📝 One-liners · 84 cards
Cards - Debit, Credit, Prepaid, Smart, Co - branded
Define plastic money.
Card-based payment instruments (credit, debit, smart, prepaid) enabling cashless transactions without physical currency.
What determines a credit card's limit?
Monthly income, CIBIL/credit score, repayment history, and occupation profile assessed by issuer.
What is the interest-free credit period on credit cards?
Typically 20 to 50 days between purchase date and bill due date; full repayment avoids finance charges.
How does debit card transaction limit differ from credit card?
Debit limit equals available account balance plus OD; credit limit is a separate sanctioned revolving line.
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