ICICI Bank credit card services: The bank has increased the charges for many things. This includes many charges ranging from Late Payment Fees (ICICI Bank Credit Card Late Fees), which have been increased.
These new charges will be applicable from February 10 i.e. tomorrow. Let us know which charges have been increased by the bank.
ICICI Bank credit card Services: There is important news for the customers of ICICI Bank. If your account is also in ICICI Bank, then now you are going to get a big setback.
The bank has made major changes in various charges associated with credit cards (ICICI Bank Credit Card Services Charges). From February 10, the bank will change the rules of fee and its head will fall on your pocket.
Changes in these charges
According to the information given by the bank, the bank has increased the charges for many things. This includes many charges ranging from Late Payment Fees (ICICI Bank Credit Card Late Fees), which have been increased. These new charges will be applicable from February 10 i.e. tomorrow.
Apart from this, if your check is returned, then the bank will charge the entire due amount at the rate of 2%. In this case, the bank will charge at least Rs 500 for this. That is, if you are an ICICI customer, then now your pocket is going to be loose.
Late payment fee will be applicable according to the due
The bank said, ‘The late payment fee depends on how much your total Due Amount is. That is, if your Due Amount is less than Rs 100, then the bank will not charge the Lent payment fee.
Apart from this, if for Rs 100 to Rs 500, the bank will charge a late payment fee of Rs 100. Due from Rs 501 to Rs 5,000, this fee will be charged Rs 500. A fee of Rs 750 will have to be paid on the dues of Rs 5,001 to Rs 10,000.
How much do other banks charge
Apart from this, talking about other banks, if your payment is due between 10,001-25,000, then you will have to deposit a late fee of Rs 900 on it. Also, for late payment between Rs 25,001 to 50,000, you will have to pay Rs 1,000, and for outstanding balance of Rs 50,000, you will have to pay Rs 1,000 and for more than Rs 50,000,
you will have to pay an additional fee of Rs 1,200. However, the late payment charges vary from bank to bank. For example, major banks like HDFC Bank and SBI charge a late payment fee of Rs 1,300-1,300 on the outstanding balance above Rs 50,000. At the same time, Axis Bank charges Rs 1,000 for this.
