india employmentnews

Credit card: You will get a credit card only if this happens, know this

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Nowadays people use credit cards for many things including shopping. There are many types of rules for using credit cards. Today we are going to give you information about the limit of keeping how many credit cards have been fixed by RBI. Let us tell you that no limit has been fixed by RBI for keeping credit cards.

That is, a person can keep as many credit cards as he wants. Let us tell you on what basis you are given a credit card by the bank. Let us tell you that the process of a credit card is the same as that of a loan.

In almost both, the CIBIL score is seen by banks and non-banking financial companies. A credit card is provided by the bank only when the CIBIL score is good.