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Why was HDFC Bank barred from issuing credit card?
In December 2020, the RBI had barred HDFC Bank from issuing new cards and introducing new digital initiatives after repeated instances of technological outages at the lender, which is the market leader in the credit cards segment.
How can I request for reissue of credit card?
Credit card replacement is a simple process. Firstly, inform the bank of the damaged Credit Card. You can call the Customer Care number and report that your Credit Card has been damaged. The bank will then hotlist the damaged Credit Card.
How much does it cost to reissue a credit card?
Normally, there is no charge to replace a lost or stolen card. However, you may be charged $5 depending on the circumstance.
Can I request a new credit card online?
You can typically apply for a credit card online in a few simple steps, but it's important to get the facts about what is included in an online card application.
Can a Hotlisted HDFC card be reactivated?
You have successfully blocked your lost/stolen Credit Card Bill online using HDFC Net Banking. It may take normally upto 2-4 working days to get the Card hotlisted in the System. Please note that by confirming this request your card(s) will cease to function and cannot be reactivated.
Usually, banks work swiftly to block lost Debit Cards instantly. Now that your card is hotlisted, you should reissue a new Debit Card. You can do the same through digital channels (Mobile Banking / NetBanking) or go in a branch and get instant Debit Card.
Is HDFC credit card ban lifted?
In August last year, RBI had partially lifted ban on HDFC Bank allowing it to resume issuing new credit cards. The private lender back then said it had issued a record credit cards after the partial lifting of curbs.
Can HDFC issue new credit cards?
MUMBAI: The Reserve Bank of India (RBI) has allowed HDFC Bank to issue credit cards to new customers in a partial rollback of the restrictions imposed by the central bank in December 2020. The ban on launch of new digital offerings will continue for now.
How long will it take to get a new HDFC credit card?
Once you've submitted a request for a new Credit Card, HDFC Bank will dispatch the card to your registered address within 10-15 working days. You can continue to use your existing Credit Card till you receive your new card. We will keep you informed of the shipment details.
Can I request a new credit card online?
You can typically apply for a credit card online in a few simple steps, but it's important to get the facts about what is included in an online card application.
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(PDF) Usage of Mobile Banking App in Chhattisgarh | IJIRST
2) HDFC Bank Ltd apps— Chillr and PayZapp. ... Lime allows users to load money from their debit and credit cards and through net banking.
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