Card Statement date – 15th each and every thirty days.

Deal done between sixteenth June’19 – 15th July’19

1. Retail Purchase of Rs. 5000 – On twentieth June’19

2. Cash Withdrawal of Rs. 7000 – On 10th July’19

Presuming No Previous Balance carried ahead through the fifteenth June 2019 declaration, the cardholder can get their 15thJuly declaration showing Rs.12,000 of transactions along side 5 times of finance fees during the rate relevant in the Rs.7,000 money withdrawal. The cardholder has to make re payment from the outstanding by fifth August 2019, for example. 20 times from the Statement Date, for any such thing involving the amount that is entire minimal Amount Due. Take note that any re re re payment made against your charge card outstanding, would first be cleared against your Minimum Amount Due (which will be comprehensive of most relevant fees, EMI on Loan plans+5% of Total outstanding), fees as well as other fees (if any)followed by Balance Transfer stability (if any), retail stability (if any) and will be modified against your hard earned money stability (if any) final. Finance costs would be levied through the past declaration date unless in case of non-interest levied outstanding retail stability, where in fact the finance cost is levied through the date associated with the deal. In the event the declaration outstanding has no money stability and has now perhaps not been carried ahead from the past declaration together with retail balance outstanding on the declaration date is compensated in complete by the repayment deadline, No Finance Charges are levied on such balances.

Card Statement date – 2nd of on a monthly basis.

Deal done between third Jan’19 – 2nd Feb’19

1. Retail Purchase of Rs. 10000 – On fifth Jan’19

2. On line Purchase of Rs. 30000 – On fifteenth Jan’19

Presuming no balance that is previous ahead through the second Jan 2019 declaration, the cardholder can get their second Feb declaration showing Rs. 40,000 deals. The cardholder has to make re re re payment contrary to the outstanding by 22nd Feb 2019, i.e. 20 times through the Statement Date, for any such thing involving the amount that is entire the minimal Amount Due. In the event the declaration outstanding has no money stability and contains perhaps not been carried ahead from the past statement plus the retail balance outstanding on the declaration date is compensated in complete because of the repayment deadline, No Finance Charges are levied on such balances. Making just the payment that is minimum month would lead to the payment extending through the years with consequent interest re re payment on your own outstanding stability.

For e.g. for a transaction of Rs. 5,000 if minimal Amount Due is compensated each month (at the mercy of at least number of Rs. 200 on a monthly basis), it may need as much as 44 months for whole oustanding amount owing to be compensated in complete.

Card Statement date – 2nd of on a monthly basis

Deal done between 3rd March ’19 – 2nd April ’19

(1) Annual Fee of Rs. 500 – On 5th March ’19

(2) Applicable fees of Rs. 72.50 – On 5th March ’19

(3) on line Purchase of Rs. 6000 – On 15th March ’19

Presuming no balance that is previous ahead through the 2nd March 2019 declaration, the cardholder can get his second April statement showing Rs. 6,590 deals. The cardholder has to make re payment from the outstanding by 22nd April 2019, for example. 20 times through the Statement Date, for such a thing involving the whole amount or minimal Amount Due. Presuming the cardholder makes the re re payment of minimal Amount Due of Rs. 415, (5% of Total outstanding) + relevant fees on 22nd April 2016, rounded down to nearest decimal point, finance fees is levied in the effective price and put into the full total outstanding. Taking into consideration the rate that is effective of% p.m., finance fee calculation will likely to be done the following:

In the stability of Rs. 500 March that is(5th to April) for 49 times: (3.50*12)*(49/365)*500/100= Rs. 28.19

In the applicable fees of Rs. 90 (5th March to 22nd April) for 49 times: (3.50*12)*(49/365)*90/100= Rs.5.07

In the balance of Rs. 6000 (fifteenth March to 22nd April) for 39 times: (3.50*12)*(39/365)*6000/100= Rs. 269.26

Regarding the stability of Rs. 6,175 (22nd April to second might) for 10 times: (3.50*12)*(10/365)*6175/100= Rs. 71.05

Total Interest charged = Rs. 373.57

Amount of Outstanding purchase quantity, Interest costs, costs and fees, if any, and relevant fees would mirror while the Total quantity due within the statement dated second might presuming the card owner doesn’t make any deals between third April ‘19 – 2nd May ‘19.

Every month and also keep paying the interest amount he would clear the outstanding in 20 months (100%/ 5% = 20) if the cardholder keeps making the Minimum Amount Due (5%) payment.

Then Finance charges will be levied on the closing balance till the payment date if the Cardholder makes partial or no payment of Total amount due(TAD) before Payment due date(PDD); i.e. the Customer has outstanding balance from previous months and in the current month, full payment of Total amount due is made before Payment due date.

Card Statement date – 2nd of on a monthly basis.

Deals done between third Dec’18 – 2nd Jan’19

1) Retail buy of Rs. 500 – On fifteenth Dec’18

2) Online Purchase of Rs. 600 – On twentieth Dec’18

Presuming the cardholder makes partial re re payment of of Rs. 500, on 22nd- Jan 2019, finance costs will be levied during the rate that is effective put into the sum total outstanding. Thinking about the rate that is effective of% p.m., finance cost calculation is supposed to be done the following

From the stability of Rs. 500 (15th Dec to 22ndJan) for 39 days: (3.50*12) * (39/365) *500/100 = Rs. 22.43

Regarding the stability of Rs. 600 (20th Dec to 22nd Jan) for 34 days: (3.50*12) * (34/365) *600/100 = Rs. 23.47

In the stability of Rs 600(22nd Jan //personalbadcreditloans.net/reviews/national-cash-advance-review/ to second Feb) for 10 times (3.50*12) * (10/365) *600/100 = Rs. 6.90

Total Interest Charged = Rs. 52.80

Deals done between 3rdFeb’19 – 2ndMar’19

1) Starting stability of Rs. 652.80 – On 3rd Feb’19

2) Retail Purchase of Rs. 1000 – On fifth Feb’19

3) on line Purchase of Rs. 3000 – On fifteenth Feb’19

Assuming past stability of Rs. 652.80 carried ahead through the 2ndFeb 2019 declaration, the cardholder has to make re re payment from the outstanding by 22nd Feb 2019, in other words. 20 days through the Statement Date, for anything involving the amount that is entire minimal Amount Due.

Presuming Cardholder makes complete payment by fifteenth Feb for example. within Payment due date. Taking into consideration the rate that is effective of% p.m., finance cost calculation is supposed to be done the following:

Regarding the Balance of Rs. 652.80 (3rdFeb – 15thFeb) for 12 times: (3.50*12) *(12/365) * 652.80/100 = Rs. 9.01

(3.35*12) *(12/365) * 650.56/100 = Rs. 8.60

Total Interest Charged = Rs. 9.01

Amount of Outstanding purchase quantity, Interest costs, costs and costs, if any, and all sorts of taxes that are applicable mirror because the complete 6 amount due into the statement dated second March.