Credit card says no hidden charges can be levied on debit-credit cards after RBI announces new guidelines Sir
Ahmedabad, Saturday The Reserve Bank of India (RBI) yesterday issued a hidden circular from a private and public sector bank cardholder announcing the implementation of the new rules from July after announcing the payment of credit card fees of charge.
Bank credit card eu has been issued to any person in the name of charging a huge amount in the name of charges-hidden charges and the Reserve Bank of India (RBI) has imposed a curfew after issuing Rs. Fee of Charge Once the credit card has been activated in a day, if the card is not activated, the bank will not be able to charge any charge to the concerned cardholder before the card is issued. The first is to activate the credit card by sending it.
Charges are larger in the name of hidden charges. Opportunity to charge credit card day One time password to the concerned cardholder. Increased bit. Provide insurance cover to protect the cardholder from the liability of a large amount if the lost credit card is misused.
The credit card of any bank is taken. In the same way, when a credit card is lost out of the liability of a large financier, when it is lost, fraud also occurs during its use. The fraudulent use of insurance cover to rescue them may result in huge fraud and even the card-grabbers may plan to pay. These events happen. As a result, the bank is concerned to provide illegal insurance covered by credit. Credit card installments with the explicit consent of the cardholder due to a large amount of liability incurred by the cardholder.
If the bank does not close the card within 7 days, it will have to be shown separately
Daily Rs. 500 will have to be paid monthly in all credit card transactions and based on those transactions.
Banks are also required to be fully transparent in taking credit card closure application installments.
Only seven of the post-work are given. Monthly charging from credit card users
How much is the principal and how much interest is charged in installments for processing the application in a day or how much is the discount for them?
Will be. Credit card closure instruction
The credit must be clearly shown within seven days of the award. The monthly installment cannot be collected without a clear idea of the interest and principal. Also zero cost or then zero
If the card is not closed then such interest cannot be identified as credit card. Before the card is activated
Under the circumstances, the bank has to pay Rs. Any credit information for 500 credit card holders Sibyl, CRIF
Will be fined accordingly. This of the penalty
Payment to Bank Credit Card Holder – Cannot be given to any institution like Credit Record Institution or Credit Information Company, such as Experian.
Will fall.