Indian Overseas Bank (IOB) has launched a new RuPay Select Debit card, to provide luxury, convenience, and security, all in one card.

Indian Overseas Bank (IOB) unveiled all new RuPay Select Debit card via tweet.

IOB said in the post that Rupay Select debit card will provide with “luxury, convenience, and security, all in one card.”

"Unleash the power of your spending with the IOB Rupay Select debit card. Experience luxury, convenience, and security, all in one card."https://t.co/HxjTfQj8tf #IndianOverseasBank #DFS #RBI #ATMcard #RupayCard #ATM pic.twitter.com/YEqx1bJGEH
— Indian Overseas Bank (@IOBIndia) July 3, 2023

The introduction of the RuPay Select debit card will offer users with gym memberships, free health check up, complimentary golf lessons, spa services, and lounge access in selected domestic and international airports.

Eligibility Criteria : One is required to have a savings bank account or a certificate of deposit (CD) with IOB, maintaining an average daily balance of ₹ one lakh.

Cash withdrawal limit is set to ₹50,000. Daily limit for usage in merchant establishments (PoS) is set at ₹ five lakh. An amount of up to ₹3,50,000 is set for daily usage in e-commerce platforms..

Source : Thehindubusinessline

Published On : July 5, 2023

Category : Banking