Majority of people living in India possess a credit card. More and more people are opting for credit cards as they offer enormous advantages compared to other modes of payment. Although overspending on your credit card can easily push you into the debt trap, using it wisely can be beneficial. It is always advisable to track the expenses you charge on your credit card. For this reason, a credit card statement is very important. A credit card statement lists all the expenses in a chronological order and helps you know more about your spending habits. Indian Bank provides a detailed credit card statement to their cardholders which keeps them updated about the outstanding balance, payment due date, the interest rate charged for the month, and other important details.
A credit card statement is a monthly summary that is sent to you by your credit card provider. This statement lists out all the purchases you made using your credit card for that particular month. A credit card statement shows both the debit and credit transactions made on the card with the vendor details. Usually, a credit card statement is long and overloaded with information and banks advise their customers to go through every transaction.
If you have a credit card, you would have received a credit card statement via post to your registered address from your credit card provider. If you opted to go paperless, you would receive the credit card statement to your registered email ID. Alternatively, you can use Indian Bank netbanking facility to view your credit card statements. Indian Bank credit cardholders can also download the statements to view it later.
Like mentioned earlier, viewing Indian Bank credit card statements is very beneficial as it highlights all the important financial information a cardholder requires to know about his/her credit card. In many instances, cardholders tend to forget few transactions they made on their credit card. An Indian Bank credit statement helps cardholders to track all the transactions they have made using their card. This includes both purchases and credit transactions.
Some of the important benefits of Indian Bank credit card statements are:
Your Indian Bank credit card statement will have your full name and your registered postal address at the start of the page and will have other information like the purchase you made, vendor’s name, date of purchase, the amount spent for every transaction, and other details. Listed below are the other important components that a typical credit card statement provided by the Indian Bank contains:
You can get a hardcopy of your Indian Bank credit card statement sent to your registered address. However, Indian Bank encourages their credit cardholders to subscribe for e-statements which will be sent to the registered email ID to save paper. You can subscribe to e-statements by logging into your Indian Bank netbanking account. Alternatively, you can also call the Indian Bank customer care number and request them to send you the e-statement instead of hard copies. You can also walk into the nearest Indian Bank branch to request for your credit card statements and one of the bank officials will print it out for you.
Yes. You can print your Indian Bank credit card statements once you have downloaded it to your laptop.
You will be able to view and download the last 6 months e-statements if you login to your Indian Bank netbanking account. Alternatively, you can call Indian Bank customer care department at 1800 425 00 000 or 1800 425 4422 and request them to send the historical statements to your registered email ID.
No. You do not have to pay a penny to avail the paperless facility. Indian Bank encourages their customers to opt for e-statements to save paper.
You can change your registered email ID by logging into your Indian Bank netbanking account and editing your profile details. Alternatively, you can call Indian Bank customer care department at 1800 425 00 000 or 1800 425 4422 and request them to update your email ID. You can also walk into any Indian Bank Branch and update your contact details.
Indian Bank ensures the safety of their credit cardholders and has strict safety measures in place. The credit card e-statements sent to your registered email ID is password protected. Only the cardholders will be able to access the e-statement. For this very reason, Indian Bank advises all their customers to not share their email username and password with anyone.