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HDFC billpay delay in crediting cc bill
- Thread starter gobsy
- Start date
Shubham Yadav
TF Prestige
Always avoid to pay on friday as next two days are holidays better to pay on Monday than it would be settled around thrusday to Friday
Guys,
No need to worry about HDFC bill payment to CC, it might take, 2 - 5 (or even 7) days to reflect on CC statement...
But .... But the important thing here is the effective date of payment in your statement will always be the date you paid..... and this what matters to CC bank...
Stop worrying about this.....
Give you an example: I paid this particualr bill on 02/08/2023... and I got an email from ICICI on 04/08/2023... but the date of payment in my cc statement is 02/08/2023 only... Have peace....
HDFC Bill Pay Screen: bill opaid date 02/08/2023
ICICI Payment received notification via email on 04/08/2023
Credit Card Statement entries: received on 02/08/2023
NOTE: This applies to any Credit Card payment ( ICICI, AXI, etc.....) SBI is instant..GOD knows why..
EDIT:
Disclaimer: As @Deal_Freak mentioned in the below posts , to be on a safer side pay at least 3 to 5 days before the due date... for Axis and ICICI..
No need to worry about HDFC bill payment to CC, it might take, 2 - 5 (or even 7) days to reflect on CC statement...
But .... But the important thing here is the effective date of payment in your statement will always be the date you paid..... and this what matters to CC bank...
Stop worrying about this.....
Give you an example: I paid this particualr bill on 02/08/2023... and I got an email from ICICI on 04/08/2023... but the date of payment in my cc statement is 02/08/2023 only... Have peace....
HDFC Bill Pay Screen: bill opaid date 02/08/2023
ICICI Payment received notification via email on 04/08/2023
Credit Card Statement entries: received on 02/08/2023
NOTE: This applies to any Credit Card payment ( ICICI, AXI, etc.....) SBI is instant..GOD knows why..
EDIT:
Disclaimer: As @Deal_Freak mentioned in the below posts , to be on a safer side pay at least 3 to 5 days before the due date... for Axis and ICICI..
Last edited:
D
Deleted member 16965
Guest
To be on a safer side with Axis and ICICI banks in particular, actual payment date and payment realization date should be on or before the payment due date.
Yes, it is always safer to be earlier than due date...
Mind you there is 3 days grace period as well after due date...
People unnecassarily panicking about this... I have been observing this trend that , the paid date in CC staement is always.. the date we initiated the payment in HDFC bill pay... and realization date has no siginificance at all..
NOTE: I actually pay before the bill generation date usually... when not paid like this , I will pay atleast the minimum amount due within a few days after bill generation...
There is a need to make people not to panic unnecessarily...
D
Deleted member 16965
Guest
From the cards which I have in my portfolio, bill payment for SBI, RBL, Yes Bank, IndusInd, BoB/Kotak (through BillDesk) are instant through HDFC BillPay portal.
Good to know this... really helpful...
D
Deleted member 16965
Guest
ICICI and Axis sometimes doesn't honor 3 days of Grace Period. Realization date plays a role particularly with ICICI bank and this has happened with my friend whose payment was credited after due date.
credited after due date but the paid date is before due date, right ?? even then the issue??
D
Deleted member 16965
Guest
Yes and my friend was charged a late payment fee by ICICI even though the payment got credited within 3 days of grace period. Banks usually takes grace periods as a buffer time for bill payment. As a goodwill gesture they may or may not levy late payment charges for the payment that was realized in the grace period.
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Deleted member 16965
Guest
It is same as different customers get different replies by banks for the same query.
There is a difference between getting response from a human and
automatic bill generation by machine...
D
Deleted member 16965
Guest
Yeah but a human can reverse the late payment fee as a onetime goodwill gesture.
When a machine implements the logic , there is no opportunity for a human to reverse the fee as a goodwill gesture. Sometimes..
Machines won't work sometimes and will work sometimes..
Whatever logic we supply, it just implements it
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Deleted member 16965
Guest
Machine implements the logic as per the bill due payment date and not as per the grace due date.
D
Deleted member 16965
Guest
Yeah but the same machine doesn't work for different banks. Banks have their own guidelines and set of rules.
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