Tuesday, January 15, 2008

IDBI Bank and MasterCard Worldwide launched international debit card

IDBI Bank in a joint venture with MasterCard Worldwide launched ‘IDBI Bank International Debit MasterCard’ on Monday.

The card will be available both as a standard as well as a gold card. The IDBI Bank International Master Card have all the features of standard ATM card, including access to bank accounts and banking transactions The standard card have a usage limit of Rs. 25,000 per day via ATM and POS terminals whereas for the gold debit card the limit is of Rs. 75,000.

Addressing a press conference at the launch of the card the Chairman and Managing Director, IDBI Yogesh Agarwal said, “The launch of this card is part of our endeavor 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,”

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.

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