Search results

  1. A

    Credit Card Standard charted bank unfair Interest Charges

    Sir , 29th Sep 25 first mail and spoke to support Nearly 23 mails , 10 calls upto 29th Oct . Updated in social media tagged rbi nch and Scb 31th oct all Oct and Sep unfair charges reversed In directly accessed they are following RBI Rules Bank says “ Interest on total outstanding+any new...
  2. A

    Credit Card Standard charted bank unfair Interest Charges

    Sir , mentioned in my first post . Copied down Reference Number : RBI/2023-24/132DOR.RAUG.AUT.REC.No.81/24.01.041/ 2023-24 March 07, 2024 Page no # 9 II. New provisions added in the MD The following provisions have been added: i. Para 3(a)(xxi) - Total Amount Due is the total amount (net of...
  3. A

    Credit Card Standard charted bank unfair Interest Charges

    What bank mentioned in the terms and conditions same applied in statement, But RBI Notification is different. Can bank override the RBI Rules? In my case bank policy conflicts with an RBI rule. Other credit cards rule as per RBI! . I am holding 13 credit cards, Only SCB Have bank rule rest is...
  4. A

    Credit Card Standard charted bank unfair Interest Charges

    expected someone explore this ?
  5. A

    Credit Card Standard charted bank unfair Interest Charges

    Dear all In the statement dated 28.09.2025, an entry titled “Purchase Interest” of ₹41,065.29 was levied. I would like to know what this charge represents and how it was calculated. Statement Summary: Total Bill Amount: ₹6,26,338.09 Amount Paid: ₹6,00,037.00 Due Amount after Due Date...
Back
Top