Overlimit Fee Impact

Are you about to cross your credit limit? Calculate the exact penalty fee and GST the bank will charge you.

Total Credit Limit

Current Used Balance

Available limit = ₹5,000

New Transaction Amount

Bank Fee Settings

Fee %

Minimum Fee

Usually 2.5% of overlimit amount subject to a minimum of ₹500.

Overlimit Penalty Total

₹590

The transaction exceeds your credit limit by ₹5,000. The bank will apply the penalty to your next statement.

Fee Breakdown

Base Fee₹500

GST (18%)₹90

Total Overlimit Charge₹590

New Financial State

Balance after txn₹1,05,000

Penalty applied+₹590

Final Outstanding₹1,05,590

Important Note on Overlimit

As per RBI guidelines, banks cannot automatically let your transaction go over the limit unless you have explicitly opted-in for the overlimit facility via your bank's app/portal.

If you have not opted in, the transaction will simply decline, and no fee will be charged.
If you have opted in, the transaction will be approved, but you will be charged the fee calculated above.

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