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If I am not use my credit card more than 1 year then my credit card is automatically closed or active?

Solution
As per new New RBI Guidelines customers are required do atleast one active transaction within a financial year to keep their cards active.

Banks should notify the customers before prior taking closure action.

If customers used their card banks do not close the card , if they fail to do atleast one transaction after being notified by banks it will be closed.

ashwink

TF Infinite
TF Family
Sr Moderator
As per new New RBI Guidelines customers are required do atleast one active transaction within a financial year to keep their cards active.

Banks should notify the customers before prior taking closure action.

If customers used their card banks do not close the card , if they fail to do atleast one transaction after being notified by banks it will be closed.
 
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