Alert: Paying only the "Minimum Amount Due" is a debt trap. Interest (36-42% p.a.) keeps accumulating on the balance.

RBI Awareness ↗

Minimum Due Trap

See how long it takes to become debt-free

Credit Cards usually charge 3.5% per month (42% p.a.).

If you pay only Minimum Due...

Time to Clear Debt -
Total Interest Paid -
Total Payment -
Verdict
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