State Bank of India,, country’s largest lender has launched Platinum Debit card. Bank has a debit card base of over 70 million, have SBI Cash Plus, SBI Gold Debit Card and SBI Yuva Card.
On this card bank provides daily with drawl limit of Rs 1 lakh from ATMs and spending limit of Rs. 2 lakh at PoS (points of sale). The Platinum Debit Card holders will get extra benefits like they will have access to premium lounges, golf courses and various lifestyle outlets in India and abroad.
Apart from this cardholder will get insurance coverage of Rs 5 lakh for accidental death and Rs 50,000 for liabilities arising out of card loss as supplementary benefits.
The new debit card was launched in a function held at Mumbai. O. P. Bhatt, Chairman of the Bank, handed over the first Platinum Debit Card to Ashok Chawla, Secretary, Union Ministry of Finance, and Shyamala Gopinath, Deputy Governor, RBI. C. Narasimhan, Deputy Managing Director (Corporate Strategy & New Businesses), described the card as a premium payment product to cater the needs of high net worth individuals (HNIs) and bank’s affluent customers.
He said it is the first chip-embedded SBI debit card.
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2 comments:
THE BRANCHES ARE UNKNOWN ABOUT THIS CARDS!! UNABLE TO AVAIL SERVICES.PLEASE ISSUE CIRCULARS TO RESPECTIVE BRANCHES TO ISSUE THESE CARDS !!!
Awesomw
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