Help me understand HDFC Credit Card bill statement.
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Thanks.
bro, It is clearly mentioned as ‘Total Outstanding Authorization Amount’. This is current outstanding only.
Thanks. Ya I saw that but I’m confused with so much info. I don’t think I credited that much amount and debited that much.
Whenever I make any transaction both credited and debited amount goes up. I don’t know what’s going on.
Do you know how can I change my billing cycle?
Actually in HDFC, the Total Outstanding Authorization Amount is the amount for a transaction that does not yet appear on your unbilled transactions list. Normally it takes a couple of days for a charge to appear in the unbilled statement in netbanking. So it’s not the same as current outstanding in ICICI which is the total amount outstanding.
I figured.
In my case I think it’s 16k emi.
You can get the current outstanding by subtracting available credit limit from the total credit limit