Minimum Due Calculator

Calculate Your Interest

Your Results

Next Billing Cycle

Your new balance including interest:

₹0.00

Interest Charged

Interest for this month:

₹0.00

Long-term Impact

If you pay only minimum due every month:

₹0.00

Total interest you'll pay

0 months

Time to fully repay

₹0.00

Total amount paid (original + interest)

Bank Interest Rates
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CIBIL Score Impact

Negative Impacts

Paying only the minimum due can:

  • Increase your credit utilization ratio
  • Signal financial stress to lenders
  • Lower your credit score over time
  • Make future loans more expensive

How CIBIL Score Works

Your CIBIL score is affected by:

  • Payment history (35%)
  • Credit utilization (30%)
  • Credit history length (15%)
  • Credit mix (10%)
  • New credit (10%)

Positive Actions

To improve your CIBIL score:

  • Pay more than the minimum due
  • Keep credit utilization below 30%
  • Make payments on time every month
  • Review your credit report regularly

Tips & Advice

Pay More Than Minimum

Always try to pay more than the minimum due to avoid high interest charges and reduce your debt faster.

Understand Interest Rates

Know your card's interest rate and how it's calculated. A 3.5% monthly rate equals 42% annually!

Payment Timing Matters

Make payments before the due date to avoid late fees and negative marks on your credit report.

Balance Transfer Option

Consider transferring your balance to a card with lower interest rates or a 0% introductory offer.

Avoid Cash Advances

Cash advances typically have higher interest rates and no grace period. Avoid them whenever possible.

Monitor Your Spending

Track your credit card spending to ensure it doesn't exceed 30% of your credit limit for a healthy CIBIL score.

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Disclaimer: This calculator provides estimates only. Actual interest rates and terms may vary based on your credit card issuer and individual circumstances.

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