Monday, September 30, 2013

Zero Percent Sceme Hundred Percent Fraud

The Reserve Bank is in front of you with the new body and flavour it now customer concerns it raises concern that companies benefit from the banks, but not by pahunchatin customers. the question is whether companies RBI Chair of sanjana. new circular RBI Chair customers saugata Roy? At least a slap at corporate marketing strategy course. this new Central Bank was many lessons.

Over the past several years to meet credit card customers Bank and retailer-i.e. zero zero interest percent interest to run EMI scheme. but now the RBI Chair, banks said he plans to give up credit card customers to close such instead back the Central Bank's argument is that due to the hidden charges with these plans is confusing although RBI Chair in June this year has informally banks It said he was close to such plans, but nonetheless these schemes by banks due to the continuation of the RBI Chair has issued the notice for the complete ban on these plans.

EMI zero interest schemes sponsored by dealers in addition to prevent the Reserve Bank has blocked those plans, too, where some processing charge in many different bank great buy EMI option to change your status card holders. Apart from those stores RBI Chair banks Association said that by a customer when you pay via debit card charge more fees from Although various RBI Chair it's micro-management banker Sotto tongue agreement. but he must start to take back such plans.

In fact, in the last few years zero interest EMI plans were quite popular and durably stores various consumer electronic goods stores. indiscriminately run them. However these plans did not take any interest in, but often include a processing fee for such goods was giving cash to buy the fridge than under this scheme to purchase her client had to pay more overall.