Wow. This makes a ton of sense. Recently, these offline shops were offering as much discounts in electronics, as in Online shops. Now, I understand why !!
No. Unless there is an extreme requirement, banks cannot simply go through the ITR or payment, and that too, a request must be placed with ITR. That's a long process.
1) There are people who do not fall into ITR criteria, so they dont file their income tax. So, no way of knowing their salaries...
This is not a correct information.
My CIBIL report shows my income as Credit Card. Only God knows what that means.
In some other cases, the Annual Income in their CIBIL report shows Annual Income in Crores.
What if I bought something for my cousin, who does not have a card, but I show his invoice?
I am not ordering several stuff for customers. Just for a few members of family
I think that there are 3 options- 0,1,2.
0- Not decided
1- Approve
2- Reject
In most banks, 0 is the default selected option. But for Axis Bank, Reject is the default selected option. Reason is that they want to torture their potential customers, that will make them desperate for their cards...