Glossary term
Minimum MAD Floor
The minimum MAD floor is a minimum fixed amount, typically Rs. 100 to Rs. 250, that the cardholder must pay regardless of balance size.
Related terms
- Minimum Age for Credit Card
The minimum age for a credit card.
- Minimum Amount Due (MAD)
The smallest amount you must pay by the due date.
- Minimum Credit Score
Lowest score for card approval.