I was using a HSBC credit card issued to me on 30/06/2006.
I have used it till Apr\'07 without any issues. After that suddenly they started charging Rs 329 towards TATA AIG GEN.INSURANCE-MOÂ (Mumbai) without my consent. I made numerous calls to HSBC credit Card and TATA AIG Insurance department about the issue but it continued for next 2 months. Then finally I made the payment of all my purchases done on the credit card on 27/06/2007 and conveyed the concerened credit card department to close my card as I am not going to pay the amount they have charged me for the insurance, which I have never applied for, and neither the Interest or Finance charges they have levied for non payment of insurance premium for the two months.
Now they have registered me with negative rating in CIBIL and marked my card status as written off. Following which my Home Loan application with IDBI is in Hold. And I am stuck as I am not able to proceed with the porperty I have selected to buy.
You can escalate the issue to the nodaql office and then to RBI banking ombudsman. I have a similar issue with HSBC which I am following up with HSBC nodal office and planning to go to consumer court/RBI ombudsman in case of issue not being resolved. You can give me a call on ********75.
I am sure we all cam make a group and make complaint against so that they do exploi week consumer law in India.