Thursday, June 27, 2013

Wait longer for safe bank cards

..........Considering that RBI has extended the deadline for new cards, your bank will approach you with the new card before 30 November. Till then you can continue using your existing cards. The move to replace the existing card came in due to a rise in frauds. Remember that a chip-based card is more secure as it is difficult to copy data from it compared with a magnetic-strip card. To ensure that the card reaches you, do update your address with the bank............

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