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Does refund count as bill payment for all Indian credit card issuer bank?

Itsankurdas

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I had a Credit card from HDFC bank. I had limit of rs250000.
Out of which I used only rs30K to buy an item from commerce. But later I return the order. But My statement was already generated before the refund get issued. So, I received the refund of Rs30000 7 days after statement generation. So, I have a query. Will bank consider that refund as bill payment or I have to pay them, as bill of rs30k was already generated?. Do I have to pay bank rs30K before due date.

If I pay Minimum due amount ra1.5K instead of total due 30K(as I already received the refund of rs30k).will bank charge me later in future?

I am asking for all Indian bank card issuer. Particularly HDFC Bank
 
Please refer to this
 
I had a Credit card from HDFC bank. I had limit of rs250000.
Out of which I used only rs30K to buy an item from commerce. But later I return the order. But My statement was already generated before the refund get issued. So, I received the refund of Rs30000 7 days after statement generation. So, I have a query. Will bank consider that refund as bill payment or I have to pay them, as bill of rs30k was already generated?. Do I have to pay bank rs30K before due date.

If I pay Minimum due amount ra1.5K instead of total due 30K(as I already received the refund of rs30k).will bank charge me later in future?

I am asking for all Indian bank card issuer. Particularly HDFC Bank
Short answer is no .
& Partly yes depends when was refund credited back
 
Yep looks like it has no specific answer. We should pay the bill to be on the safe side
If u got credited before bill due then it's no problem

If u got after bill generated ..
Now is bank to bank policy.
Some accept it as payment some don't

Keeping in mind it's one odd month thing
U can request for excess amount in bank.
 
Hi all, if a refund is received on hdfc credit card after statement generation can I just pay the balance amount after subtracting refund amount? ICICI and Citibank use to allow this, but not sure if HDFC follows this practise. Kindly help.
 
Yes, been doing this for a while now. Once I get cash-back/ refund , I just pay the remaining
Thanks. I paid the remaining amount (total minus refund received) but the mycards app still shows the refund amount as pending payment amount. This is my first instance of such scenario with hdfc bank. Icici and citi use to adjust it online as well.
 
I had a Credit card from HDFC bank. I had limit of rs250000.
Out of which I used only rs30K to buy an item from commerce. But later I return the order. But My statement was already generated before the refund get issued. So, I received the refund of Rs30000 7 days after statement generation. So, I have a query. Will bank consider that refund as bill payment or I have to pay them, as bill of rs30k was already generated?. Do I have to pay bank rs30K before due date.

If I pay Minimum due amount ra1.5K instead of total due 30K(as I already received the refund of rs30k).will bank charge me later in future?

I am asking for all Indian bank card issuer. Particularly HDFC Bank
Answer is yes and no
Dont risk much by relying on refund
Pay bill in full better
 
Thanks. I paid the remaining amount (total minus refund received) but the mycards app still shows the refund amount as pending payment amount. This is my first instance of such scenario with hdfc bank. Icici and citi use to adjust it online as well.
If you have time, do complete payment now. Later you can ask excess amount through DD. If you pay via HDFC debit card then they will refund to your HDFC account.
 
@Himanshuch @Itsankurdas What is the conclusion here for HDFC CC? are they adjusting the refund as payment or not?

Yes hdfc also adjusts the refund amount in the total amount due. So i only pay the difference, I.e.
Payment = amount due - refund.

To add to this, only refund for txns already in the generated statement is counted so for example if bill generated was of Rs.20000 on 15th & you get a refund of Rs.5000 for a txn which was in the generated statement on 20th along with a refund of Rs.2000 for a txn done on 17th then you need to pay (20000-5000=15000) & not (20000-5000-2000=13000).
 
To add to this, only refund for txns already in the generated statement is counted so for example if bill generated was of Rs.20000 on 15th & you get a refund of Rs.5000 for a txn which was in the generated statement on 20th along with a refund of Rs.2000 for a txn done on 17th then you need to pay (20000-5000=15000) & not (20000-5000-2000=13000).
Make sense!! Thanks!
 
To add to this, only refund for txns already in the generated statement is counted so for example if bill generated was of Rs.20000 on 15th & you get a refund of Rs.5000 for a txn which was in the generated statement on 20th along with a refund of Rs.2000 for a txn done on 17th then you need to pay (20000-5000=15000) & not (20000-5000-2000=13000).
In case of SBI card, I saw this type of transaction and bbps is considering this amount hence not allowing to pay more than that
 
In case of SBI card, I saw this type of transaction and bbps is considering this amount hence not allowing to pay more than that
If BBPS is not allowing it for sbi card then it is likely that sbi card itself is considering such txns as payments currently because bbps itself doesn't decide that.
 
I have followed a simple rule in such scenarios. Pay the Minimum Due as per staement refund or not. With all these automated systems you never know. You will be able to resolve it eventually but why risk it.

Paying MAD keeps your CIBIL protected no matter what, and banks can't charge any interest cuz there would be no dues after refund. You can claim your MAD back or just use it next month depending on the amount.

I follow this even after BBPS. There is always the IMPS/NEFT way to direcly (force) pay to your credit card account. I also use IMPS to make 10rs extra payment just in case some incompetent bank like 🪓 tries to F me over for a few paise.
 
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