You have 3 grace days after credit card payment due date

Banks Have To Provide 3 Days Grace Period From The Due Date and if u make the payment within these 3 days late fee and interest has to be reversed. Attached RBI circular and link more

Helpful Connected Consumers May 01

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VIJAYKUMAR N

Good information. These things never come to our notice. more

May 03

Ashok Ashok (Engineer)

thanks and it applies to credit card payments only.it would have been good if the complete rbi notification had been included or a site where it is available so that we can download the same andkeep it for reference more

May 01

Rajeev Bhargava

Agree more

May 01

Raveendran Adiyodi

Thank you for your information. Does this apply also for credit card payments? Can any one clarify. more

May 01

Mohinder Singh

Thanks for the information more

May 01

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