The number of people opting for a credit card in India is increasing. Various studies have revealed that there were around 8 million credit cards issued in India as of January 2018.
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NEFT stands for the National Electronic Fund Transfer. The system allows you to make a quick fund transaction.
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NEFT
Nowadays, several leading finance companies come up with mobile apps. It helps a borrower manage the account at his/her fingertips.
Mobile app payments
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NACH
NACH means National Automated Clearing House. It is a centralized system that can easily handle periodic and repetitive financial transactions.
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Cheque payment
If you don’t believe in making credit card bill payments online, you can still pay your credit card bill via the cheque payment method.
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However, if you are going to make your credit card bill payment via using the cheque payment, then you need to do that sometime before your bill due date.