If you use a credit card then this news is important for you. RBI has implemented such rules which it is important for you to know. In a statement issued by the Reserve Bank in April, it was said that continuous use of credit cards is mandatory.
If you are not using it for more than a year then you may have problems.
If you use a credit card, then you should keep in mind that you use the credit card continuously. If your credit card is inactive for more than a year, that is, not using it for more than a year, then you may be in trouble.
If he does not respond within 30 days, his card will be closed.
If the customer is not using the credit card for more than a year, then he is informed. The customer should answer this within 30 days, if he does not respond within 30 days then his card will be closed, but for this it is necessary to pay all the dues of the cardholder.
After this decision of the government, the number of credit card holders of banks has decreased rapidly. Now the number of credit cards has come down by 25.5 lakhs to 7.77 crores
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