HDFC Bank Credit Cards
Fraud case by billing invalid expenses automatically

Credit card fraud by HDFC Bank

I have received 3 credit cards over 3 years and the credit statement keeps getting added with newer amounts with some late payment fees, CESS, some Service tax amounting to nearly 800-900 rupees everymonth. I have not used a single credit card of yours at all in all these 3 years and still i am getting this. Now the credit card outstanding statement says i have to pay some 21000 rupees!! This is a classic case of Credit card fraud.

How this HDFC Credit card Fraud Nexus works?

1. This is how i am in a problem - Every card comes with some insurance policy attached to it and they bill you the premium on the first of the month and that is how your first transaction is automatically made by them.

Since the transaction is done, you will need to pay them the amount. And they send you the bills but you don’t care to pay them because you have not done any transactions you feel and you don’t pay.

Then they the late payment charges and the service charges etc.

Then very intelligently, they remove the premiums on your account. But they don’t remove these service tax saying service tax cant be removed – that we have to pay!!

If you choose to ignore the services, that is when they will keep adding late payment fee every month. And late payment fee for every month is 600, and tax and everything together it comes to around 900 rupees everymonth.

Today I have 3 credit cards which I have never used and still I have 3 insurance policies on the credit cards and though I have never used them at all, I am getting a notice from HDFC bank that I have to pay outstanding amount of 21000 rupees. Else a notice will be sent to RBI that I have defaulted in my credit card payments, so that other financial transactions of mine would be impacted.

I would not keep silent – If this thing is continuing – I will ensure that everyone in HDFC bank and at RBI are aware of the HDFC Credit card Fraud case so that this thing is resolved.

If someone in HDFC credit cards is reading this, please let me know how to fix this problem. You can contact me at Subhendu dot Infosys at gmail dot com.