WebApr 13, 2024 · But in 1752, the English government agreed to start the new year on January 1. The accountants felt that changing the date would be unjust and rebelled against it. Hence, the financial year continued to be followed from April 1. The April-March financial year aligns with the agricultural harvest cycle in India. WebJan 19, 2024 · Here is everything you need to know about using an HDFC credit card. How to redeem rewards, how to pay credit card bills, how to clock a card and more. ... Due Date: Though a credit card statement is generated on the last day of your billing cycle, the due date is usually 15-20 days after the statement date. For example, if your statement …
Things to Check in Credit Card Statement HDFC Bank
WebOct 8, 2024 · If you are an HDFC bank credit card user, you know, you have a credit card billing cycle - it is assigned by the bank when you get the card approval. Usuall... WebIt's very simple, focus on highest credit utilisation. If you've a limit of say 1 lac, plan your purchases & spend 1 lac in a statement cycle. Now your highest credit will be 1 lac. From next cycle your utilization = credit utilized ÷ highest credit so if 10000 then 10k ÷ 1 lac = 10%. Bingo you've gamed the rigged hdfc algorithm. high heat oring
How to manage your credit card billing cycle efficiently
WebApr 12, 2024 · A. HDFC Bank does not charge any interest or fee on these cards if the payment is made on or before the due date. However, if you fail to do so, an interest rate of 2.95% p.m. (35.4% p.a.) will be applied on the Purchase Cards & Select Corporate Cards. However, Corporate Credit Card comes with an interest rate of 3.49% p.m. (41.88% p.a.). WebAug 29, 2024 · The payment deadline is normally 21–25 days from the date of the statement or following the conclusion of the billing cycle. The interest-free credit period or grace period made available by your card issuer is the time frame between the billing date and the payment due date. Thus, the due date is determined by the length of the credit card ... WebVideo Details:In This Video I Discuss about How to check hdfc bank credit card bill date due date and minimum due.HDFC Bank ke credit card ka bill date and d... high heat on non-stick cookware