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HDFC Bank has revised the charges for late payment of credit card bill with effect from April 1, 2019. The late payment charges will be applicable for all cards expect Infinia.
The late payment charges are as follows:
The private lender, in its notification, said that the credit card holders can also opt for the revolving credit facility. That is, the card member can choose to only pay the Minimum Due Amount and the outstanding credit amount will be carried forward. The mimimum amount due should be paid by the due date to avoid late payment fee.
Click here to view the complete notification of the HDFC Bank on the late payment charges on credit cards.
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