Hi Pradeep,

You could consider using the AccountBudgetProposalService to set up account 
budgets to control what an account can spend over a specific period of time by 
defining budget properties like spend limit, start time, and end time. They 
must point to one of the account's billing setups, to indicate which specific 
Payments account will be billed. You could refer to this guide on how to set up 
the account budgets. However, it is not possible to retrieve the billing status 
of the account or if payment or credit card failed via API. I have added a 
comment to the submitted feature request to the team with your updates and 
please keep an eye on our developer blog to monitor the updates on the releases.

Thanks and regards,
Xiaoming, Google Ads API Team
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