# Credit Card Minimum Due Calculator: Months and Interest > Credit card minimum due calculator: how many months and how much interest and GST it takes to clear your card paying only the minimum, and a faster fix. Source: https://trykosh.com/tools/credit-card-minimum-due-calculator Free tool - Loans and credit cards # Credit card minimum due: how long it takes to clear Paying the minimum due keeps your card in good standing but barely touches the debt. See how long it would take and what it would cost. Rules checked 25 October 2026Free - no sign-upRuns in your browser Time to clear by paying only the minimum 31 years 1 month first minimum due INR 5,000, shrinking as the balance falls Interest + GST paid**INR 4,05,831** Total paid**INR 5,05,831** Keep paying INR 5,000 a month**3 years 5 months** Your balance **INR 1,00,000**Interest + GST **INR 4,05,831** Balance today INR 1,00,000 Minimum-due only: months to clear 373 Minimum-due only: interest + GST INR 4,05,831 Fixed INR 5,000 a month: months to clear 41 Fixed INR 5,000 a month: interest + GST INR 1,02,813 Saved by not letting the payment shrink INR 3,03,018 Paying only the minimum due Year Balance left Paid so far Interest + GST so far Year 2 INR 79,249 INR 1,07,587 INR 86,835 Year 4 INR 62,804 INR 1,92,848 INR 1,55,651 Year 6 INR 49,771 INR 2,60,416 INR 2,10,187 Year 8 INR 39,443 INR 3,13,963 INR 2,53,406 Year 10 INR 31,258 INR 3,56,398 INR 2,87,656 Year 12 INR 24,772 INR 3,90,027 INR 3,14,799 Year 14 INR 19,631 INR 4,16,678 INR 3,36,309 Year 16 INR 15,557 INR 4,37,799 INR 3,53,356 Year 18 INR 12,329 INR 4,54,536 INR 3,66,865 Year 20 INR 9,771 INR 4,67,801 INR 3,77,571 Year 22 INR 7,743 INR 4,78,313 INR 3,86,056 Year 24 INR 6,136 INR 4,86,643 INR 3,92,779 Year 26 INR 4,863 INR 4,93,245 INR 3,98,108 Year 28 INR 3,842 INR 4,98,487 INR 4,02,330 Year 30 INR 2,016 INR 5,03,287 INR 4,05,303 Year 32 INR 0 INR 5,05,831 INR 4,05,831 The minimum due falls as your balance falls, so the payment keeps shrinking and the debt drags on. Holding the payment steady at today's minimum cuts years off. ## Upload your statement and Kosh does this for you. Upload a bank or card statement and Kosh finds every EMI and card charge, then builds the fastest way out of debt that still fits your month. [Start free](/signup?via=tool-credit-card-minimum-due-calculator) ## How the credit card minimum due calculator works The minimum amount due is usually around 5% of the outstanding balance, with a small floor such as INR 200. Paying it avoids a late fee and a default report, but the rest of the balance carries interest at the card's monthly rate plus 18% GST on the interest. Because the minimum is a percentage of a falling balance, the payment shrinks every month. With interest and GST taking a big bite of each payment, the balance falls very slowly. The calculator pays the minimum each month, adds interest and GST on what's left, and counts the months until the balance hits zero. It then repeats the exercise with a fixed payment equal to today's minimum. Simply refusing to let your payment shrink cuts the time and cost dramatically. RBI's credit card rules require the minimum due to be set so that it doesn't lead to negative amortisation, meaning the balance shouldn't grow if you pay it. It still clears the debt very slowly, as the numbers show. Each month: pay max(floor, 5% x balance); balance = (balance − payment) x (1 + monthly rate x 1.18) 1.18 adds 18% GST on the interest Fixed plan keep paying the first month's minimum until cleared ## Worked example: Ritu's INR 2.5 lakh card balance Ritu has INR 2,50,000 on her card at 3.5% a month. Her first minimum due is INR 12,500. If she pays only the minimum every month, it takes 35 years 2 months to clear, and she pays INR 9,00,381 in interest and GST. If she keeps paying INR 12,500 every month instead, she is debt-free in 3 years 3 months with INR 2,36,853 of interest and GST. Time to clear by paying only the minimum 35 years 2 months first minimum due INR 12,500, shrinking as the balance falls Interest + GST paid**INR 9,00,381** Total paid**INR 11,50,381** Keep paying INR 12,500 a month**3 years 3 months** Your balance **INR 2,50,000**Interest + GST **INR 9,00,381** Balance today INR 2,50,000 Minimum-due only: months to clear 422 Minimum-due only: interest + GST INR 9,00,381 Fixed INR 12,500 a month: months to clear 39 Fixed INR 12,500 a month: interest + GST INR 2,36,853 Saved by not letting the payment shrink INR 6,63,528 The minimum due falls as your balance falls, so the payment keeps shrinking and the debt drags on. Holding the payment steady at today's minimum cuts years off. [Load this example into the calculator ->](?balance=250000&rate=3.5#calculator) ## Good to know - Stop using the card while you pay it down. New purchases attract interest immediately while a balance is outstanding. - Ask your bank about converting the balance to an EMI, or consider a lower-rate personal loan to clear it, then pay that off on a fixed schedule. - Paying at least the minimum keeps you out of default, which protects your credit score, but high utilisation will still weigh on it. ## Frequently asked questions What happens if I pay only the minimum due on my credit card? You avoid a late fee and a default, but interest of around 3-3.75% a month plus GST is charged on the rest of the balance, and on new purchases. Because the minimum shrinks with the balance, clearing a large balance this way can take decades. How is the minimum amount due calculated? Most banks set it at about 5% of the total outstanding, with a minimum such as INR 200, plus any EMIs, fees and overlimit amounts due that month. The exact formula is in your card's terms. Does paying the minimum due affect my credit score? Paying the minimum on time counts as an on-time payment. But carrying a large balance keeps your credit utilisation high, which can lower your score. Is it better to pay more than the minimum due? Yes. Any amount above the minimum reduces the balance that interest is charged on. Keeping your payment fixed at today's minimum, instead of letting it shrink, can cut years off the repayment. ## Sources and assumptions - [Reserve Bank of India](https://www.rbi.org.in/) Rules and rates last checked on 25 October 2026. Results are estimates for planning and education, not tax, legal or investment advice. Kosh is an educational financial planning tool by Primedepth Labs. It is not a SEBI-registered investment adviser and does not offer personalised investment advice, hold your money or execute trades. Markets carry risk; read scheme documents carefully and consult a registered adviser before acting.