Volume : I, Issue : II, July - 2012

A Study on the Customers Opinion on the Benefits of the Credit Cards Around Combatore District

Mrs. G. Murali Manokari

Abstract :

A credit card is a device, which enables the holder to obtain goods on credit from specified supplies. The holder of the card in some cases has to pay the yearly subscription and the suppliers also have to pay commission on sales to the bank or other body issuing the card. The suppliers are paid promptly and so are protected against bad debts, while the holder makes a single monthly payment to cover all his purchases for that period. Credit cards are issued only after the applicant’s credit worthiness has been accepted as satisfactory. Coimbatore is one of the commercial cities in south India. For this study different types of banks were selected and card holders of different banks were approached in for collecting the data. 300 card holders of the leading banks were approached in for collecting the data. 8 top banking institutions who are issuing the credit card were selected for the study

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Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

Mrs. G. Murali Manokari A Study on the Customers Opinion on the Benefits of the Credit Cards Around Combatore District International Journal of Scientific Research, Vol.I, Issue.II July 2012

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