Billing and Statement
a) SBICPSL will deliver the Cardholder a statement that is monthly the payments credited plus the deals debited into the CardholderвЂ™s Account considering that the final declaration, supplied the card happens to be active throughout the said duration. SBICPSL will either mail a statement of deals into the card account into the mailing treat it is wearing record, or deliver a declaration through e-mail into the e-mail id on record, for a date that is pre-determined.
b) Minimum Amount due shall be 5% of outstanding quantity or Rs. 200 (whichever is greater) plus all relevant fees and EMI (just in the event of EMI established items). Overlimit (OVL) amount shall additionally be incorporated into the MAD in the event money or borrowing limit is surpassed. Any MAD that is unpaid of past statements, if any, shall additionally be contained in the minimal Amount Due.
c) Payments made towards the card outstanding are acknowledged in subsequent statements. Any dispute input that is regarding credit or other matter regarding fees will probably be communicated to charge card Issuer within thirty days through the date of issuance associated with declaration