Is it fine for credit card bill to pay in last date or a day after

259°

3111
20
Last Comment 2022-10-03

demerius2020

2022-04-15

I heard there is some rbi guideline tonprovide 2-3 days grace period

Expired

Disclaimer

We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.

19 Comments |

11 Dimers

Sort By

https://www.desidime.com/discussions/is-it-fine-for-credit-card-bill-to-pay-in-last-date-or-a-day-after?page=1#post_8381137

sri222

2022-04-15

Link Copied

https://www.desidime.com/discussions/you-get-th...?

https://www.desidime.com/discussions/credit-car...?

https://www.desidime.com/discussions/is-it-fine-for-credit-card-bill-to-pay-in-last-date-or-a-day-after?page=1#post_8381212

demerius2020

2022-04-15

Link Copied

if you can just provide your summery in golden words that will save us from reading whole threads

View 5 more replies

https://www.desidime.com/discussions/is-it-fine-for-credit-card-bill-to-pay-in-last-date-or-a-day-after?page=1#post_8381182

Fanil

2022-04-15

Link Copied

Yes it is but why risk it.. better to pay before due date

https://www.desidime.com/discussions/is-it-fine-for-credit-card-bill-to-pay-in-last-date-or-a-day-after?page=1#post_8381227

bohemian

2022-04-15

Link Copied

Yes there is grace period. But pay before or on last date is advisable.

On last date payment, dnt use third party for payments. Either pay directly from netbanking , or imps or neft.

https://www.desidime.com/discussions/is-it-fine-for-credit-card-bill-to-pay-in-last-date-or-a-day-after?page=1#post_8381235

ULYSSES

2022-04-15

Link Copied

3 days Grace period is honoured by some banks. My brother once paid icici bill 2 days after due date. Cibil is clean. Nothing reported. Point to be noted payment done was through cred so it’s instant settlement.

https://www.desidime.com/discussions/is-it-fine-for-credit-card-bill-to-pay-in-last-date-or-a-day-after?page=1#post_8383651

MrKool_JJ

2022-04-16

Link Copied

@Luciferofhell

https://www.desidime.com/discussions/is-it-fine-for-credit-card-bill-to-pay-in-last-date-or-a-day-after?page=1#post_8381782

kkrulesdnation

2022-04-15

Link Copied

Only in case of emergency. Otherwise its not advisable to pay on last date or late

https://www.desidime.com/discussions/is-it-fine-for-credit-card-bill-to-pay-in-last-date-or-a-day-after?page=1#post_8381790

bhopali91355

2022-04-15

Link Copied

Grace period is not applicable in all bank, sometimes they can deny you the grace period if you have regularly done grace period payment in past.

https://www.desidime.com/discussions/is-it-fine-for-credit-card-bill-to-pay-in-last-date-or-a-day-after?page=1#post_8381792

bohemian

2022-04-15

Link Copied

They deny but its applicable as per RBI across banks. So one can approach RBI. Banks have to comply with regulator

https://www.desidime.com/discussions/is-it-fine-for-credit-card-bill-to-pay-in-last-date-or-a-day-after?page=1#post_8381948

rahulsoni0706846

2022-04-15

Link Copied

I don’t understand why some people want to deliberately use grace period for bill payment there is a reason a due date is mentioned in bill imo one should pay his bills before on due date, grace period should only be used for payments that stuck or didn’t process on time i.e, one made payment but it doesn’t reflected to card on time

https://www.desidime.com/discussions/is-it-fine-for-credit-card-bill-to-pay-in-last-date-or-a-day-after?page=1#post_8382230

demerius2020

2022-04-16

Link Copied

because we can

freedom is a virtue that slaves dont 'understand'

View 2 more replies

https://www.desidime.com/discussions/is-it-fine-for-credit-card-bill-to-pay-in-last-date-or-a-day-after?page=1#post_8744690

sam21500873

2022-10-03

Link Copied

Can anybody plz tell how much time it takes for cc payment done on Paytm to reflect in card , except sbi which is instant, How much time in case of other banks