4 ms·
That perception is wrong, before they issue the card, they request income proofs, do residence verification etc. Moreover, if payment is not made, there is a fo
by npguy 14y ago
That perception is wrong, before they issue the card, they request income proofs, do residence verification etc. Moreover, if payment is not made, there is a follow-up process that will put village moneylenders to shame.
Credit limits are also set in a very conservative manner.