The interest-free period for using your credit limit is up to 62 days, including a 3-day grace period as stipulated under RBI guidelines.
To qualify for this, you must fully repay the total amount due as per your full statement by the last day of the month in which the full statement is generated.
Let’s say you haven’t used your card before, and you make a purchase of ₹1,00,000 on August 1st. If you repay ₹1,00,000 by September 27, you will not be charged any interest