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.