When it comes to check Credit Card Statement, there are certain things which should be kept in mind.  These are as follows:

The first pertains to the functioning of outstanding amount. This amount contains two amounts, the minimum amount due and total amount due. However, it is always advisable to pay the total amount due paying the other until interest is paid. 

The second pertains to payment as per the due date. The due date is essential to be considered. Else, additional amount can be charged. In order to avoid additional amount, one must pay the amount on time.

The third pertains to the billing cycle. Billing cycle refers to the certain fixed period within which payment can be done. This can also be called bandwidth. A billing cycle is 30 days. Transactions made during this period must be repaid within the payment due date. The payment due date appears after 15 days from the end of the billing cycle.

The fourth pertains to opening balance. The credit card statement always shows remaining balance. Such remaining balance gets added to the new cycle. 

The credits and debits should be maintained in order to keep the balances clear.

Bajaj Finserv offers pre-approved deals on credit cards, EMI finance, personal loans, business loans, and more. The credit card statement hence can be maintained as per the rules and regulations.

Read: How to Read a Credit Card Statement: 8 things to check