RBI New Rule Effect: Suppose, a card issuer charges 2.5% of the overlimit amount with a minimum fee of Rs 500. This charge can be levied once in a billing cycle. You can talk to your bank or card issuer to understand the process, whether overlimit transactions are allowed on your card and if yes, … Continue reading RBI New Rule Effect: What will be the impact of RBI’s new rules on your credit card limit, what will happen to your credit score
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