[Resolved]  Reliance Money — unethical trade

Reliance Money is not only an unethical but an cheat company as well.

I opened an account with Reliance Money when they gave offers of less brokerage and better services in 2007. But little did i know i am going in a trap.

Just after some transactions i was amazed to found RS 1000 has been deducted from my account without any knowledge. To my surprise no intimation or mail was sent to me.

Upon waggling up with customer care i came to know that they have deducted money for some limit card which is an onetime fee for all transactions.

I calmed down thinking that only one time money transfer is better than paying for every transaction.

But soon they have started charging for every single transaction a flat sum of 15 rupees. just imagine paying 15 rupees when you are incurring losses in thousands.

They have also taken the limit card money means charging the customer on all fronts.

I am now planning to take them to consumer court for all of these unethical practices.

If anybody else has some issues please contact me at [protected]