Missed SBI credit card due date

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Deal Subedar
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Yesterday (6th Jan 20) is my due date for SBI Credit card bill payment.
I have a very bad habit of paying full bill amount on last date.
i paid the due amount in 2 transactions from amazon upi for Jugaad of cash back on 6th Jan 20 ( Night )
Now both the transactions are still in pending state ( Don’t Know Why )…………

Is there any grace period after DUE date for SBI Credit card?
or shall i pay again now ?
if already it is late, any idea How much late fee/extra they will charge ???

Please share your experiences / thoughts on this………..

30 Comments  |  
18 Dimers
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Deal Cadet
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SBI gives 3 days grace period as permitted by RBI. You do not have to worry.

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Deal Cadet
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If incase  once you r charged the hefty fees for dishonour of payment call sbi they have a policy, they will reverse all charges and remember there are some charges that they charge within 2 to 3 days and additional charge aftr 7 days or so, u need to call them whenever u get charged as they charge under different categories as finance charge late payment charge gst

So don’t worry as this is your first time this year smiley

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Deal Subedar
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DaBomb wrote:

SBI gives 3 days grace period as permitted by RBI. You do not have to worry.

Are banks(here SBI) really following these rules….!!!!!
If Yes and as you said, i will be safe then…..
Thanks for u r info

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Deal Subedar
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Aashiqhussain wrote:

If incase  once you r charged the hefty fees for dishonour of payment call sbi they have a policy, they will reverse all charges and remember there are some charges that they charge within 2 to 3 days and additional charge aftr 7 days or so, u need to call them whenever u get charged as they charge under different categories as finance charge late payment charge gst

So don’t worry as this is your first time this year smiley

I will sure call the customer care if they charge me….
Thanks for the suggestion.
As you said “First time this year”,
Does SBI allow one time in a year these kind of late payments in a account??

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Entertainer
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Rbi Governor reh chuke he aap aur bhul gye?🤔
Repo rate badhana to nhi bhule aap kbhi😑.
Chill. And as above experienced said call cc and inform

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raghuramn wrote:

I will sure call the customer care if they charge me….
Thanks for the suggestion.
As you said “First time this year”,
Does SBI allow one time in a year these kind of late payments in a account??

Yes they give waiver once in a year.

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P_A_N_K_A_J wrote:

Rbi Governor reh chuke he aap aur bhul gye?🤔
Repo rate badhana to nhi bhule aap kbhi😑.
Chill. And as above experienced said call cc and inform

Bro i am not good at Hindi….
it took some time to catch your witty….
thanks for the support

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Deal Subedar
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If this is your first mistake. Then SBI has 1 time pardon policy. Tell them that u didn’t know the rules and norms. And please reverse my fee and taxes.
I am saying this from my personal experience

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Deal Subedar
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MrKool_JJ wrote:

Use CRED wink

Used CRED for other CC’s…..
exhausted 1000 & 5000 cashback cards…..
Trusted Amazon for immediate transfer of payment….
As my past experience with Amazon and CRED are amazing……
This time my luck and bad habit(paying on due date) screwed me!!!!!!

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Wander-lust wrote:

If this is your first mistake. Then SBI has 1 time pardon policy. Tell them that u didn’t know the rules and norms. And please reverse my fee and taxes.
I am saying this from my personal experience

Surely will do it Bro….
But Amazon still holding my payment….
Pending since 24 hours…..
Don’t know what is wrong….
for crosschecking i made payment of Rs 1000/- from CRED today afternoon,
it got instantly transferred to my card account and showing in unbilled transactions.

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Deal Lieutenant
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raghuramn wrote:

Used CRED for other CC’s…..
exhausted 1000 & 5000 cashback cards…..
Trusted Amazon for immediate transfer of payment….
As my past experience with Amazon and CRED are amazing……
This time my luck and bad habit(paying on due date) screwed me!!!!!!

Bad luck bro cry
You should have gone for Cred itself yesterday..

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MrKool_JJ wrote:

Bad luck bro cry
You should have gone for Cred itself yesterday..

