Wednesday, Nov 05, 2003
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By Our Special Correspondent
The Debit card is being offered as a value added and technology driven service for its niche clients, coming in quick succession to the Internet and mobile banking services launched in July this year. Savings Suraksha is being offered to the bank's savings bank account holders and term deposit clients. Launching the products, the bank's Chairman and Managing Director, R. V. Shastri, said the two products were proof of Canara Bank's commitment to its customers to provide quality banking products and services. He said the bank aimed at one million Debit cards by March 2004. Offered free of charge, as a loyalty reward, the Debit card has been designed to facilitate customers in accessing their deposit accounts from automated teller machines.
The bank offers an automatic accident cover of Rs. 1 lakh for all cardholders, the premium of the cover is borne by the bank.
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