Fraudulent Purchase on SBI Credit Card – No Consumer Protection

SBI Card Frauds - Not investigated Despite so many checks to prevent fraudulent transactions, they are still rampant in India and this happens in the Card being present mode. One of our Reader Writes to us that, he is a customer of SBI GE Doctor Credit Card. [66334]

I want to inform you that there had been made a transaction of Rs 6999.00 on my SBI card 4317541049402012 on 10 august 2013. which I had not made and then immediately I request the SBI customer care help line no 18001801290 through phone on 11 august to block my card

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SBI Smart Payout Card for Aam Aadmi and UnBanked

SBI Smart PayOut CardSensing an Opportunity in Getting the UnBanked in India to use Banking Services, SBI introduced the Smart Payout Card in the Pre-Paid segment especially targeting Blue Colored Workers who have no Bank accounts.

Features of the SBI Smart Payout Card

  • Employers can give to any of their employees or contract workers, labors or managers managing small tasks
  • A Maximum Withdrawal Limit of Rs 25,000 per month
  • The Card can be re-filled with a maximum amount of Rs 10,000
  • Card can be used to Withdraw cash in ATM
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