Experience The NoBrokerHood Difference!

Set up a demo for the entire community

Thank You For Submitting The Form
Home / Finance / Banking / What Is The Late Payment Charges For HDFC Credit Card?
Q.

What Is The Late Payment Charges For HDFC Credit Card?

view 2101Views

2 Year

Comment

1 Answers

Send

Hi Buddy,

Being an HDFC credit card holder, I would like to say that if you do not pay the minimum amount due (5% of the statement balance) by the deadline specified on your bill, you will be charged with HDFC credit card late payment charges. The industry as a whole has essentially standardised this late payment cost.

Calculate your EMI on a home loan with the help of the NoBroker EMI calculator. With NoBroker's house loan services, you may get a stress-free home loan disbursement.

This might not seem like much, but consistently paying late can have an impact on your credit score, which could cause your credit card company to reevaluate your creditworthiness, lower your credit card limit, and perhaps raise your interest rate.

What is the late payment charges for HDFC credit card:

Clear funds must be credited to the credit card by the payment due date shown on the credit card statement; however, three grace days are permitted to account for payment processing time. The HDFC credit card late payment charges per day according to their website depend on the amount owed, late payment penalties can range from Rs 100 to Rs 1,300.

I would like to conclude here as I think this would suffice your query about the  HDFC credit card late payment charges. 

Read More:

How To Close HDFC Credit Card? How To Use HDFC Credit Card Reward Points?
Flat 25% off on Home Painting
Top Quality Paints | Best Prices | Experienced Partners