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Thursday, October 20, 2011

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Credit limit and cash limit are assigned to card holders based on internal credit criteria or credit.(ADDON card holders share the same limits as that of the primary account holder.)These limits are communicated to the card holder in every statement. The available credit limit at the time of the statement generation is provided as a part of the statement. The bank will review the card holder
account periodically, and increase or decrease the card holder credit limit based on internal criteria. Card holders can make a request, seeking for   credit limit increase. Can do so, by writing to the bank and providing financial documents declaring their latest income. Bank sole discretion and based on such new documents provided, may increase the credit limit of the card holder.

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