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RE:correction
by Ajith Pillai on Jul 17, 2007 06:29 PM

What has been mentioned in the article is true.

The bank charges interest for each day from the date of purchase. Suppose your bill states Rs1,000.01 & you pay Rs1,000.00, the bank will charge you interest for the full amount outstanding..
BE CAREFUL

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Credit card: Did you know this?