The Hindu : Business : IDBI Bank launches international debit card

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Tuesday, Jan 15, 2008
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IDBI Bank launches international debit card

Special Correspondent

Available as a standard and a gold card

— Photo: Paul Noronha

Popular measure: Yogesh Agarwal (left), CMD, IDBI, with Nitin Gupta, General Manager, South Asia, MasterCard Wordwide, at the launch of IDBI Bank International Debit Mastercard in Mumbai on Monday.

MUMBAI: IDBI Bank and MasterCard Worldwide on Monday launched ‘IDBI Bank International Debit MasterCard.’

This card is available as a standard as well as a gold card. The usage limit of the standard card per day is Rs. 25,000 via ATM and POS terminals and Rs. 75,000 for the gold debit card.

“The launch of this card is part of our endeavour to expand our bouquet of products and service offerings. Over the next few months we plan to unveil more such innovative product offerings for our customers,” Yogesh Agarwal, Chiarman and Managing Director, IDBI, said here while launching the card at a press conference.

The IDBI Bank International Master Card combines all the uses of a standard ATM card, including access to bank accounts and banking transactions.

The card will be accepted at more than 25 million acceptance locations around the world, as well as, more than one million ATM locations world wide.

PTI reports:

Plans MF foray

IDBI Bank will soon launch two life insurance products, and start its mutual fund business in the next financial year.

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