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    Indusind Bank Credit Card Statement Online

    Do you understand all the terms of a credit card statement issued by IndusInd Bank? Do you know how to read a billing statement and how to resolve errors in your statements? These two are important questions, which need to be answered from the perspective of a credit card customer of IndusInd Bank. Whether you are an existing or a new user of credit cards, this page is useful for you. IndusInd Bank is a well-recognised banking company offering a wide range of personal financial products, including vehicle loans, home mortgages, credit cards, personal loans, etc.

    What Is A Credit Card Statement?

    A credit card statement is a billing document issued by IndusInd Bank periodically to its credit card users. It is alternatively called as a billing statement. A credit card statement is the summary of purchases and payments you have made in a billing cycle. The duration of a billing cycle of IndusInd Bank shall minutely vary from other banks. Usually, it falls within the range of 20-40 days. A credit card statement is issued at the end of every billing cycle to the mailing address of credit card users.

    Features Of Indusind Bank Credit Card Statement

    • Billing statements are issued through offline and online means.
    • Download, access and save e-statements anytime anywhere at your convenience.
    • e-statements are free of cost. The platform for issuing e-statements is faster, customer-friendly and convenient.
    • Credit card statements can be a better means for people who would like to know more about newly launched offers.
    • e-statements can be accessed through all devices, be it a laptop, a smartphone or a computer.

    Registration Process For Obtaining Electronic Credit Card Statements

    1. Enter your first name.
    2. Enter your last name.
    3. Provide your contact number.
    4. Furnish your credit card number.
    5. Authenticate your details.
    6. Accept the terms and conditions and then click the ‘Submit’ tab.

    Parts Of A Credit Card Statement

    The first part of a credit card statement describes the personal information of an individual. The second part is the statement of a credit card and gives information related to the overall dues, the due date for making the minimum payment, the credit limit set by IndusInd Bank, the available credit limit and the cash limit, etc. The third part provides information related to the summary of your credit card account, which includes the opening balance, charges and fees, the overall dues, debits, credits, purchases, payments etc.

    The fourth part of a credit card statement issued by IndusInd Bank gives information related to previous dues. The fifth part covers information related to domestic transactions. You can find the date of transactions, the amount of transactions and the transaction description. The sixth part covers information related to reward points wherein you can find the opening and closing balances of your reward points. The seventh part describes newly introduced credit card offers by the bank if any.

    How To Read An Indusind Bank Credit Card Statement

    In the previous section, we have discussed various sections of a billing statement issued by IndusInd Bank. This section helps you understand how to read a billing statement. As a credit card user, it is essential for you. If you understand how to read, you can easily manage your credit card spending and make in time payments. The prime features of an IndusInd Bank’s credit card statement have been outlined below:

    The statement period is the most vital component of a billing statement. Let’s assume interest-free days provided to your credit card is 55. If you have remitted your earlier credit card bills in full, the closing date of your statement period and the date of purchase determine the actual duration of interest-free days.

    The payment due date is the date on or before payments should be made. If you have misplaced an IndusInd Bank credit card statement and would like to know the minimum due date, speak to the customer care service professionals or login to the internet banking portal of the bank.

    The overdue section of your credit card statement describes the amount, which is still to be paid by you. The higher the due amount, the higher will be your payment obligation. The lower the due amount, the lower will be the payment obligation.

    The overall amount of money charged to your credit card account is displayed on the new charges section of an IndusInd Bank credit card statement. Do not forget to look at the new charges section. This is to make sure there are no fraudulent transactions or double charges.

    Be sure to look at the transaction section that lists the transactions you have made within a billing cycle. It will include the amount, date and reference code of transactions. Compare the transaction section with receipts.

    A reward point program is an incentive provided by Induslnd Bank on its credit card plans. The reward points section tells you the reward points you have gained and used and how to redeem them.

    Tips To Manage Errors In A Credit Card Statement

    Credit card statements should be checked thoroughly because they may have errors sometimes. There can be major errors or minor errors. Errors in your credit card statements can be resolved. Use the following tips:

    • Keep you purchase receipts ready and compare them with the billing statement.
    • An adjustment transaction must be made in the history of account for deviations.
    • Errors in statements should be reported to concerned merchants. They will resolve issues for you.
    • Complaints must be brought to the attention of IndusInd Bank if merchants fail to resolve your complaints.

    Types Of Errors In A Credit Card Statement

    A credit card statement may contain two types of errors: 1) personal details and 2) financial details. Personal details include the name, mobile number, email address and billing address of a credit card user. Financial details include the date of a transaction, the amount of a transaction, the actual payment made, the transaction summary, the account summary, the merchant details, etc.

    Frequently Asked Questions On Indusind Bank Credit Card Statements

    1. Can the payment due date fall on a non-business day?
    2. The payment due date may fall on a non-business day. If your payment due date falls on a non-business day, the immediate business day is considered as the payment due date for you.

    3. What are the consequences of missing a payment due date?
    4. Late remittance fees are imposed on your credit card account if a payment is missed on a payment due date. Late payment charges will overburden the financial obligation of an individual.

    5. Can I obtain my credit card statements online?
    6. Yes. You can. You have to register online for this service. In fact, many credit card users prefer obtaining statements online. This service is freely offered by IndusInd Bank.

    7. How can I know my e-bill is ready?
    8. You shall get an email notification to the registered email address whenever an e-bill is ready. Also, you have an option to cancel this facility.

    9. Can the hard copies of credit card statements be stopped?

    Yes. You need to login to the online banking facility of IndusInd Bank to leave a request for stopping the hard copies of credit card statements.

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