Credit card interest in India runs at 36–48% APR — among the highest borrowing costs available. This shows what carrying a balance actually costs you.
—
At 40% APR, every ₹1 lakh outstanding accumulates ₹3,333 in interest per month. Paying only the minimum (typically 2–5% of balance) barely covers interest — the principal barely moves.
Interest is calculated on daily outstanding balance. Actual charges may include GST on interest, late payment fees and overlimit charges. See our full disclaimer.