Hello Team,
I have a query around payment of credit card bills.
Suppose my fd is of 30k, now today i spent 25k from credit card, then later that day i did the cc payment of 25k… So will that allow my limit again back to 30k? Or i have to wait till the new billing cycle to get my limit renewed again?
Also wanted to know different ways i can use to make CC payment and how soon it reflect in the system
Hi @mayur_singh_taunk ,
You can use up to 2.5 times the FD amount for POS and ECOM transactions within a billing cycle by paying the outstanding balance.
If you have an FD of INR 30,000 then you can use INR 75,000 (POS and ECOM) in a billing cycle by paying the outstanding.
for the ATM withdrawals you can within only 30,000 in a billing cycle as you have a FD of INR 30,000.
Payments typically reflect in the system within a few hours, but in some cases, it might take up to 24 hours. If you need any further assistance or have additional questions, feel free to reach out.
