Credit Card against FD(SBI advantage card)

Discussion in 'Payment Processing' started by sruthin, Sep 9, 2010.

  1. #1
    Hello
    today i have applied for sbi advantage card and put FD, But they did not give original FD certificate(gave only copy),This procedure is right or wrong?
    Thank You
     
    sruthin, Sep 9, 2010 IP
  2. RightMan

    RightMan Notable Member

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    #2
    Take it in writing from them.. and I guess you would be fine.

    It might be done to prevent you from encashing such deposits till you are given free access to credit card money! It is kind of security against the money so lent to you through CC.

    Regards,

    RightMan
     
    RightMan, Sep 9, 2010 IP
  3. ramandeepsingh89

    ramandeepsingh89 Peon

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    #3
    Yep. maybe a security measure from them.
    But, the the copy signed and stamped by the bank as an approved copy of the original..
     
    ramandeepsingh89, Sep 10, 2010 IP