RBL Bank offers several quality credit cards aimed at different customers as per their spending habits or profile, each offering something unique. You thus need to pick an RBL bank credit card after careful consideration of aspects like your spending habit, features of the card, and reward system.

The RBL Bank Credit Card is one option to consider when looking for the best credit card. With such cards, users can expect the following features and benefits from the same.

• Cash withdrawal facility – When you are in need of cash, you can simply visit any ATM and withdraw the required amount with such cards. Withdrawals made at the beginning of the billing cycle can provide an interest-free period of up to 50 days. Thus, if you repay the entire sum within this time, you wouldn’t have to bear any interest on the withdrawn sum.

• Avail emergency loan and repay in 3 easy EMIs – These credit cards allow users to avail of emergency loans and convert it into easy three-month installments. Thus, repayment of the loan becomes more affordable.

• Welcome bonus – As new users, cardholders can also receive up to 20,000 reward points as a welcome bonus.

Choose a credit card offering with features and benefits that are better suited to your needs than others.

Follow the steps below for Form 16 download online – 

• Visit Income Tax Department’s online portal TRACES and log in by entering your credentials, TAN, and verification code.

• Under the tab ‘Statement/Payment Status’ check the status of your income tax payment. If the status shows that your payment has been processed, you can carry out a request to download Form 16.

• Go to the download section to access Form 16. 

Deductors can place a request to download Form 16 via the options ‘Search PAN Download’ or ‘Bulk PAN Download’.

• Enter the required information and KYC details after which an authentication code will be generated.

• • Enter the code and submit your request.
  • Next, unique request numbers will be generated for Form 16 Part A and Part B.

• The form can be downloaded if its status is ‘Available’. Download the form by clicking on the ‘HTTP Download’ option.

Besides Form 16 download online, you can also ask your employer to provide you with a duplicate copy. It carries information regarding how much tax has been deducted from your salary, the date on which the tax payment was made and the challan issued by the central government. 

Form 16 is an important certificate that is required while filing income tax returns; it also acts an income proof while applying for credit cards and loans.

The Reserve Bank of India (RBI) had recently amended four rules for credit card transactions in India. These changes are discussed below – 

• Online and contactless transaction facilities will not be activated by default for credit cards issued on or after 16th March. Additionally, cards that were issued earlier but were not used for such transactions will have those facilities disabled. A cardholder will need to contact the respective credit card customer care for facility activation.

• All credit cards issued from 16th March will only feature domestic transactions at a point of sale (POS) terminals. Similar to the point mentioned above, customers will need to contact their respective banks to activate the feature if they want to make international transactions.

• Financial institutions hold the prerogative to disable cards that are currently activated and reactivate them according to risk analyses of customers.

• Cardholders enjoy the right to customize the limits for the following transactions – ATMs, POS terminals, contactless, domestic, and international – within the ceiling predefined by the respective financial institution. 

In addition to these mandates by the RBI, it has also asked financial institutions to notify cardholders about changes made to their existing cards via SMS and open 24/7 facilities for customers to modify these changes. 

You can apply for a credit card with the following step-by-step procedure.

• Choose a credit card as per your preference and spending habits.
• The second step of the credit card application process involves filling the application form for your specific card. Alternatively, one can also acquire this form from their card issuer’s nearest branch, fill it and submit.
• Duly provide all required documents along with this form before submission. In most cases, you will need to furnish address proof and income proof.
• Depending on the financial institution, you may need to wait for a few days or weeks for approval of the credit card application. During this time, the issuer verifies all details that you provide during the form fill-up process.
• Once the verification completes, you will likely receive the credit card at your residential address by post.

Before applying, make sure to fulfill all eligibility requirements to receive a hassle-free approval.

It is the basic process to apply for a credit card that most financial institutions follow. Nonetheless, some issuers may have additional steps when applying for a card. You must check with your credit card issuing company for more details regarding the procedure.

Yes, a credit card bill can be paid through net banking. The main advantage of net banking is that once a user has his/her credit account linked to their savings account, this process of clearing a bill becomes very easy. 

Users of credit cards can change their linked accounts in future at any time they prefer and even prevent a specific bill payment should they choose to.

The steps are explained chronologically below –

1. Users should log in to the official payment page of their credit card issuer.
2. Once all account details are put in, they can access their mini statement. Every user should view this mini statement in detail to check if there are any mistakes or incident of fraud.
3. After checking all details pertaining to their transactions over the last month, credit card users can proceed to link their account. It is vital to note that while checking their mini statement is not strictly a mandatory step, this ensures the safety of a user’s credit account.
4. Now the user must access his/her account from the official web portal of their financial institution where they have their savings account.
5. After logging in their personal savings account, users should register their credit card to this account.
6. After the credit card is registered, users can simply select the card and complete the payment.

Customers generally have the option to pay their minimum amount or otherwise, though it is advisable to clear the whole amount at once.

Once the amount is entered by the customer, an OTP is sent for confirmation. After the OTP is entered, the credit card bill is cleared instantaneously from the savings account of the user.

A credit card limit is the maximum amount of funds that you can purchase using your credit card. Every time you make a purchase, this amount is added to your credit card balance. To figure out how much more amount you can spend, subtract the credit balance from your credit limit. When you pay off the credit bill, your credit balance again is reduced.

The higher the credit limit is, the more funds you have to utilise for transactions or purchases. This credit limit is in the absolute discretion of the card issuer whose credit card you hold. If you want to increase credit card limit, you should keep the following things in mind –

• Lenders mostly check your payment history and your credit score. A healthy credit score of 750 and above can further help.
• Another factor, on which your credit limit depends, is your income. Higher income is considered as a higher repayment capability.
• Your credit utilisation ratio must be below 60% of your total credit balance at all times. Doing so helps financers and credit bureaus alike to consider you as a creditworthy and financial responsible individual.

Before raising a request to increase credit card limit, make sure that –

• The account of your credit card is open and active for the last 3 months.
• Your credit card is not a secured one.
• You haven’t already requested for a credit limit increase or decrease within the past 6 months.

To sum it up, a credit card limit keeps a check on how much you can spend. Having a higher credit limit gives you the liberty to pay more but can land you in massive debt as well. It helps you maintain a good credit score as well.

If you want to increase credit card limit, you can wait for issuer to automatically offer the same without applying for it. Responsible card usage will compel the financer to offer you a larger amount of credit to utilise with card.