The repayment day is the 16th of every month.

The bank’s regulations on credit card statement dates and repayment dates are as follows. Twenty days after the bill is issued is the repayment date. Repayment is on the 6th of each month. If a month is counted as thirty days, 20 -6=14 days, 30-14=16 days, therefore, the payment date is the 16th of each month.

It can be seen from this that the repayment date is the billing date plus twenty days.

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