Paid Almost Full Due But Revolving Interest charged on Full ammount.

General Discussion/Conversation

I was under the knowledge there is an RBI circular or guidline that interest can only charged on the amount that I did not pay.

I have Roarbank Credit card, bill was 1,10,000. I paid almost ₹96,000 but for some reason was not able to pay the rest 14k but now I see that revolving interest is charged on entire 1,10,000.

https://rbi.org.in/Scripts/BS_ViewMasDirections.aspx?id=12300

Found this circular withdrawn. I also so a reditt post long time ago in here only with ICICI bank same happened and it was letter reversed.

What can I do? Is there anything I can do, is there any valid circular? I paid 90% of due before due date.

Posted Apr 1, 2026, 5:59 AM UTC

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