look news india
There was a time when people used to buy everything by paying cash. But now if people don't have money then they can buy things using credit card.
Many banks in India provide you the facility of credit card. For this you do not need to go through a long process.
You can easily buy anything in installments using a credit card. After this, you can pay the money on EMI.
Some people have one credit card and some have more than one. In such a situation, a question arises in people's mind whether there is a limit on having a credit card?
Has RBI made any rules regarding having a credit card? So let us tell you that this is not the case. RBI has not made any such rule.
A person can have as many credit cards as he wants. He can get credit cards from as many banks as he wants.
Credit Card Banks give you credit cards after looking at your CIBIL score. If your CIBIL score is good then you will get many credit cards. If your CIBIL score is bad then you will not get even one or two.