doubt - mobikwik & SBI credit card payment

43°
Deal Subedar
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Mobikwik credit card payment Sbi credit card: due date Jan 1.
Paid yesterday Jan 2, in mobikwik.

Still it is not credited in account….

i think grade period for SBI is, 2 days after due date….

If it credits tomorrow, what date will reflect in statement ?

9 Comments  |  
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date in the statement is the date at which it is credited or shown in unbilled section or you get in sms

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in my case, mobikwik has even taken more than 7 working days to settle the payment. You shouldn’t risk paying with mobikwik especially when the due date is near. In your case, its even worse, you paid after the due date.

i hope you know about the late payment fee + interest charges. Interest is counted form the date of the transaction and not due date. It’s not worth risking like this.

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you’ll only know after 2 days even if it is paid successfully, if it is credited then date will be 2nd most probably. Avoid mobikwik if due date is near.

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SBI doesn’t care what RBI advises, you may see penalty+interest in unbilled rolleyes
Now be ready with RBI circular etc

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caks2006407 wrote:

SBI doesn’t care what RBI advises, you may see penalty+interest in unbilled rolleyes
Now be ready with RBI circular etc

+1
Why did you relay on third party apps when due date is already passed. If amount is not big I suggest to clear payment immediately.

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It will take 3 working days to credit into the account. Mobikwik is tatti if you’re in urgent.

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Pay directly from sbi card site if after due date
Mobikwik is unpredictable , they settled my SBI card within 5 mins but took 15 days to settle my HDFC card and 6 days for axis

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Solution: luckily all those late payments credited with name as NEFT in statement, but for me date was not my initiated date, instead the actual credited date 4 days from due date.
And SBI team, told they can see NEFT initiated on a date (which is with in grace period (2 days) from due date) and said NEFT these days can take long days, we can understand so reversing charges for me… I was happy it was second time in this fiscal year I incurred finance charges for late payment. Though only once a year they reverse.

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