What is Minimum amount due?
The smallest payment that avoids a late fee.
Short answer
Banks highlight it on the statement; ignore it and pay the total due.
Minimum amount due when buying a credit card (india)
The smallest payment that avoids a late fee.
Why it matters: Paying only this still charges interest on the whole bill and new purchases.
Look for: Banks highlight it on the statement; ignore it and pay the total due.
Full Credit Card (India) buying guide