Credit Card Payment

In India, EMIs, credit card bills, and loans can affect your credit score. Indian credit bureaus do not take into account household bills, utility bills, and mobile bills.

Your credit score may drop by 100 points if you missed the payment due date by more than 30 days. Sometimes, your credit score may drop by as much as 180 points which is not good for your creditworthiness.

No, generally late payments will not show up on your credit report unless you have defaulted for more than 30 days. But, you may have to incur the late payment fee even if you miss the payment due date by 1 day.

Yes, you can pay the credit card bill immediately after purchase. But, this has both benefits and disadvantages.

The online modes include NEFT payment through internet banking or mobile banking. The process for credit card payment through NEFT is given below.

YES Bank is a well-known name in the banking sector of India and has millions of customers across the country as well as abroad. The bank provides many products and services for its customers including credit cards that are issued to retail and corporate customers. 

The cardholder has to register for the third-party transfer so they can make use of the NEFT mode of transfer. The process for registration and payment through NEFT is given below.