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instant Central Bank of India credit card bill payments

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Central Bank of India credit card bill payment

pay your Central Bank of India credit card bill via the CRED app

credit card payment app by CRED has made the Central Bank of India credit card payment much more rewarding for you. when you pay your Central Bank of India credit card bills via the CRED app, you earn reward coins, cashback offers, and many other deals and discounts. 
credit cards are one of the most beneficial financial aids to leverage your purchasing power but at the same time, it comes with a lot of responsibilities. credit cards will be beneficial for you only if you pay your credit card bills on time. in case you can’t pay your credit card bills in full, you can use the easy EMI option but do check the interest rate on the same.
if you don’t pay your credit card bill on time, the bank will add late payment charges, and penalty interest on the overdue bills and raise the same in the next statement. if you default on your credit card payment, your credit score will also decrease. 
to get rid of all these issues, join the CRED club and get timely alerts on your credit card payment due date. by using the CRED app, you can not only pay your credit card bill on time and earn rewards, but you can also manage your card, check statement, set up an auto-pay facility, etc. with CRED you can manage multiple credit cards under one umbrella.

how to make the Central Bank of India credit card bill payment via CRED?

CRED app is a members-only club and individuals having a credit score of 750 and above can only become a member of this club. you can check your credit score on CRED. 
CRED app can be downloaded from the app store of your smartphone. to become a member of the CRED club, install the app, enter your mobile number and email ID to register. 

here’s a step-by-step guide for Central Bank of India credit card bill payment

  • open the CRED app and log in to your CRED account
  • add your Central Bank of India credit card on the app or if already added, click on your card
  • on the screen, you would be able to see the overall due amount and the last date and then click on the ‘pay’ button
  • select the payment method from the options provided - net banking/debit card/UPI/mobile wallet
  • follow the rest of the instructions to complete your Central Bank of India credit card bill payment

how to make the Central Bank of India credit card payment online?

you can use the following methods to make your Central Bank of India credit card payment online:

net banking: you can log in to the net banking account of the Central Bank of India to pay your Central Bank of India credit
card bill. after net banking login, visit the credit cards section, select the relevant credit card, enter the bill amount, and click on proceed to pay your credit card bill online. 

NEFT: in case you don’t have a net banking account with the Central Bank of India, you can use net banking services of any other bank and add Central Bank of India credit card as ‘beneficiary’ to pay your credit card bill via NEFT. log in to your net banking account, select NEFT from the ‘fund transfer’ menu, then select the Central Bank of India credit card number, enter the bill amount, and proceed to complete the payment. 

mobile banking: you can log in to the mobile banking app of the Central Bank of India and utilize its features to pay your outstanding credit card bills. add your Central Bank of India credit card on the app, enter the amount due, and proceed to complete the payment process. 

automatic deduction: if you want to be liberated from the hassle of monthly payments of credit card bills, select the auto-pay option to auto-debit the amount each month. you can log in to your net banking account to authorize the same where you can choose to clear either the total amount due or the minimum amount. every month, the bank will automatically deduct the payment from your bank account to pay your Central Bank of India credit card bill.  

UPI and mobile wallet: you can also use UPI and mobile wallets to pay your Central Bank of India credit card bills. some of the commonly used apps for this purpose include - BHIM, Google Pay, CRED, etc.

how to make the Central Bank of India credit card payment offline?

you can use the payment options mentioned below to make your Central Bank of India credit card payment offline:

cash deposit: you can visit the nearest branch of the Central Bank of India and deposit the cash payment at the credit card bill payment counter. but note that the bank will charge a cash payment processing fee for this service. 

cheque deposit: you can write a cheque in favour of your Central Bank of India credit card number, fill in the bill payment amount, sign the cheque and drop it at the branch cheque dropbox or at the designated cheque dropbox centre. 

via ATM: to pay your Central Bank of India credit card bill via ATM, you need to have a Central Bank of India debit card. swipe your Central Bank of India debit card at the ATM, select credit card payment from the menu, select the relevant card, enter the bill amount and proceed to pay your bill.

payment mode

processing time

net banking

same day

mobile app

same day

NEFT

1 working day

RTGS

1 working day

UPI

instantly

BillDesk

2 to 3 working days

cash

same working day

cheque

up to 2 days for the Central Bank of India cheque.
3-5 days for other banks' cheques.

ATM funds transfer

same day

FAQs: Central Bank of India credit card payment

q. why should i use CRED to pay my Central Bank of India credit card bill?

a. you should pay your credit card bills via the CRED app to earn CRED coins, cashback, and many other deals & discounts. 

q. why is it important to pay credit card bills on time?

a. if you don’t pay your credit card bills on time, the bank would impose a late payment charge along with penalty interest on the overall outstanding amount. your credit score will also decrease and you may find it difficult to get loan approvals in the future.

q. is the CRED app free?

a. yes, the CRED app is absolutely free and anyone who has a credit score of 750 and above can register on the CRED app to become a member of this exclusive club.

q. do i need to pay any fee to become a CRED club member?

a. no, you don’t need to pay any charges to become a member of the CRED club. just download the CRED app on your smartphone and register by verifying your mobile number and email address.