I have a standard chartered credit card. Last year I had a transaction of around Rs. 4000 which I almost forgot to pay. After one year when i got to know that my total payable sum has increased to Rs. 8000 due to late fee charges and tax. I talked to customer executive and he asked me to pay only Rs. 4000 as they can waive off the tax and late fee charges.
I wanted to know is it going to affect my CIBIL rating and if yes then up to what extent. Is it ok to pay only Rs. 4000 or I should pay the whole amount including tax and late fee charges.