What is the minimum limit for an RBL credit card?
The minimum credit limit for an RBL credit card can vary based on several factors, including the specific card variant, the applicant's income, creditworthiness, and the bank's internal policies. RBL Bank assesses each application on an individual basis, taking into account various parameters to determine the appropriate credit limit.
Typically, RBL credit cards offer a range of credit limits to accommodate different customer profiles. The actual minimum credit limit can vary widely, starting from a few thousand rupees up to lakhs of rupees, depending on the card variant and the applicant's financial profile.
It's important to note that the credit limit assigned to an individual is determined by the bank after considering factors such as income, credit history, repayment capability, and other relevant parameters. The bank assesses the applicant's creditworthiness and assigns a credit limit accordingly.
When applying for an RBL credit card, it's advisable to review the specific card variant's terms and conditions or contact RBL Bank's customer service for detailed information on the minimum credit limit associated with that particular card. The bank will be able to provide you with accurate and up-to-date information based on your individual circumstances.
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