IndusInd Bank Credit Card Late Payment Charges

Last Updated : June 17, 2025, 6:02 p.m.

Paying your IndusInd Bank credit card bills after the due date results in late payment penalties and fees. Sometimes life can get busy and you may miss deadlines. There will be other times, where you may be facing a financial crisis. In those situations, high interest rates, late fees, and damage to your credit score are the hard consequences that you will be facing. IndusInd Bank credit card late payment charges and fees will vary across the total amount outstanding on your card.

What are IndusInd Bank Credit Card Late Payment Charges 2025?

Note: These charges are waived for select premium cards, including the Club Vistara Explorer, Pioneer Private, and Pioneer Heritage Credit Cards. To confirm whether your specific IndusInd credit card is exempt, check the IndusInd Bank website.

When are IndusInd Bank Credit Card Late Fees Charged?

IndusInd Bank Credit Card Late Payment Charges & Fees are applied when you fail to pay at least the minimum amount due by the credit card bill’s due date. The due date is typically at the end of the billing cycle, which ranges from 20 to 40 days, followed by a payment window. If the MAD is not paid by this date, the late fee is added to your next billing statement, along with interest charges on the unpaid balance. However, IndusInd Bank offers a 3-day grace period for accounts that are not already overdue, meaning you have a short window to make your payment without incurring a penalty. For payments made via cheque, it’s advisable to deposit the cheque at least 4 working days before the due date to ensure timely crediting and avoid late payment charges.

IndusInd Bank - Interest Free Period

IndusInd Bank offers an interest-free period of up to 50 days for retail purchases, provided there are no outstanding dues from previous billing cycles. However, this grace period does not apply if you have an unpaid balance or if the payment is for cash withdrawals, which accrue interest from the transaction date. To avoid late fees, ensure timely IndusInd Bank credit card payments through options like online banking, the IndusMobile app, or auto-debit facilities.

IndusInd Bank Credit Card Cash Withdrawal Charges

Using your IndusInd Bank credit card for cash withdrawals or cash advances incurs specific charges and must be considered only in emergencies. This is due to the high costs. The cash withdrawal charges for IndusInd credit cards are:

• Cash Advance Fee : 2.5% of the transaction amount, subject to at least Rs. 300 per transaction.
• Interest Rate : A high interest rate, typically between 2.5% and 3.5% per month (30% to 42% annually), is charged from the date of withdrawal until the amount is fully repaid. Unlike retail purchases, there is no interest-free period for cash advances.
• Transaction Limit : The cash withdrawal limit is a percentage of your total credit limit, between 20% to 40% (e.g., Rs. 40,000 on a Re 1 lakh credit limit), but this varies by card type and is specified in your monthly statement.

Below is a tabulated summary of the charges for cash withdrawals using an IndusInd Bank Credit Card:

Key Points

• No interest-free period for cash advances.
• Cash withdrawals do not earn reward points.
• Fees are shown in the next billing cycle, not deducted from the withdrawn amount.
• To minimize costs, repay cash advances as soon as possible and avoid using this feature unless absolutely necessary.

IndusInd Bank Forex (Foreign Currency Charges)

Note: These charges can add up quickly, especially for frequent travelers. Opting for cards with lower forex mark-up fees, like the IndusInd Bank Legend or Club Vistara Explorer, can help reduce costs for international transactions. Always verify the exact fees for your specific card on the IndusInd Bank website.

Other IndusInd Credit Card Fees

Note : Understanding these fees helps cardholders make informed financial decisions to maximize benefits like reward points, cashback, and travel perks.

What Happens If You Continue to Miss IndusInd Credit Card Payments?

