EMI vs Minimum Due Comparison Calculator
Compare monthly payments, total interest, GST impact, and time to close your credit card bill in India.
Adjust Comparison Parameters
Pay Minimum Due
Estimated Time to Clear
0 months
Debt Trap Warning: Paying minimum due keeps you in debt for years. Avoid this!
Pay 10% Monthly
Estimated Time to Clear
0 months
Paying double the minimum due (10%) clears debt much faster, but you still pay standard credit card interest rates (36%).
Convert to EMI
Estimated Time to Clear
0 months
Best Choice: You save ₹0 compared to paying minimum due.
*Disclaimer: Actual interest rates, EMI fees, and minimum due rules vary by bank and card type. Always verify with your bank’s MITC. Calculations are for educational purposes.
Is EMI better than paying Minimum Due?
Yes, absolutely. Paying Minimum Due (minimum due calculation) traps you in debt with interest rates of 36%–42% p.a. + GST. Converting your balance to EMI reduces the interest rate to 13%–18% p.a., saves you significantly on total interest, and ensures the debt is cleared in a fixed time period.
Minimum Due (The Debt Trap)
- Interest Rate: 36% - 42% p.a. causing rapid interest accumulation.
- GST on Interest: Yes (18%)
- Time to Close: Infinite / Years
EMI Conversion (The Smart Fix)
- Interest Rate: 13% - 18% p.a. via EMI calculation.
- GST on Interest: No (Usually)
- Time to Close: Fixed Tenure