Credit Card Interest Calculator
Calculate exact credit card interest charges. See minimum payment trap — how long debt takes at min-pay. Payoff planner, compare vs personal loan & EMI.
Calculate exact credit card interest charges. See minimum payment trap — how long debt takes at min-pay. Payoff planner, compare vs personal loan & EMI.
Credit Card Interest Rate India 2026
India mein credit cards ka Annual Percentage Rate (APR) 24% se 52.86% tak hota hai — har bank ka alag. SBI SimplyCLICK: 42% pa, HDFC Regalia: 43.2% pa, Axis Magnus: 52.86% pa. Yeh daily basis pe calculate hoti hai — ek din bhi late karo toh charge shuru.
Interest Kaise Calculate Hoti Hai?
Formula: Daily Interest = Balance × (APR / 365). Monthly = Balance × (APR / 12). ₹50,000 balance pe 36% APR mein → ₹1,500/month interest. Ek saal mein ₹18,000 sirf interest!
Minimum Payment Trap Kya Hai?
Sirf minimum payment (~5%) karne se principal barely kam hota hai — interest almost pure minimum absorb kar leti hai. ₹50,000 ka debt sirf min-pay karte karte 5-10 saal mein clear hoga — aur 2-3x zyada pay karna padega. Upar calculator mein exact months dekho.
Credit Card Debt Jaldi Khatam Karne Ke Tips
- Full outstanding pay karo: Grace period mein clear karo → 0% interest.
- EMI convert karo: Same bank mein 12-18% pe convert — instant relief.
- Balance transfer: 0% ke saath 3-6 months ka breathing room.
- Personal loan: 10-18% pa pe personal loan lo, credit card clear karo.
- Snowball method: Smallest balance wala card pehle clear karo — motivation milti hai.