What is the minimum amount to pay in RBL credit card?
What is the minimum amount to pay in RBL credit card?
Failure of payment of Minimum Amount Due Rs. 500 (5\% of the total outstanding amount, 10,000) by 26 July will result in accumulation of interest as well as late payment fee. The interest will be applied on a per-day basis from the date of transaction until it is paid off.
Is RBL safe for FD?
Investing in a fixed deposits with the highest rating of AAA, rated by ICRA and CRISIL, is a reliable investment option. Thus, RBL Bank term deposit is safe and secure, as the funds are backed by the government no matter what the current situation of the Bank is.
What is min payment in credit card?
“The minimum amount due on a credit card is the minimum amount you are required to pay, on or before the payment due date, to ensure that you do not have to pay late fees.” By calculating a minimum amount, the bank ensures you can repay a portion of the principal outstanding every month.
What is minimum balance for credit card?
Credit card issuers tend to set minimum payment requirements at rock-bottom levels. You’ll generally owe either a fixed amount — often $25 — or a percentage of the balance, whichever’s greater. Some cards require you to pay only 1\% or 2\% of the balance each month, plus any fees and accrued interest.
What is the minimum balance in RBL bank?
Highlights
| Bank | RBL |
|---|---|
| Category | Prime Savings Account |
| Minimum Balance Requirement | Metro/Urban- Rs. 5, 000 Semi-rural- Rs. 2,500 Rural- Rs. 1, 000 |
| Interest Rate | 5.1\% per annum |
| Card Offered | ATM Debit Card (Domestic and International) |
What is the interest rate of FD in RBL bank?
RBL Domestic Fixed Deposit Rates: Up to Rs. 3 crore
| Period of Deposit | Interest Rates p.a. | Senior Citizen Interest Rates p.a. |
|---|---|---|
| 91 days to 180 days | 4.50\% | 5.00\% |
| 181 days to 240 days | 5.00\% | 5.50\% |
| 241 days to 364 days | 5.40\% | 5.90\% |
| 12 months to less than 24 months | 6.10\% | 6.60\% |