Repayment of personal loan via Rupay card

[varunsridharan]

I recently got 1.2 L personal loan via cred cash and the monthly repayment date is 7th of every month.
And today i tried to pay it in advance by getting funds from my rupay card to bank and then making payment

By doing this will i get any issue with income tax? Or should I just pay every month on 7 from my bank instead of getting funds from credit card?

 

[Tejo]

I recently got 1.2 L personal loan via cred cash and the monthly repayment date is 7th of every month.
And today i tried to pay it in advance by getting funds from my rupay card to bank and then making payment

By doing this will i get any issue with income tax? Or should I just pay every month on 7 from my bank instead of getting funds from credit card?

interest ?

flat or reducing?

for 1.2 l, income tax issue no issue, if you are paying digitally

you can usee cc, if they allow, but dont pay cc bill via cash at branch, cdm

 

[varunsridharan]

interest ?

flat or reducing?

for 1.2 l, income tax issue no issue, if you are paying digitally

you can usee cc, if they allow, but dont pay cc bill via cash at branch, cdm

Intrest is 14.99% per year & it's reducing

And i use credit card about 1.2 to 1.5L every month+ this loan repayment amount of 6k

and i pay cc bill via online at the end of due date.