Covid-19 Crisis - How to manage payment of Credit Card Bills

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Covid-19
How to manage payment of Credit Card Bills
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Some credit card users who prefer paying the
bills via cash or a cheque and they have to visit
the banks branch. But after the lockdown, they
are unable to clear the dues.
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Different Methods of Payment for Credit Card
Bills During Lockdown
Offline Payments
Online Payments
Transfer through ATM
Net Banking
Mobile Application
Cash Payments
Cheque Payments
Third-Party Payment Gateway
National Electronic Fund Transfer
Standing Instruction
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Use Net Banking
Experience the digital way for your banking needs.
Log in to the net banking services of your bank
and clear the dues by just sitting at home in a
few clicks.
This mode of payment will help you to avoid
visiting the banks branch and stay safe.
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Try Mobile Application
You can download the mobile application of the
bank and use for the payment of your credit card
bill.
The mobile banking applications have the option
to make the payment of your credit card bill.
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Third-Party Payment Gateway
You can use the third-party payment gateway like
Billdesk, GPay, Paytm, and many other trusted
applications for making the payment.
Provide your credit card details and the account
details from which you want to make the payment.
All the information is in an encrypted form and
is totally safe.
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National Electronic Fund Transfer
Use NEFT for making the payment of your credit
card bill from another bank account. The IFSC
Code of different credit card providers differs
from each other.
There are some credit card users who dont have a
bank account of the credit card they are using.
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Standing Instruction
Standing instruction can be given to the bank to
debit the amount of your bill from your bank
account on a specified date once the bill is
generated.
This is also known as Auto-Debit payment that can
be useful to clear the pending dues of your
credit card during Coronavirus lockdown.
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Choose 3 Months Moratorium
The RBI has given 3 months leverage in which you
can skip the payment of your bills. You can
manage the Payments of Credit Card bill during
Coronavirus Lockdown.
It will not affect your Credit Score nor will the
bank impose any extra late payment fees on your
credit card bill.
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The banks will continue charging interest on
outstanding amount, you have to pay an extra sum
of money as interest after 3 months.
If you are capable enough to clear the bill on
time then make use of the online methods of
payments.
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You can get both your Personal Credit Score and
Business Credit Score by applying directly on
the link mentioned below
https//cir.crifhighmark.com