One of the country's newest banks, Bandhan Bank has rolled out its Visa international debit cards for its customers. The bank said that it has also started services for its NRI customers with a slew of products.
The international debit card is EMV compliant and compliant with all the necessary regulations of The RBI, the bank has said.
The debit cards have been issued in two variances -- Visa Classic and Visa Platinum.
The difference here between the two cards is that the Classic debit card holders will have a debit card limit of Rs 40,000 per day and make POS purchases worth Rs 1 lakh while the Platinum card holders will have a daily withdrawal limit of Rs 1 lakh and can make POS purchases worth Rs 4 lakh.
Bandhan Bank commenced its operations on August 23, 2015, with 501 branches, 2,022 Door-step Service Centres (DSCs) and 50 ATMs across 24 Indian states. Currently, it operates across 27 Indian states through a network of 612 branches and 203 ATMs, catering to over eight million customers, being served by nearly 20,500 employees. Since its launch, the bank has collected deposits to the tune of Rs. 7,000 crore.
