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MAD — Minimum Amount Due

Short answer

Minimum Amount Due (MAD) is the smallest payment — usually about 5% of your bill — that avoids a late fee. It does not avoid interest: pay only MAD and finance charges apply to your entire outstanding balance, and new purchases lose their interest-free period too.

What it means

The MAD line exists to keep your account current, not to help you manage debt. It is the smallest amount the bank will accept without marking the payment late.

Example: A ₹20,000 bill has a MAD of about ₹1,000. Pay only that, and roughly ₹700 of interest lands on next month's statement — on the ₹19,000 still outstanding, plus anything new you spend.

The common mistake

Believing "minimum due" means "the amount I owe this month". It does not. The amount you owe is the Total Amount Due; the minimum is the amount that keeps the relationship polite.

The second mistake is setting autopay to the minimum. It feels safe and is quietly expensive — see how to pay ₹0 in charges.

When paying only the minimum is the right call

One month, in a genuine emergency, when the alternative is a missed payment. A missed payment can be reported to the bureaus and hurts your credit score; paying the minimum avoids that. Then clear the balance as fast as you can, and stop using the card until it reaches ₹0.

Related

APR · Grace period · Revolving credit

All figures on this page are indicative and dated. Rates and fees differ by bank and change over time. Always verify with your bank's official schedule of charges.

Frequently asked questions

Is paying the minimum amount due bad?

It protects you from a late fee and a missed-payment report, so it is better than paying nothing. But it leaves the whole balance accruing interest at 36–48% a year, so it should be an emergency measure for one month, never a routine.

What is included in the minimum amount due?

Typically a small percentage of the outstanding balance (commonly 5%), plus the full amount of any EMIs, fees, taxes and any amount over your credit limit. The exact formula is in your card's terms.

Sources

The regulation and official pages this page is checked against. If one of them disagrees with us, it wins.

  1. Master Direction — Credit Card and Debit Card (Issuance and Conduct) Directions, 2022Reserve Bank of India
  2. FAQs on the Credit Card and Debit Card Master DirectionReserve Bank of India

Written and checked by the CardSamajh editorial desk · Last reviewed: · How we check this

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