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

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Generous
demerius2020

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

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

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

Generous Generous
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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.

Critic Critic
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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.

Benevolent Benevolent
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@Luciferofhell

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

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

Helpful Helpful
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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
Generous Generous
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because we can 


freedom is a virtue that slaves dont 'understand'

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Deal Cadet Deal Cadet
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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
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