debit card - The Informal News

If You Pay With Debit Card, Credit Card, and UPI, Then This Rule is Changing From October 1

theinformalnews5 years ago5 years ago02 mins

Debit Card, Credit Card, and UPI Payment Rule: After the announcement of the Reserve Bank of India (RBI), now banks or digital platforms will seek permission from the customer before auto-paying any bill through debit card, credit card, and UPI. This arrangement will come into effect from October 01. Banks and digital platforms have made full preparations…

ICICI Bank’s new debit card, even if there is no money in the account, you can transact up to 3 lakh rupees

theinformalnews6 years ago6 years ago04 mins

ICICI Bank has introduced this facility after RBI allowed electronic card issuing to customers availing overdraft facility. An overdraft is also a type of loan called loan against securities (LAS). This facility is also like a personal loan. ICICI Bank has introduced a debit card facility for customers taking loan against securities. It is the first bank in…