There is a big setback for the customers of ICICI Bank. From February 10, it has been decided to increase the check return, cash advance transaction, late payment fee, auto debit return fee. According to the information given by the bank to the customers, the credit card holder will have to pay 2.50% of the full amount on cash advance of Rs 500 or more. At the same time, on returning the check, the bank will charge 2% of the entire amount.
Apart from this, ICICI Bank has increased the credit card late payment fee. If you have to pay 100 rupees then in that case bank will not charge you any fee. Whereas more than this you will have to pay a charge. The bank will charge a maximum of Rs 1200 for late payment, it is on the amount of 50 thousand or more. Let us tell you, if you pay with ICICI Bank Emerald Credit Card, then you will not have to pay any charges.
HDFC Bank, SBI Card and Axis Bank are charging Rs 1300, Rs 1300 and Rs 1000 charges for late payment respectively. This charge is on the amount of 50 thousand or more.
Increase in credit card customers
According to the latest data from the Reserve Bank of India, there has been an increase of 1.84% in the number of credit card users in November as compared to October. At the same time, 2% in October was an increase of 1.7% in September. While credit spending declined by 11.6% in November
