What Is The Late Payment Charges For HDFC Credit Card?

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.

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.

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. 

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