Indusind Bank issued credit card on 10th dec 2016, Before 30th dec 2016, I used it for 3 purchases of amount Rs22,610/-. Fist bill on 5/1/17. Payment due date is 25/1/17. Statement period is 6/12/16 to 5/1/17. Minimum amt Due is Rs4571.77. Purchase & other charges is Rs.26675.52. Payment & other charges Rs12485. Total amount due is Rs14190.52 & total outstanding is Rs22191.32. My Question is 1. for usage of Rs22,610 ( 11937 548 10125), why Rs 26675.52 ? 2. Why the Total amount due is Rs14190.52? 3. Why should i Pay Rs4571.77 as a Principal interest on the over all amount? Bank has converted my part of the Transaction Rs11937 into EMI with 13%interest charges Installment 1/3. . Why are they dividing the total usage amount into parts and levying the Interest Rate on it ? I do have other bank Credit card, where in I pay Interest for the period of the total due which is very less . For eg, for Rs. 17000, min amount due which is called interest Rs 800 is compulsory to pay and principal amount is as per my convince. But IndusInd Bank is Demanding principal Interest on Credit card Like a Loan collection pattern and not allowing the customer to enjoy its facilities Its Pinching my Pocket. I already made payment of 4500 100=2000 also. now outstanding is Rs 14000/-. still they amke unsoliciated calls for principal amount. not used this card after 3 transactions.Please help me out.
Indusind Bank issued credit card on 10th dec 2016, Before 30th dec 2016, I used it for 3 purchases of amount Rs22,610/-. Fist bill on 5/1/17. Payment due date is 25/1/17. Statement period is 6/12/16 to 5/1/17. Minimum amt Due is Rs4571.77. Purchase & other charges is Rs.26675.52. Payment & other charges Rs12485. Total amount due is Rs14190.52 & total outstanding is Rs22191.32. My Question is 1. for usage of Rs22,610 ( 11937 548 10125), why Rs 26675.52 ? 2. Why the Total amount due is Rs14190.52? 3. Why should i Pay Rs4571.77 as a Principal interest on the over all amount? Bank has converted my part of the Transaction Rs11937 into EMI with 13%interest charges Installment 1/3. . Why are they dividing the total usage amount into parts and levying the Interest Rate on it ? I do have other bank Credit card, where in I pay Interest for the period of the total due which is very less . For eg, for Rs. 17000, min amount due which is called interest Rs 800 is compulsory to pay and principal amount is as per my convince. But IndusInd Bank is Demanding principal Interest on Credit card Like a Loan collection pattern and not allowing the customer to enjoy its facilities Its Pinching my Pocket. I already made payment of 4500 100=2000 also. now outstanding is Rs 14000/-. still they amke unsoliciated calls for principal amount. not used this card after 3 transactions.Please help me out.
Indusind Bank issued credit card on 10th dec 2016, Before 30th dec 2016, I used it for 3 purchases of amount Rs22,610/-. Fist bill on 5/1/17. Payment due date is 25/1/17. Statement period is 6/12/16 to 5/1/17. Minimum amt Due is Rs4571.77. Purchase & other charges is Rs.26675.52. Payment & other charges Rs12485. Total amount due is Rs14190.52 & total outstanding is Rs22191.32. My Question is 1. for usage of Rs22,610 ( 11937 548 10125), why Rs 26675.52 ? 2. Why the Total amount due is Rs14190.52? 3. Why should i Pay Rs4571.77 as a Principal interest on the over all amount? Bank has converted my part of the Transaction Rs11937 into EMI with 13%interest charges Installment 1/3. . Why are they dividing the total usage amount into parts and levying the Interest Rate on it ? I do have other bank Credit card, where in I pay Interest for the period of the total due which is very less . For eg, for Rs. 17000, min amount due which is called interest Rs 800 is compulsory to pay and principal amount is as per my convince. But IndusInd Bank is Demanding principal Interest on Credit card Like a Loan collection pattern and not allowing the customer to enjoy its facilities Its Pinching my Pocket. I already made payment of 4500 100=2000 also. now outstanding is Rs 14000/-. still they amke unsoliciated calls for principal amount. not used this card after 3 transactions.Please help me out.
