The credit card issuing companies say that the users should pay atleast minimum amount by the due date EVEN THEY ARE NOT IN RECEIPT OF A PARTICULAR MONTH'S statement. But when the user deposits a cheque at any Drop Boxes provided by the issuing company the user do not have any proof that he deposited the cheque on a particular date. Any fault or problem by the card issuing company in collecting the cheques or even in loss of cheque will result in fine and other charges to the users and the card company does not take any responsibility in this. Moreover, they say that a cheque deposited in a drop box will take 4 to 5 working days to be credited into the account. But RBI guidelines for Other a/cs like SB,CC,CA are different. Will these problems will be addressed in the fresh set of guidelines to be issued by RBI
