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How much is the interest rate for an Industrial Bank credit card of RMB 40,000 overdue for ten days?

According to the overdue interest rate policy of Industrial Bank’s credit card, the interest for 40,000 yuan overdue for ten days is about 133.3 yuan.

Details:

1. According to Industrial Bank’s credit card overdue interest rate policy, during the overdue period, the daily overdue principal interest is 6‰, or 0.006.

2. First, calculate the overdue principal interest: 40,000 yuan × 0.006 × 10 days = 240 yuan.

3. Secondly, according to bank policies, late payment fees will be incurred during the overdue period, which are generally calculated as a percentage of the overdue amount. Assuming that the late payment penalty ratio is 2, the late payment penalty is 40,000 yuan × 0.02 = 800 yuan.

4. Finally, add the overdue principal interest and late payment fees, that is, 240 yuan 800 yuan = 1040 yuan.

5. Therefore, the total interest for an Industrial Bank credit card of RMB 40,000 overdue for ten days is approximately RMB 1,040.

Summary:

According to Industrial Bank’s overdue interest rate policy for credit cards, the interest for a 40,000 yuan overdue credit card for ten days is approximately 133.3 yuan. Among them, the overdue principal interest is 240 yuan and the late payment fee is 800 yuan. The two are added together to get a total interest of 1,040 yuan.

Extended information:

If you need to know more about the overdue interest rate policy of Industrial Bank's credit cards, it is recommended to consult the official website of Industrial Bank or directly contact the Customer Service Center of Industrial Bank.

Note:

The above answers are based on assumptions and refer to the general credit card overdue interest rate policy. The actual interest rate may be different. In order to accurately understand the specific situation, please directly check with Industrial Bank for confirmation.