A Case of Appropriation of Money against HDFC Master Credit Card

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HDFC Credit Card Mis Appropriation of FundsA reader submits that all is not well when it comes to the business practices of HDFC Bank credit Card. Here is a Consumer Woe on the same.

I had tried to renew Reliance General Insurance Mediclaim Policy (New Policy Number 9202522825002493) online on 6th December 2012 whose renewal was due on 7th December 2012. The amount was debited to HDFC Bank Master Credit Card ending with 6281 but the transaction with the merchant failed and no policy was issued. I immediately disputed the same with HDFC Bank and to reverse the amount. Meanwhile Reliance General Insurance using the information from the Bank

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SBI Unwilling to Investigate Fraudulent Withdrawals / Charges on Debit Card

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SBI Debit Card FraudEight months ago we alerted you all about the massive Credit Card Fraud that had hit Indian users of Plastic Money. HDFC Bank the Largest Issuer took concrete steps to issue cards with EMV complaint Chips followed by ICICI going ahead and launching the most secured credit card – CodeSecure. However, Nationalized bank SBI has done very little to protect its consumer interests. A reader of this website [65450.1.2013] writes to us as following,

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What is the Co-Relation Between CIBIL Credit Score & Loan Sanction ?

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CIBIL CardBhai Interaction on Loan Approval & Credit ScoreThe demand for loans in India for various products, including home and auto loans from banks and other financial institutions in India, has grown a sharp 150% since 2010, according to CIBIL. As India’s largest credit information company, CIBIL has 930 credit institutions as its members and maintains information on over 290 million consumer trades and 14 million commercial trades

What are the hit rates on CIBIL? Have they gone up?

Bank of Baroda Launches Signature VISA Card with Chip

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BOB Credit CardBank of Baroda’s (BOB) subsidiary – BOBCARDS has launched Bobcard Signature Card in affiliation with VISA. The card was launched by the bank to commemorate the 19th Foundation Day of BOBCARDS.

Bobcard Signature Card is designed to suit the lifestyle and status of the super premium segment. As required by the latest RBI Guidelines, the Card is equipped with the security of CHIP so as to prevent

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SnapDeal Shopping is Secured for Credit Cards

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I was planning to BUY a Book and found it to be cheaper on SnapDeal and instantaneously jumped in to BUY the same. Registered for the first time and was almost ready to provide my Credit Card details thinking that a popular site like SnapDeal would have https [secured] connection carrying consumer credit card details.

However, I cross checked as always and couldn’t see the “Lock” icon on the browser nor the “https”. With so many browser upgrades I thought it could be hidden and right-clicked to view the page properties. It was only then my suspicion was confirmed that SnapDeal Credit Card Interface was on an unsecured Network. I am attaching a Screenshot of my bitter

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ICICI Bank Carbon – Visa CodeSecure CreditCard, Asia’s First trusted for Internet Transactions

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icici bank carbon secured cardICICI Bank became the first bank yesterday to launch VISA CodeSecure Card named ICICI Bank Carbon Credit Card beating HDFC Bank, the largest issue of Credit Cards in India in adopting technology.

We all know about the existence of Verified by Visa Cards. So what exactly is the ICICI Carbon VISA CodeSecure Credit Card ? This card is developed using the NagraID Security’s 12-button smartphone-like TOUCH keypad technology which enables secured authentication mode and card PIN protection with unprecedented ease of use and simplicity.

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