Jugaad Jugaad Jugaad Jugaad Jugaad Jugaad
Cashback ka Jugaad………..
for sake of Rs 50/- and Rs 25/- ( Two offers in my account )
and my trust on Amazon made me do this….
Still i trust amazon maybe this is one in 1000 case (as my luck)

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Critic
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never use 3rd party options on last day. if its last day, always go for direct NEFT

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Deal Newbie
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raghuramn wrote:

Surely will do it Bro….
But Amazon still holding my payment….
Pending since 24 hours…..
Don’t know what is wrong….
for crosschecking i made payment of Rs 1000/- from CRED today afternoon,
it got instantly transferred to my card account and showing in unbilled transactions.

Amazon use neft for settlement and will take atleast 2-3 days while cred use instant payment.

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panchabhut wrote:

never use 3rd party options on last day. if its last day, always go for direct NEFT

This when will people understand the simple golden rule rolleyes
Last day = Direct payment

4-5 days = Cred/mobikwik etc

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mv3qu66Da wrote:

Amazon use neft for settlement and will take atleast 2-3 days while cred use instant payment.

for me, amazon payment by NEFT was always credited on the same day. used for Citi and Indusind

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Deal Cadet
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raghuramn wrote:

Bro i am not good at Hindi….
it took some time to catch your witty….
thanks for the support

Yes, people here start Hindi with everyone thinking everyone will understand! But, these should know– even if Hindi is National language, most don’t understand.. and Google is not always correct!!

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Deal Cadet
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Once I also got a late fee but I called them and they refunded. So, don’t worry.

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SastaRaju wrote:

This when will people understand the simple golden rule rolleyes
Last day = Direct payment

4-5 days = Cred/mobikwik etc

4-5 days = Cred
5-7 days = mobikwik
rolleyes

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Chargefree wrote:

Yes, people here start Hindi with everyone thinking everyone will understand! But, these should know– even if Hindi is National language, most don’t understand.. and Google is not always correct!!

As per Constitution of India there is no single “National Language” of India. All major languages have been given equal status under the constitution and they are all National Languages. Hindi is one of the National Languages but not the only one.
Hindi is the Official Language of the Union of India (Central Govt). Please do keep in mind the difference between National Language and Official Language and kindly do not post anything that is contrary to the Constitution of India.

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Deal Cadet
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I have practice that whenever i got bill immediately i pay min amount. Balance 3-4 days b4 due date

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mv3qu66Da wrote:

Amazon use neft for settlement and will take atleast 2-3 days while cred use instant payment.

Now Amazon uses UPI
I recently checked my ICICI statement amazon cc payments are shown as received via UPI

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panchabhut wrote:

As per Constitution of India there is no single “National Language” of India. All major languages have been given equal status under the constitution and they are all National Languages. Hindi is one of the National Languages but not the only one.
Hindi is the Official Language of the Union of India (Central Govt). Please do keep in mind the difference between National Language and Official Language and kindly do not post anything that is contrary to the Constitution of India.

I just meant people here want you to converse in Hindi (irrespective, you understand it or not, they will start in Hindi.)

I’m not against this… just couldn’t understand most conversations.

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shreyu2105 wrote:

I have practice that whenever i got bill immediately i pay min amount. Balance 3-4 days b4 due date

Even If we pay min amount on statement date and delay the rest of amount from due date by 2 to 3 days?
it will attract penalty right?

Any Advantage of paying min amount on statement date ?

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Deal Cadet
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aswaniexpress wrote:

Even If we pay min amount on statement date and delay the rest of amount from due date by 2 to 3 days?
it will attract penalty right?

Any Advantage of paying min amount on statement date ?

It will not attract penalty, it will attract interest only.

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shreyu2105 wrote:

It will not attract penalty, it will attract interest only.

yup, it will attract interest only from the txn date for all txns (not statement generation date).

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Deal Cadet
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Usually the credit date will be amazon txn date. Did it get credited?

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Deal Cadet
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As soon as I received a statement, I usually schedule NEFT from my bank account one day before the due date.

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