Understanding and Paying Unbilled Outstanding on SBI Credit Card
Have you ever encountered the term unbilled outstanding on your SBI credit card statement? If so, you're not alone. This article delves into what unbilled outstanding means on an SBI credit card and how you can pay this amount effectively through various methods.
What is Unbilled Outstanding on an SBI Credit Card?
Unbilled outstanding is the amount of money you owe on your SBI credit card that has not yet been included in your billing statement. This typically refers to transactions made after the last billing cycle but before the current bill is generated. It can also include pending charges, fees, or interest that haven't been billed yet.
How to Pay Unbilled Outstanding
Through SBI Online Banking
Log in to your SBI online banking account. Navigate to the credit card section. Select the option to make a payment. Enter the amount you wish to pay, including the unbilled outstanding amount.Using the SBI Mobile App
Open the SBI mobile app and log in. Go to the credit card section. Choose the option to pay your credit card bill. Specify the amount to pay.NEFT/RTGS Transfer
If you prefer, you can also transfer funds via NEFT or RTGS from your bank account to your SBI credit card account. Ensure you enter the correct account number and IFSC code.
Cash Deposit
You can visit an SBI branch or an ATM that accepts cash deposits. Deposit the amount directly into your credit card account.
Cheque Payment
You can also write a cheque in favor of SBI Card and drop it off at a designated drop box at an SBI branch.
Important Notes
Make sure to check your credit card statement or online account to confirm the exact unbilled outstanding amount before making a payment. Payments typically take a few hours to reflect in your account, so plan accordingly to avoid late fees or interest charges. It's advisable to pay the full outstanding amount (both billed and unbilled) to avoid interest charges.Frequently Asked Questions
Can I pay the unbilled amount through a normal credit card payment method?
Yes, you can pay the unbilled amount through normal credit card payment methods. Just transfer that amount, and it will be adjusted against the unbilled amount. However, do not pay this if it is not necessary, as you will lose the credit time you get.
Why do I need to pay the unbilled amount?
The unbilled amount is the total of various transactions that have been charged to your card but are not yet billed to you. No need to pay this amount until your bill is generated. Simply wait for your next billing cycle. For example, if you paid a restaurant bill of Rs 1000 through your card, this Rs 1000 will remain as unbilled until your bill is generated.
Conclusion
Understanding and managing your unbilled outstanding on an SBI credit card can help you avoid unnecessary fees and maintain a healthy credit score. By following the steps outlined in this article, you can effectively pay any unbilled outstanding amounts and maintain better control over your finances.