Credit Card Minimum-Due Trap Calculator
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Time to clear the balance0 months
Total interest paid₹0
Total amount paid (vs. original balance)₹0
Assumes no new spending on the card and that you pay only the minimum due each month. Credit card interest (often 30–42% p.a.) is far higher than almost any loan — paying only the minimum due can mean paying more in interest than the original bill, over several years.
How this works
the "aha" tool: ₹50,000 at 42% paying 5% minimum due takes 185 months and ~3x the total cost
This calculator gives an illustrative estimate only and is not financial, tax, or investment advice. Actual figures may vary based on your lender, fund, or applicable rules. Please verify with a licensed advisor before making a decision.