Monday 26 January 2015

Banking Term - 26/1/2015

Debit Card : 
             A plastic card issued by banks to customers to withdraw money electronically from their accounts.when
you purchase things on the basis of Debit Card the amount due is debited immediately to the account . Many banks issue Debit-Cum-ATM Cards.

  • ICICI introduced EMI System in Debit Card
  • Pay Electricity bills, Telephone bills, Income Tax, Mobile recharge etc........
  • Use as a POS in Shopping and so on
  • Risk of carrying physical cash reduced
  • Withdraw your cash anywhere, anytime.
  • Recently Transaction beyond a limit is chargeable and charges not applicable for BSBDA's




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