Consistently missing IndusInd Bank credit card payments can have serious financial consequences, impacting both your wallet and your credit profile:

• Accumulation of Late Fees and Interest : Each missed payment incurs IndusInd credit card late payment charges (Up to Rs. 800) and high interest rates (up to 46% annually) on the outstanding balance, calculated daily. This can significantly increase your debt over time.
• Impact on CIBIL Score : Payment history accounts for approximately 35% of your CIBIL score . Even a single missed payment can lower your score by 50–100 points, and repeated missed payments can cause long-term damage, affecting your ability to secure loans or other credit cards in the future.
• Penalty Interest Rates : Missing payments may trigger a higher penalty interest rate, increasing the cost of your outstanding balance.
• Credit Limit Reduction or Card Suspension : IndusInd Bank may reduce your credit limit or suspend your card if payments are consistently missed, limiting your access to credit.
• Legal Action : Prolonged non-payment could lead to legal action from the bank to recover the outstanding amount, further damaging your financial standing.

To mitigate these risks, pay at least the minimum amount due promptly, set up auto-debit or payment alerts, and contact IndusInd Bank’s customer service (1860 267 7777) if you’re facing financial difficulties to discuss repayment options.

Tips to Avoid IndusInd Bank Credit Card Late Payment Charges

Avoiding late payments is essential for maintaining financial health and protecting your CIBIL score. Here are practical tips tailored for IndusInd credit card holders:

• Set up automatic payments: Use IndusInd Bank’s AutoPay feature through their online banking or INDIE app to ensure payments are made on time every month.
• Set reminders: Utilize the reminders feature on IndusInd Bank’s platform or set your own calendar alerts to stay informed about upcoming due dates.
• Know your due date: Regularly check your credit card statement on IndusInd Bank’s website or app to know exactly when your payment is due and how much you need to pay.
• Use the IndusInd Bank app: The INDIE app allows for quick and secure payments, ensuring you can pay on time even when you’re on the go.
• Pay more than the minimum: If possible, pay off your balance in full each month to avoid interest charges and keep your credit utilization low.
• Monitor your spending: Track your expenses to avoid overspending and ensure you have enough funds to cover your bill on time.
• Contact customer service if needed: If you’re struggling to make a payment, reach out to IndusInd Bank’s customer service at 18602677777 to discuss options or request a waiver for a one-time mistake.
• Leverage grace periods: Be aware that some banks, including IndusInd, may have a grace period before reporting late payments to credit bureaus, but remember that late fees may still apply.

By following these tips, you can avoid IndusInd Bank Credit Card Late Payment Charges & Fees and maintain a strong financial profile.

How Do Late IndusInd Credit Card Payments Impact Your CIBIL Score?

Your CIBIL score (ranging from 300–900) reflects your creditworthiness, and late IndusInd Bank credit card payments can significantly harm it:

• 30-Day Grace Period: A one-day delay may not immediately affect your CIBIL score, as banks typically report missed payments to credit bureaus after 30 days. However, late fees and interest apply instantly.
• Score Drop: A single missed payment reported to CIBIL can lower your score by 50–100 points, depending on your credit history. Multiple misses cause further damage.
• Long-Term Impact: Late payments remain on your credit report for up to 7 years, affecting loan approvals, interest rates, and credit limits. A score below 700 reduces your chances of securing premium credit cards.
• Recovery Steps: Pay overdue amounts promptly, maintain low credit utilization (below 30%), and make consistent on-time payments to rebuild your score over 6–12 months.

Check your CIBIL score regularly via platforms like Wishfin or IndusInd’s partnered services to monitor your credit health.

Conclusion

Understanding IndusInd Credit Card Late Payment Charges & Fees is essential for responsible credit card management. By staying informed about late payment fees, cash withdrawal charges, forex fees, and other costs, you can avoid unnecessary penalties and protect your CIBIL score. For IndusInd Bank credit card payments , leverage online banking, the IndusMobile app, or auto-debit to ensure timely payments. Always review your card’s terms on the IndusInd Bank website or contact customer service at 1860 267 7777 for the latest fee details. Proactive management of your credit cards ensures financial flexibility and maximizes rewards while minimizing costs.