Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
Canara Bank offers several payment channels to help you pay your credit card bills on time. You have the option of choosing either offline or online payment modes. This way, you will never miss a due date and incur late payment fees.
One of the easiest ways to pay off your outstanding balances is by opting for online payment channels. Canara Bank provides two modes to clear your credit card dues. Let's take a look at them below:
With the auto debit facility, you don't have to worry about missing your due date ever again. You can set up standing instructions, so every month a predetermined amount is credited to your card from your account. Here's how you can initiate a standing instruction:
Besides viewing your current standing instructions, you also have the option of modifying or deleting them altogether.
You can use NEFT for credit card bill payments as well. You will have to add your card as a beneficiary by adding the 16-digit number in place of the account number. The IFSC code will be CNRB0001912.
This facility operates in hourly batches. You can initiate transactions from 8:00 am to 7:00 pm on weekdays, and 8:00 am to 1:00 pm on Saturdays. There are no upper or lower limits when you choose NEFT. Listed below are the details required for NEFT:
Canara Bank also offers several offline channels for your card bill payments. You can choose any of the three options mentioned below.
You can use demand draft to clear your outstanding balances as well. You will have to fill in certain details before submitting your request.
If you're choosing the cash payment mode, you can visit your nearest Canara Bank branch and initiate a transaction. For cheque payments, you will have to address the cheque to your credit card account and drop it off at your bank's branch.
You can call the nearest Canara Bank branch or the help line toll-free number 1800 425 0018. Alternatively, you can also drop a mail to hocancard@canarabank.com or write to the Deputy General Manager at the following address:
CANARA BANK
CARD DIVISION,
Naveen Complex, 5th Floor, No. 14, M G Road,
BANGALORE. 560 001
INDIA
Yes. Take a look at the table below for more information.
| Transaction amount | Charges (Rs.) |
|---|---|
| Up to Rs.10,000 | 2.50 |
| Rs.10,001 to Rs.1 lakh | 5 |
| Above Rs.1 lakh to Rs.2 lakh | 15 |
| Above Rs.2 lakh | 25 |
You will have to get in touch with the Canara Bank branch and NEFT customer facilitation centre at the following address:
CANARA BANK,
4th Floor,Canara Building,
Adi Marzban Road,Ballard Estate,
Mumbai- 400 038
Additional contact details below:
Depending on the bank, a certain amount will be charged as a late payment fee. For a revolving credit account, you will be charged a 2% late payment fee. This is either a minimum of Rs.10 and a maximum of Rs.150.
You will be charged a 2% late payment fee for non-revolving credit accounts as well. This could be a minimum of Rs.20 and a maximum of Rs.300.
No, you cannot change the due date for your Canara Bank credit card.
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