Weird " finance charges" in monthy statement

[Umeshkrish]

I have been charged 820 rs as "finance charges debit" and gst rs 147. Total amounting to 967rs.
I have never kept any outstanding amount and paid full amount on credit statement.
When I called cc, he didn't gave me clear cut reason for charges and I requested for reversal of charges. But the request for declined... Dono what to do now.

 

[TheRecharger]

OT:
Let's assume I have total amount due of ₹1,00,001 & I paid ₹1,00,000, and missed paying ₹1, what will be the penalty for this in case of SBI?
Will I be charged for ₹100000 or ₹100001 or just ₹1?
@Wealth is my birth right! @Chaitanya-a @Abhishek012 @VISHESH_BANSAL

 

[bimanpaul]

Not if the dispute is settled in your favour.

There can be grey areas as well.
Say disputed transaction was of Rs 10,000/-. After settlement, the final amount is Rs 5,000/-.
Now, in whose favor is the settlement?

 

[Walter White]

OT:
Let's assume I have total amount due of ₹1,00,001 & I paid ₹1,00,000, and missed paying ₹1, what will be the penalty for this in case of SBI?
Will I be charged for ₹100000 or ₹100001 or just ₹1?
@Wealth is my birth right! @Chaitanya-a @Abhishek012 @VISHESH_BANSAL

Late fee can be charged only on the outstanding amount after new date as per RBI Regulations.

 

[Deleted member 5552]

OT:
Let's assume I have total amount due of ₹1,00,001 & I paid ₹1,00,000, and missed paying ₹1, what will be the penalty for this in case of SBI?
Will I be charged for ₹100000 or ₹100001 or just ₹1?
@Wealth is my birth right! @Chaitanya-a @Abhishek012 @VISHESH_BANSAL

You won't be charged late fee as you already paid minimum amount due. But you will have to pay interest for total amount due (100001) according to credit card rules. But Bank can have mercy on you upon request

 

[VISHESH_BANSAL]

You won't be charged late fee as you already paid minimum amount due. But you will have to pay interest for total amount due (100001) according to credit card rules. But Bank can have mercy on you upon request

Plus I think for new Purchases as well made after statement generation, since Free credit period ends in case of default ?

 

[Deleted member 5552]

Plus I think for new Purchases as well made after statement generation, since Free credit period ends in case of default ?

I think so, but I never faced such a problem

 

[Harihhs]

But you will have to pay interest for total amount due (100001) according to credit card rules

Oh man!
New info for me!
Then a minor mistake would be so painful. 😩