Understand the timing of your Bank of India credit card's billing cycle to manage payments efficiently. Stay updated on due dates and keep track of expenses to maintain financial health.
Bank of India Credit Card Billing Cycle: Everything You Need to Know
The Bank of India credit card billing cycle refers to the period between two consecutive billing statements.
It includes the duration during which transactions are recorded and the statement is generated, typically lasting around 30 days.
How do I know my Bank of India credit card billing cycle
Knowing about your Bank of India credit card’s billing cycle takes merely seconds.
Follow these easy steps:
- Online banking: Log in to your Bank of India Internet banking account.
- Mobile app: Access the Bank of India mobile banking app and navigate to the credit card section.
- Statement tab: Look for the "Statements" or "View Statements" tab.
- Select date range: Choose the desired statement period.
- Download option: Click on the download or view option to access your Bank of India credit card statement.
How to pay the Bank of India credit card bill payment on Bajaj Finserv
To make your Bank of India credit card payment on the Bajaj Finserv BBPS platform, follow the below mentioned steps:
- Visit the Bajaj Finserv website or mobile app
- Navigate to the credit card bill payment section
- Select BOI credit card as your biller
- Enter your credit card details and the payment amount
- Choose your preferred payment method and complete the transaction securely
What is the Bank of India credit card due date
The Bank of India credit card due date is the deadline by which you must make the minimum payment or settle the entire outstanding balance to avoid late payment charges. It is typically mentioned on your credit card statement.
Understanding the Bank of India credit card billing cycle, due date, and payment options like Bajaj Finserv is essential for managing your finances effectively. Utilise these resources to stay informed and maintain a good credit standing.
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Frequently asked questions
The late fee for a Bank of India credit card depends on the outstanding balance and the type of card. It typically ranges from Rs. 100 to Rs. 750 or more. To avoid late fees, ensure timely payment of at least the minimum amount due.