Indusind Bank issued credit card on 10th dec 2016, Before 30th dec 2016, I used it for 3 purchases of amount Rs22,610/-. Fist bill on 5/1/17. Payment due date is 25/1/17. Statement period is 6/12/16 to 5/1/17. Minimum amt Due is Rs4571.77. Purchase & other charges is Rs.26675.52. Payment & other charges Rs12485. Total amount due is Rs14190.52 & total outstanding is Rs22191.32. My Question is 1. for usage of Rs22,610 ( 11937 548 10125), why Rs 26675.52 ? 2. Why the Total amount due is Rs14190.52? 3. Why should i Pay Rs4571.77 as a Principal interest on the over all amount? Bank has converted my part of the Transaction Rs11937 into EMI with 13%interest charges Installment 1/3. . Why are they dividing the total usage amount into parts and levying the Interest Rate on it ? I do have other bank Credit card, where in I pay Interest for the period of the total due which is very less . For eg, for Rs. 17000, min amount due which is called interest Rs 800 is compulsory to pay and principal amount is as per my convince. But IndusInd Bank is Demanding principal Interest on Credit card Like a Loan collection pattern and not allowing the customer to enjoy its facilities Its Pinching my Pocket. I already made payment of 4500 100=2000 also. now outstanding is Rs 14000/-. still they amke unsoliciated calls for principal amount. not used this card after 3 transactions.Please help me out.
Indusind Bank issued credit card on 10th dec 2016, Before 30th dec 2016, I used it for 3 purchases of amount Rs22,610/-. Fist bill on 5/1/17. Payment due date is 25/1/17. Statement period is 6/12/16 to 5/1/17. Minimum amt Due is Rs4571.77. Purchase & other charges is Rs.26675.52. Payment & other charges Rs12485. Total amount due is Rs14190.52 & total outstanding is Rs22191.32. My Question is 1. for usage of Rs22,610 ( 11937 548 10125), why Rs 26675.52 ? 2. Why the Total amount due is Rs14190.52? 3. Why should i Pay Rs4571.77 as a Principal interest on the over all amount? Bank has converted my part of the Transaction Rs11937 into EMI with 13%interest charges Installment 1/3. . Why are they dividing the total usage amount into parts and levying the Interest Rate on it ? I do have other bank Credit card, where in I pay Interest for the period of the total due which is very less . For eg, for Rs. 17000, min amount due which is called interest Rs 800 is compulsory to pay and principal amount is as per my convince. But IndusInd Bank is Demanding principal Interest on Credit card Like a Loan collection pattern and not allowing the customer to enjoy its facilities Its Pinching my Pocket. I already made payment of 4500 100=2000 also. now outstanding is Rs 14000/-. still they amke unsoliciated calls for principal amount. not used this card after 3 transactions.Please help me out.
Indusind Bank issued credit card on 10th dec 2016, Before 30th dec 2016, I used it for 3 purchases of amount Rs22,610/-. Fist bill on 5/1/17. Payment due date is 25/1/17. Statement period is 6/12/16 to 5/1/17. Minimum amt Due is Rs4571.77. Purchase & other charges is Rs.26675.52. Payment & other charges Rs12485. Total amount due is Rs14190.52 & total outstanding is Rs22191.32. My Question is 1. for usage of Rs22,610 ( 11937 548 10125), why Rs 26675.52 ? 2. Why the Total amount due is Rs14190.52? 3. Why should i Pay Rs4571.77 as a Principal interest on the over all amount? Bank has converted my part of the Transaction Rs11937 into EMI with 13%interest charges Installment 1/3. . Why are they dividing the total usage amount into parts and levying the Interest Rate on it ? I do have other bank Credit card, where in I pay Interest for the period of the total due which is very less . For eg, for Rs. 17000, min amount due which is called interest Rs 800 is compulsory to pay and principal amount is as per my convince. But IndusInd Bank is Demanding principal Interest on Credit card Like a Loan collection pattern and not allowing the customer to enjoy its facilities Its Pinching my Pocket. I already made payment of 4500 100=2000 also. now outstanding is Rs 14000/-. still they amke unsoliciated calls for principal amount. not used this card after 3 transactions.Please help me out.
Indusind Bank issued credit card on 10th dec 2016, Before 30th dec 2016, I used it for 3 purchases of amount Rs22,610/-. Fist bill on 5/1/17. Payment due date is 25/1/17. Statement period is 6/12/16 to 5/1/17. Minimum amt Due is Rs4571.77. Purchase & other charges is Rs.26675.52. Payment & other charges Rs12485. Total amount due is Rs14190.52 & total outstanding is Rs22191.32. My Question is 1. for usage of Rs22,610 ( 11937 548 10125), why Rs 26675.52 ? 2. Why the Total amount due is Rs14190.52? 3. Why should i Pay Rs4571.77 as a Principal interest on the over all amount? Bank has converted my part of the Transaction Rs11937 into EMI with 13%interest charges Installment 1/3. . Why are they dividing the total usage amount into parts and levying the Interest Rate on it ? I do have other bank Credit card, where in I pay Interest for the period of the total due which is very less . For eg, for Rs. 17000, min amount due which is called interest Rs 800 is compulsory to pay and principal amount is as per my convince. But IndusInd Bank is Demanding principal Interest on Credit card Like a Loan collection pattern and not allowing the customer to enjoy its facilities Its Pinching my Pocket. I already made payment of 4500 100=2000 also. now outstanding is Rs 14000/-. still they amke unsoliciated calls for principal amount. not used this card after 3 transactions.Please help me out.
