Ask your Question
   (100 characters left)
Search for questions:      Advanced
Credit Cards
Car Loans
Home Loans
Personal Loan
Education Loans
Fixed Deposits
Savings Accounts
Miscellaneous
Bank ATM Auto Loan Bad credit Loan Recovery Recovery Agents Indian Bank Canara Bank Corporation Bank Loan Calculator credit card fraud HSBC Bank Vijaya Bank Deutsche Bank Credit history Credit score Used car loan Saving Account Fixed Deposit Loan Finance ICICI Bank RBI SBI Disha HDFC ABN Amro CitiBank EMI Calculator Kotak PNB Barclays Home Loan Personal Loan Credit Card Interest rate
Resolved Question:
Show me another
Axis bank credit card?
what is policy if i want to close credit card of axis bank did i get loan from any bank if i not close the official y of credit card if it is automatically closed by axis bank and whom should i contact regarding this.
In Credit Cards  -  Asked by Aman -  2 years ago

Best Answer:
As you are having Axis bank credit card only this bank can give you loan against credit card if they give it. In case bank gives you loan then it will not close your credit card unless you have paid back the loan amount completely. Regarding the other bank giving you loan it will check the cibil list in case your name is in the defaulter list then you will not get loan from any bank. In case you want to close your credit card you should write a letter to the bank that you want to close the credit card and attach copies of payments cleared as proof. Keep one copy of letter with you also as it is not easy to close the credit card as banks don't take action so soon and till the time it is closed they keep sending you statements. You should also clear the bank that you don't intend to use the credit card in future so they should not send any statement to you. Get the receiving of the bank official as proof that they have got the letter. When everything is settled cut the credit card into four pieces even the bank ask for it.
2 years ago - By Rajesh

Other Answers (2)
show:
Answer 1.
Banks never close the credit cards by themselves as they know this is the only segment where they can keep taking charges from the customers through penalties. I have not taken credit card though banks keep approaching.
2 years ago - By Sanjay
Answer 2.
With banking ombudsman there are several complaints relating to closing of credit cards as banks do not close the credit card account easily they keep sending statements mentioning some or the other charges even though you have stopped using it. People keep sending the reminders to the banks but they don't bother to read the letters. Banks should be made to pay heavy penalties for such a behavior to teach them lesson.
2 years ago - By Priyanka
Answer: Open Questions RSS
anuj crcard app_12012017380490n7
i taken credit card from icici bank ltd , which i paid and their is no due , noc has given ,
HOW CAN I SEARCH MY NAME CIBIL DEFAULTER'S LIST & HOW CAN I REMOVE MY NAME FROM DEFAULTER'S LIST.
how can we send a direct e mail to cibil info center ??
my name cibil or not 5/16 Anna street, madipakkam, chennai - 600 091
View All
Discover: Resolved Questions RSS
how can i get my sibil status?
my name in cibil or not
how can i search my name cibil defalter,s list & how can i remove my name from defaulter,s list
i want to my cibil record history. is it possible to remove all my history in cibil record
WHAT IS THE BALANCE AVAILABLE IN MY CREDIT CARD NO.4317575139020946
View All
Vote: Undecided Questions RSS
i lost and forgot my old ATM PIN. How can i create a new ATM PIN ? My atm is SBI. Pls help. Thnks.
My self Subhash Akhade i want to see my CIBIL record for credit card & all loans
View All
COMPARE RATES
Compare Credit Cards
Compare Car Loan Rates for a used car
Get best bank for Home Loan
Best FD rates by banks
Show All...
COMPARE QUICKLY
 Select a product:
 

CALCULATORS
Credit Card Debt Payoff Calculator
Credit Card Balance Transfer Savings Calculator
Credit Card Balance Transfer Savings Calculator
Car Loan Amount by EMI Calculator
More Calculators...
CALCULATE QUICKLY
 Select a product:
 

NEWS THIS WEEK
SBI still on track in the ATM space Jan 27, 2012
Banks plan to create pool of IT professionals Jan 27, 2012
Customers preferring e-banking over conventional channels Jan 23, 2012
Interbank Mobile Payment Service now available with SBH Jan 23, 2012
Customers preferring digital banking over branch banking Jan 17, 2012
News Archive
EDITORS' PICKS
ICICIs latest phishing warning email
Petro Cards 101: A detailed guide
Importance of reviewing your credit report
5 steps to avoid credit card debt and...
Credit profile and its effect on loan...