Enhanced Credit Card Security


To enhance the security of online transactions through credit cards, RBI has made it mandatory to have an additional level of authentication, from 1st August, 2009. This additional level is a password, to be entered by the credit card holder after entering the credit card details during online payments. You will need this authentication while using your credit card for transacting online on any website in India, PolicyBazaar included.

This authentication is called VBV – Verified By Visa or MSC – MasterCard Secure Code. We encourage you to read more details of the RBI circular here.
(http://www.rbi.org.in/scripts/BS_CircularIndexDisplay.aspx?Id=4844)

How to get this additional password?

Its simple. You will have to log on to your credit card issuing bank’s website, register your card (for VBV of MSC) and get your password. Each bank may have a different process.

What do I do with this password?

Do not share the password with anyone. Now, every time you purchase a policy with PolicyBazaar, after entering your credit card details on the payment page, you will be redirected to your bank’s website. You must enter your correct VBV / MSC Password, after which you will again be redirected to PolicyBazaar to complete the purchase.

If I do not register, what happens?

If you do not register, you would not be able to transact online through your credit card. In case of emergencies, you do not want to be face that issue. For added safety, if your unregistered credit card is used for transactions of value of Rs. 5,000 and above, your bank will send you an online alert of “Card Not Present” and might not allow the transaction to succeed.

How would you transact on PolicyBazaar after 1st August?

To purchase your insurance policy you would follow the steps : Check the prices of desired insurance and choose the best suitable cover. Click on Visa / Master / Diners to pay through credit card. Enter your Card Details and continue. You will be redirected to the respective credit card issuing bank’s website where you have to enter your password Only after entering the correct password, the transaction can be completed. You will be redirected to the confirmation page.

Where do I register?

You could register by clicking on these links for your respective bank 

ABN Amro - http://www.abnamro.co.in/consumer/creditcard/secureCode.html

Axis Bank - https://secure.axisbank.com/ACSWeb/EnrollWeb/AxisBank/main/reg0.jsp

Citibank - https://www.citibank.co.in/ssjsps/ssindex.do

Deutsche Bank - https://www.dbindia.in/DeutscheBank/enrollment/enroll_welcome.jsp

HDFC Bank  - http://www.hdfcbank.com/campaign/visa/visa.htm

HSBC Bank - http://www.hsbc.co.in/1/2/personal/credit-cards/secure-online-payment-services

ICICI Bank - https://www.3dsecure.icicibank.com/ACSWeb/EnrollWeb/ICICIBank/main/index.jsp

Karur Vysya Bank - https://cardsecurity.enstage.com/ACSWeb/EnrollWeb/KVB/main/index.jsp

Standard Chartered Bank – https://cardsecurity.standardchartered.com/vpas/scb/enroll/index.jsp?locale=en_US&bankid=3577

State Bank of India – https://secure4.arcot.com/vpas/sbi_vbvisa/enroll/index.jsp?locale=en_US&bankid=6897


Note: PolicyBazaar has provided this information as an act of good faith. All the explanations are the interpretation of PolicyBazaar. PolicyBazaar is not responsible and shall not be held liable for any direct, indirect or consequential liabilities arising out of your decision to use or act on the above or otherwise.