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Credit Card payment Grace Period rules | RBI guideline for Credit Card Payment | Tech Studio

Credit Card payments Grace Period | Have you missed the Credit Card payment deadline? | RBI guideline for Credit Card Payment. #creditcard #financenews #creditcardnews TOPIC COVERED How many days grace for credit card payment? How many days late can I be on a credit card payment? What is the grace period for paying off credit card? What is the due date for credit card payment? Is it good to pay credit card on due date? What if I pay my credit card bill one day after the due date? The Reserve Bank of India (RBI), in its 2022 "Master Direction," announced that credit card issuers can mark an account as "Past due" to credit information agencies and charge a penalty only if the credit card remains "Past due" for over three days. Under the previous system, credit cardholders were required to settle their outstanding balances on or before the due date mentioned on their monthly statements. Failure to do so often resulted in steep penalties, late fees, and even a negative impact on their credit scores. However, with the RBI's new directive, customers now have an additional three-day grace period to make their payments without incurring any extra charges. ----------------------------- MY YOUTUBE GEAR SETUP ⟶ My Camera : https://amzn.to/2WjnNlQ / http://fkrt.it/9uKotWuuuN ⟶ My wired Mic : https://amzn.to/3lSlXzV / http://fkrt.it/9uz2lduuuN ⟶ Condenser Mic: https://amzn.to/3zNZ3jc / http://fkrt.it/9weuDduuuN ⟶ My Studio Lights : https://amzn.to/3zONgB3 / http://fkrt.it/EVe7RvNNNN ⟶ My Laptop: https://amzn.to/3zJ72ya / http://fkrt.it/EVRnqlNNNN ⟶ My Tripod : https://amzn.to/2IWvcjQ / http://fkrt.it/90jpO8uuuN ⟶ My Smartphone : https://amzn.to/3i8h9q0 / http://fkrt.it/9eAxEWuuuN ⟶ My Studio Green Screen : https://amzn.to/2HkkXW3 / http://fkrt.it/9RyVoRuuuN ⟶ My Smartphone : https://amzn.to/3lSxxuG / http://fkrt.it/ZLfmLRuuuN ⟶ My Studio Green Screen : https://amzn.to/2HkkXW3 / http://fkrt.it/i2nCnCNNNN ----------------------------- JOIN US ON SOCIAL MEDIA ⟶ Telegram: https://t.me/AzharSabri ⟶ Twitter:   / theazharsabri   ⟶ Facebook:   / theazharsabri   ⟶ Instagram:   / theazharsabri   PLEASE DO LIKE, SUBSCRIBE, SHARE & COMMENT. ----------------------------- NOTE: All content is copyright to Tech Studio, Use of content without proper authorization is not allowed.