SmartBuy Cashback Capping: Calendar Month or Statement Cycle?

Maitri Maniya

KF Mentor
I’ve already earned ₹1000 cashback this month through SmartBuy, and my credit card statement was generated today. I’m trying to understand how the cashback capping works—does the ₹1000 limit reset with the new statement cycle, or only on the 1st of the next calendar month?

Would I be eligible for cashback if I make SmartBuy transactions today, or do I need to wait until August 1st for the cap to reset?
 
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