What is the minimum amount due?
The minimum amount due is the smallest payment that keeps a credit card account regular and avoids a late fee. Most Indian banks take about 5% of the outstanding balance, plus in full any EMIs billed on the card, the interest, fees and GST for the cycle, and any amount over the credit limit.
Example: on a bill of ₹50,000 that includes a ₹3,000 card EMI and ₹1,500 of charges, the minimum due is 5% of ₹45,500 (₹2,275) + ₹3,000 + ₹1,500 = ₹6,775.
Why paying only the minimum is expensive
Interest keeps running on everything you don't pay — often 3–3.75% a month, plus 18% GST on that interest — and new purchases lose the interest-free period. If ₹50,000 is cleared only through 5% minimum payments at 3.5% a month, it takes about 23 years and costs about ₹1.81 lakh in interest and GST.
Overdue loan: amount to regularise
When loan EMIs are missed, the account must pay all overdue EMIs plus penal charges and bounce charges to become regular again. Lenders classify overdue accounts by days past due (DPD): SMA-0 (1–30 days), SMA-1 (31–60 days), SMA-2 (61–90 days) and NPA (more than 90 days).
Example: with an EMI of ₹10,000 and 3 EMIs unpaid (about 90 DPD), 24% p.a. penal charge and ₹590 bounce charge per EMI, the amount to regularise is about ₹32,954 — ₹30,000 of EMIs and ₹2,954 of charges.