# 46 paise shortfall on HDFC credit card leads to Rs 1,200 late fee 2026-08-19T18:17:19+00:00 | Governance | Indian Opinion Desk Corroboration: 2 independent outlets A credit-card customer has claimed he was charged more than Rs 1,200 in late-payment fees by HDFC Bank after falling short of his Rs 10,649.46 bill by just 46 paise. Dr Samir Kagalkar posted on X that he paid Rs 10,649, leaving Rs 0.46 unpaid. The bank later told Mint that the payment was received after the grace period had lapsed, and that charges were applied as per terms. HDFC said it reversed the charges as a one-time goodwill gesture and is in touch with the customer. ## Indian Opinion Analysis Indiatoday.in led with the customer's complaint and the RBI rounding rule, framing the charge as disproportionate. Livemint.com added HDFC Bank's response that payment was late and had been reversed, providing a more complete picture. Neither source noted that the rounding rule applies to banks' own calculations, not necessarily to payment shortfalls by customers. The measured read: a late payment triggered standard charges, which were reversed, the rounding rule is not a direct shield for partial payments. Watch for whether the RBI clarifies if the three-day grace rule applies here. ## Coverage Coverage: 2 sources, 2 neutral - indiatoday.in (neutral report) Frames the incident around the customer's grievance and the RBI rounding rule, without giving the bank's response. - livemint.com (neutral report) Includes both the customer's claim and HDFC Bank's explanation that payment was late and charges were reversed. This story was synthesised by AI from the 2 sources linked above. Updated: this story now draws on 2 sources. Last updated 2026-08-19T22:56:02+00:00. Tags: Banking Ombudsman, HDFC Bank, RBI Canonical: https://indianopinion.org/hdfc-bank-charged-rs-1200-late-fee-over-46-paise-shortfall/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/hdfc-bank-charged-rs-1200-late-fee-over-46-paise-shortfall/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/