Calculate your Minimum Amount Due (MAD) for any Indian bank, and see the interest you'll pay if you only clear the minimum. Supports HDFC, ICICI, SBI, Axis, Kotak and 28+ banks.
| Bank | MAD Formula | Min. Floor | Interest (approx.) |
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The Minimum Amount Due is the smallest payment you must make on your credit card bill to keep the card active and avoid late payment fees. In India, most banks set it at 5% of your total outstanding balance, subject to a minimum floor — usually ₹200 to ₹500 depending on the bank.
Paying only the minimum keeps your card in good standing, but it does not stop interest from accumulating. The unpaid balance continues to attract interest — typically 3% to 4% per month (36%–48% annually) — plus 18% GST on that interest.
Banks in India use a fairly consistent formula to calculate your MAD each month:
The final figure is compared against the bank's minimum floor. Whichever is higher — your calculated 5% or the floor — becomes your Minimum Amount Due.
This is where most cardholders get trapped. When you pay only the minimum:
Our calculator shows you exactly how long your debt will take to clear if you only pay the minimum, and how much extra interest you'll end up paying. In most cases, the numbers are eye-opening.
If you've been paying the minimum every month and your outstanding barely moves, the reason is compound interest. Every month, interest is charged on the unpaid balance, added to the total, and then interest is charged on that new total next month.
For example, at 3.5% monthly interest, your outstanding grows by roughly ₹3,500 for every ₹1 lakh you owe — even if you pay the minimum. If your minimum is ₹5,000, your balance only reduces by ₹1,500 a month. Over 12 months, your ₹1 lakh debt may only reduce by ₹18,000, while you've paid ₹60,000 in total.
The solution? Either pay the full bill, convert the outstanding to an EMI, or use our instant cash on credit card service to clear the balance and stop the interest bleed.
For any credit card user, the smartest financial move is to always pay the full bill before the due date. This keeps you in the interest-free window, protects your credit score, and keeps your card free of charges.
If you can't pay the full amount this month, use our cash on credit card calculator to see how much you can raise against your card, or check the credit card cash withdrawal charges calculator to compare costs across banks. Sometimes, raising cash against your card and paying the full bill is cheaper than letting the interest compound for months.
The Minimum Amount Due (MAD) is the smallest payment you must make on your credit card bill to avoid late fees and keep the card active. In India, it's typically 5% of your total outstanding balance, subject to a minimum floor (₹200–₹500 depending on the bank).
Paying the minimum on time prevents a late-payment mark on your credit report, so it doesn't directly hurt your score. However, if you consistently pay only the minimum, your credit utilisation stays high — which does bring your score down over time. Lenders also see this pattern as a sign of financial stress.
No. Interest continues to be charged on the unpaid balance, typically at 3%–4% per month (36%–48% annually). Additionally, you lose the interest-free period on all new purchases, which then attract interest from day one. Plus 18% GST is charged on the interest.
Pay the full statement amount before the due date — every month. If you can't, convert the outstanding to an EMI (lower rate than the regular interest), or use a balance transfer to a lower-interest card. Our instant cash on credit card service can also help you clear the balance.
Kotak Mahindra Bank has the highest minimum floor at ₹500. Axis Bank's floor is ₹250. Most other banks — including HDFC, ICICI, SBI, and IndusInd — have a floor of ₹200.
The calculator uses standard Indian banking formulas and defaults for each bank. However, actual Minimum Due can vary based on your specific card variant, EMI schedules, and any overdue amounts. Always confirm with your bank's statement. The default interest rate is 3.5%/month — you can edit it to match your actual rate.