Credit card minimum-due trap calculator

Paying the "minimum due" keeps your card current but the rest accrues interest at ~36–48% p.a. Most cards set the minimum at 5% of the outstanding, so a ₹1 lakh balance can take 8–10 years and double your repayment.

Paying ONLY the minimum due
Months to clear
0
Total interest paid
₹0
Total paid
₹0
vs Fixed ₹0/mo
faster by ?
Interest saved by fixed
₹0

How the minimum due works

Most banks charge the minimum as max(5% of outstanding, ₹200). Of that:

  • Interest charged that cycle is added first
  • Late fees and other charges absorbed next
  • The tiny residue chips away at principal — which is why it takes years

If the bank changes the floor (some now use ₹100 or 1% of balance + interest), the timeline gets even longer.