment charge is Rs.500 for payments as much as Rs.501-1000.
>> Late payment charge for Rs.1001-10,000 is Rs.500.
>> Late payment charge for Rs.10,001-25,000 is Rs.750.
>> Late payment charge for Rs.25,001-5,0000 is Rs.1,000.
>> Late payment charge for quantity above Rs.5,0000 is Rs.1,000.

Citi bank late payment charge
Citibank credit card prospects shall be charged between Rs 100 and Rs 1,300 as late payment charge. The late payment prices for Citi Rewards Credit Card are as follows-

>> No charge is levied on the invoice lower than Rs.2000.
>> Bills starting from Rs 2000 to Rs 7500 entice a charge of Rs 600.
>> Late payment charge on Rs.7500 to Rs.15000 is Rs.950.
>> Late payment charge is Rs 1300 for quantity above Rs 15000.

The late payment prices for the Citi Prestige Card are as follows-
>> No charge is levied on the invoice lower than Rs.2000.
>> Late payment charge is Rs.100 on quantity above Rs.2000.

,

Leave a Comment

Your email address will not be published. Required fields are marked *

%d bloggers like this: