Stay Safe From This | Credit Card

Опубликовано: 04 Июнь 2026
на канале: Fiknown
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Stay Safe From This | Credit Card #shorts

Reserve Bank of India (RBI) introducing the concept of ‘zero liability’ and ‘limited liability’ for bank customers for any card or online fraud.

A customer will have zero liability in respect of a fraudulent transaction if there is contributory fraud or negligence on the part of the bank.

The customer will also not be liable if there is a third party breach, without bank involvement, which is reported to the bank within three working days of receiving communication regarding the unauthorized transaction.

If you've debit card / credit card then this will save your money

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