IMS Pay India is one of the leading DMT service provider company. We empower customers to easily, quickly and hassle-free access all payment services.
A Credit Card is a cash-free payment instrument that assists you with taking care of your day-to-day expenses, repeating costs, and here and there periodic costs. It gives the freedom to appreciate without interest times of 45 to 50 days. It very well may be utilized for disconnected payments and online payments. A Credit Card should cover the bill following 21 to 25 days from the date of bill age however the client can likewise pay it before the due date. To keep a decent FICO rating, one ought to try not to cover charge card bills after the due date.
In some cases, it may be a close miss of the Credit Card payment due date particularly when you are shuffling between your day-to-day errands. You could miss the due date, yet what is significant is to understand what interest you'll need to pay in such situations.
Assuming you miss the payment due date, you might confront a charge of interest which is determined day to day alongside 18% GST on the interest sum according to the public authority standards, even new card exchanges begin drawing in interest charges until all duties are cleared. Sadly, a missed Credit Card payment accompanies costly results. Moreover, you ought to stay away from any new card exchanges as the without interest period stands removed on the non-payment of the whole Visa contribution.
With IMS Pay India, you get convenient payment updates so you never miss the Credit Card bill payment due date and make payments without any problems.