IndusInd Bank Credit Cards Interest Rate

IndusInd Bank charges interest on the unpaid balance of your credit card bill or if you pay only the minimum amount due for the month. Interest is also applicable when you withdraw cash from an ATM. 

Here, you can check out the monthly and annual interest rates of IndusInd Bank credit cards available on Bajaj Markets.

You can use your credit card wisely when you know when interest is applicable. When you pay off the total due amount before the interest-free period ends, you can use your card without attracting any interest charges.

Here are the instances where interest applies: 

• When you do not pay the total amount due by the due date

• When you pay only the minimum amount due by the due date (interest applies on the total amount due)

• When you withdraw cash from an ATM, interest will apply from the day of withdrawal until full repayment

Understanding how interest applies to your transactions can help you plan your budget and use your card better. Take a look at how interest is charged on IndusInd Bank credit cards:

Apart from the credit card interest rate of IndusInd Bank, keep other charges in mind. These are based on your use of certain facilities like using your card outside India or spending over the limit.

Here is a list of other charges that apply to credit cards from this issuer:

When interest payments are unavoidable, try to repay the outstanding amount as quickly as you can. This will help minimise accumulating interest. The easiest way to eliminate interest is to develop good credit habits. 

Some of these include: 

• Making bill payments within the due date or at the latest, within the grace period

• Planning to settle bills in advance by allocating funds on time 

• Paying the total amount due every time instead of just the minimum amount due 

• Changing your billing cycle to coincide with your salary or earnings

• Using the cash advance facility prudently

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.