Pocket Money - SEBI Investor Awareness Website - Securities and ...

If you chose to pay only the minimum amount due it wouldtake you ____________ to pay back any amount in full.And in such case you will end up paying almost _______ towardsinterest alone for the Rs.1200 borrowed by you.So you would have to pay a total amount of over _______in all in repayment of the Rs.1200 borrowed by you.Advantages of credit cards1._______________________________________________2._______________________________________________3._______________________________________________Precautions to be taken with regard to credit cards1. Sign in the signature panel on your credit card as soonas you receive it.2. Maintain utmost secrecy with regard to your PIN (personalidentification number). You get the PIN from the bank througha mailer. Change the Pin as soon as possible and discardthe PIN mailer soon after. To access the bank's ATM youhave to use this PIN.3. Make sure that your credit card is returned to you immediatelyafter completing a purchase and do not allow it to be takenout of your sight.4. Check receipts against your monthly billing statements toverify your card transactions. Report any unauthorizedtransaction(s) immediately.87