NEW Debit Card and Credit Card rules from 1.10.2023

Until now, in the case of Debit cards and Credit cards, the cardholder has no option to choose the network provider i.e. VISA, Master card or Rupay.

But from 1.10.2023 onwards, as per the RBI draft proposal cardholders can choose their preferred network provider at the time of the fresh issue or renewal of a Debit or Credit card.

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