Not sure, you will have to get in touch with someone from their help desk and ask. I think list is also mentioned during application, you can abort if you are not listed, but I would strongly suggest doing it from some other popular place like Mumbai or Bangalore, change addhar address...
Yes, as said in the original post, that is against the norm. Bank is only supposed to charge interest on the original amount, which was 11k in your case.
Only unpaid balance, even from the actual statement.
Let's say you had 10k bill, you paid 1k before given time but not rest, then bank can only charge interest on 9k. Nothing else. Failure to pay interest in next cycle will attract interest on everything, including interest on the pending...
There is some confusion here, transferring money from cc to bank account can indeed get ITD notice
They will ask where this money has come from in your account, you will have to answer.
They will not do their own "assumptions" like this is "borrowed from cc", you will have to provide documents...
Most of my cards I use regularly have small limit, depending on what your use case is, 80k is more than enough. But if you spend more than 20k per month on a card like legend, probably try for LE. Or use different cards.
I have no other relationship with the Indus bank other than this cc, and I...
Be careful when going lower on budget, most of these guys import before mixing flavor and putting it in their own package, I must note that imported protein prices has more than doubled in last few years, so it's virtually impossible to have pure but cheap protein brand.
Apay card was pre-approved for me since at that time I had other ICICI cc. But before having that card when I had applied (almost a year ago it was given basis existing ICICI cc), someone from ICICI had come to do the kyc at my home. So rest assured this is not the norm.
Fyi, I also had a...
For what? For doing kyc or not doing it if you have account?
I have more than half a dozen accounts and 17 credit cards, haven't had a time other than maybe Kotak which didn't ask for Kyc for white, they only confirmed details on call and asked if I wanted the card or not.
Oh, yes, axis also...
Irrespective of that, it's very rare for banks to not do separate kyc for cc. Happens only when you have pre-approved offer on your account with the bank, otherwise irrespective of you having an account with them or not, they will usually do the kyc. Their purpose is to also do basic...
Tax paid by individual person is personal use, however you are also not completely wrong to consider other side, its possible that some bank may review this in a case by case manner.
99% you can rest assured that this is personal use. Also, individual trading stocks/F&O is not really...
Your only option left is to complaint to CIBIL directly and also post on all the social media you have, tag both kotak and cibil.
This is one of the areas where lot of development is needed, both banks and cibil simply don't pay enough attention, in your case its still a small issue some ppl...