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Credit Card Interest & Minimum Due Trap
See how long minimum payments keep you in debt.
₹50,000
42
5
Calculation breakdown
| Parameter | Value |
|---|---|
| Outstanding (₹) | ₹50,000 |
| Interest (% p.a.) | 42 |
| Minimum pay (%) | 5 |
| Months to clear debt | 142 |
| Total paid | ₹1,51,090 |