Credit Card: 3-day grace period for credit card payments
Zee Business Video Team | Updated: July 25, 2023 01:36 PM IST
The Reserve Bank of India has announced a new guideline that gives credit cardholders a 3-day grace period to make their payments without incurring any extra charges. This is a welcome relief for credit cardholders, as it will give them some breathing space if they are unable to make their payments on time due to unforeseen circumstances.