Penalty for late payment of credit card bill
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Hi dimers. I hold rbl credit card. I paid due amount 165 (but actually it was 165.50) immediately after getting statement on 21st Nov23. I didn't use the card in dec23 & came to know about penalty for not paying full bill on 21st Dec23. Actually billed amount was 165.50 but i mistakely paid 50 paisa less. I have written emails to bank but getting generic & non specific reply. Upon contacting higher officials, there is no reply. I am mainly concerned about credit score so want this to reverse. What should i do now? Please help.
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Most banks don't charge penalty or report default If the outstanding is less than 100rs. Pay another 10 rupees now. There won't any problem usually.
As the due amount was less in decimal (165.5) so i hurriedly paid 165 without seeing decimals. I have paid the penalty amount immediately with request to not reporting as late to credit beuros.
read this too https://ddime.i...GE
Same story! Omg! Glad that it didn't hit credit score.
Try requesting if not threaten to close the card
Thanks for reply. I will do that later for sure. Just concerned about cibil hit.
No, they will not report it to the credit bureau., as minimum due was already paid.
Ohk. Now i got it. So i need not care now. Thanks for explaining.
Question of CIBIL hit arises only when we fail to pay even the minimum amount due before due date even if 3 days Grace is ignored for a while and in your case you have cleared more than the minimum due, isn't it, so CIBIL hit doesn't arise at all @samss
Thanks for explaining.
surrender card and your problem will be solved without card getting surrendered.