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Credit card transaction as loan to other person

This query is : Resolved 
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(Querist)
24 September 2016 Hi
Please advise me I want to start a business with small capital but I need a large capital

Than can I receive money In my business from other person credit card as loan
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CA Sumiit B Nagpal

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CA Sumiit B Nagpal (Expert)
24 September 2016 Yes you can take loan through credit card
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dharmesh

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dharmesh (Querist)
25 September 2016 Hi what is the limit of loan taken by others person credit card



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CA Sumiit B Nagpal

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CA Sumiit B Nagpal (Expert)
25 September 2016 No Limit, limit applies for cash transactions only

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