Supposed I have Hdfc credit cards Limit card of 20k and an available cash amount 8000. I purchased a product of approximately 15k, an emi for approximately 2k monthly. How it comes 4k only, in available cash balance. May I know these meaning..?

Hi,

Welcome to eTI forums.

Its quite simple, its called Authorization Amount. It like when you pay Rs. 15K on EMI., company deduct whole 15K from your account. So now from 20K limit, now you have only 5K limit available.

Now as you pay your first EMI for Rs. 2k, now you will have 7K limit available. On on the basis of total available limit, cash limit is adjusted dynamically.

Hope that explains, let me know if you still have any doubt.