Calculate how long it takes to pay off your credit card debt with minimum payments and total interest charged.
Credit cards in India charge 36–42% annual interest (3–3.5% per month). If you pay only the minimum amount due, it can take years to clear even a small balance — and you end up paying 2–3 times the original amount in interest.
Tip: Consider a personal loan at 10–14% to clear your credit card debt. Guhan Capitals can help you get a personal loan at the best available rate to close your credit card debt immediately.