Nowadays all people resort to credit cards to fulfill their needs. With a credit card, you can fulfill your need on time and you can easily pay it to the bank later.
New Delhi: Nowadays all people resort to credit card to fulfill their needs. With a credit card, you can fulfill your need on time and you can easily pay it to the bank later. Let me tell you that the payment of credit card bill can also be made in monthly installments (EMI). If you choose the option of EMI, then before that you must take care of some things. Let us tell you- Let
me tell you , you can convert your credit card balance into a loan. In this case you get more time to pay the dues. This also has less impact on your credit score. This is the best option for customers who are unable to pay their credit card on time.
7th Pay Commission: Preparation of gifts to central employees on Holi, this may be big announcement
bank. Interest will be paid if you pay the credit card within the stipulated time, then you do not have to pay any extra interest. However, if you change the amount of the bill into EMI, then you will have to pay interest to the bank. The customer has to pay these charges if you pay your credit card through EMI, then you have to pay many types of charges in paying the credit card bill. In addition to the interest, processing fees, prepayment charge and GST are also imposed, which the customer has to pay. EMI is a good option
EMI is a good option for buying any goods or paying bills because you do not have to pay a huge amount in one stroke. Yes, but if you select a longer EMI, then the bank has to pay more interest to you. At the same time, if you pay the credit card bill through EMI, then you have to pay huge interest.
Convert in emergency
Credit card holders should keep in mind this time that the credit card bill should be converted into EMI only when you have a lot of emergency or you are not able to pay the bill in any way. By the way, all card holders should pay the credit card bill before the due date.
