Big relief from RBI for credit card holders, now users can change the due date of the bill as per their wish

New rules of RBI for credit card users: The Reserve Bank of India has given great relief to credit card users, under which major changes have been made in the rules related to credit cards. RBI has made preparations to end the arbitrariness of banks and finance companies regarding credit cards. According to the new rule, customers will now have the option to choose the credit card of their choice. Users can also choose the billing cycle as per their convenience. The new rule allows customers to easily change their credit card billing or statement date as per their convenience. This rule has been implemented from March 7, 2024.

Now you can change the due date of credit card in the new rule.

RBI has given the option to credit card holders to change the billing circle or due date at least once. This is a facility under which you can change the credit card billing circle if you do not have money on the due date. You can schedule the credit card statement date as per your convenience and cash flow. And can increase the interest free period in credit card.

You can easily change the due date by visiting the online portal of the bank

To change the billing circle or due date of the credit card, you can easily change it by visiting the online portal of your bank. Apart from this you can use Customer Service Centre, Email ID, Interactive Voice Response (IVR), Internet Banking, Mobile App and any other mode. The central bank has also asked banks and finance companies to give customers the right to choose any network for the credit cards issued to them. This means that you can choose any network as per your convenience for changing the due date as well as credit card.