Indusind Bank issued credit card on 10th dec 2016, Before 30th dec 2016, I used it for 3 purchases of amount Rs22,610/-. Fist bill on 5/1/17. Payment due date is 25/1/17. Statement period is 6/12/16 to 5/1/17. Minimum amt Due is Rs4571.77. Purchase & other charges is Rs.26675.52. Payment & other charges Rs12485. Total amount due is Rs14190.52 & total outstanding is Rs22191.32. My Question is 1. for usage of Rs22,610 ( 11937 548 10125), why Rs 26675.52 ? 2. Why the Total amount due is Rs14190.52? 3. Why should i Pay Rs4571.77 as a Principal interest on the over all amount? Bank has converted my part of the Transaction Rs11937 into EMI with 13%interest charges Installment 1/3. . Why are they dividing the total usage amount into parts and levying the Interest Rate on it ? I do have other bank Credit card, where in I pay Interest for the period of the total due which is very less . For eg, for Rs. 17000, min amount due which is called interest Rs 800 is compulsory to pay and principal amount is as per my convince. But IndusInd Bank is Demanding principal Interest on Credit card Like a Loan collection pattern and not allowing the customer to enjoy its facilities Its Pinching my Pocket. I already made payment of 4500 100=2000 also. now outstanding is Rs 14000/-. still they amke unsoliciated calls for principal amount. not used this card after 3 transactions.Please help me out.
Indusind Bank issued credit card on 10th dec 2016, Before 30th dec 2016, I used it for 3 purchases of amount Rs22,610/-. Fist bill on 5/1/17. Payment due date is 25/1/17. Statement period is 6/12/16 to 5/1/17. Minimum amt Due is Rs4571.77. Purchase & other charges is Rs.26675.52. Payment & other charges Rs12485. Total amount due is Rs14190.52 & total outstanding is Rs22191.32. My Question is 1. for usage of Rs22,610 ( 11937 548 10125), why Rs 26675.52 ? 2. Why the Total amount due is Rs14190.52? 3. Why should i Pay Rs4571.77 as a Principal interest on the over all amount? Bank has converted my part of the Transaction Rs11937 into EMI with 13%interest charges Installment 1/3. . Why are they dividing the total usage amount into parts and levying the Interest Rate on it ? I do have other bank Credit card, where in I pay Interest for the period of the total due which is very less . For eg, for Rs. 17000, min amount due which is called interest Rs 800 is compulsory to pay and principal amount is as per my convince. But IndusInd Bank is Demanding principal Interest on Credit card Like a Loan collection pattern and not allowing the customer to enjoy its facilities Its Pinching my Pocket. I already made payment of 4500 100=2000 also. now outstanding is Rs 14000/-. still they amke unsoliciated calls for principal amount. not used this card after 3 transactions.Please help me out.
Indusind Bank issued credit card on 10th dec 2016, Before 30th dec 2016, I used it for 3 purchases of amount Rs22,610/-. Fist bill on 5/1/17. Payment due date is 25/1/17. Statement period is 6/12/16 to 5/1/17. Minimum amt Due is Rs4571.77. Purchase & other charges is Rs.26675.52. Payment & other charges Rs12485. Total amount due is Rs14190.52 & total outstanding is Rs22191.32. My Question is 1. for usage of Rs22,610 ( 11937 548 10125), why Rs 26675.52 ? 2. Why the Total amount due is Rs14190.52? 3. Why should i Pay Rs4571.77 as a Principal interest on the over all amount? Bank has converted my part of the Transaction Rs11937 into EMI with 13%interest charges Installment 1/3. . Why are they dividing the total usage amount into parts and levying the Interest Rate on it ? I do have other bank Credit card, where in I pay Interest for the period of the total due which is very less . For eg, for Rs. 17000, min amount due which is called interest Rs 800 is compulsory to pay and principal amount is as per my convince. But IndusInd Bank is Demanding principal Interest on Credit card Like a Loan collection pattern and not allowing the customer to enjoy its facilities Its Pinching my Pocket. I already made payment of 4500 100=2000 also. now outstanding is Rs 14000/-. still they amke unsoliciated calls for principal amount. not used this card after 3 transactions.Please help me out.
