Hi! Thanks for bringing us the question!
Firstly, if that is your concern, in India, if you do not pay your credit card bills, you cannot be jailed (In most of the cases atleast). It is a civil debt and thus civil case can be made on you which is the last resort with the bank. Except that -
Any outstanding credit card dues in India will show up in your CIBIL report and your CIBIL score would be adversely affected.
Also, the dues against your credit card will keep on increasing with the interest compounding playing its part.The figure may get very large with time without you getting the breeze of it.
So what is CIBIL score and why is it important? In India, a CIBIL score is like a rating associated with creditworthiness of a PAN number.and you can have only one PAN. So any bank or financial institution can track your credit rating before giving you a loan and definitely deny if you have outstanding dues on your credit card.
For employment purposes as well, you will provide your PAN number and at least in India, all banks will have a look at your CIBIL report.
If you are an existing bank employee, then you must consent for the bank to access your CIBIL report.
Finally, the bank on whose credit card you have defaulted can take legal action against you for recovery of the dues. This might involve court cases and seizing your other assets ( movable and immovable).
Having a bad CIBIL score may even affect the eligibility of your children's to get education loans too.
So the advise would be to call the bank, tell them that due to some untamable circumstances you could not pay and need time and also request for your late fee to be waived if possible ( They are usually cooperative if you have a genuine reason ) try to negotiate a settlement amount and pay it as soon as possible to save yourself the possible harassments in future.
I hope this helps! Regards!