CIN: L65190MH2004GOI148838

For Immediate Publication / Broadcast / Telecast

PR-1320

IDBI Bank launches CASH@POS service at the Mumbai Airport

Mumbai, November 21, 2016: IDBI Bank, as part of its continuous initiatives to provide service and convenience to the customers, has launched IDBI Bank CASH@POS at the Mumbai Airport on November 20, 2016.

Under this first of its kind facility, air travelers would be able to swipe their Visa/ Rupay Debit Cards linked to their Savings Bank Account and the bank officials would hand over the cash to them by completing the CASH@POS transaction. Presently this facility can only be used to withdraw an amount of Rs 2,000/- per Debit Card per day as per the mandate of RBI for cash withdrawal at POS.

Travelers who are customers of IDBI Bank and select other banks, that are enabled for CASH@POS would be benefitting by this service. Through this service IDBI Bank has opened another channel to ease the load of cash dispentation at various banking outlets.

The Bank has been provided two counters by the MIAL (Mumbai International Airport Limited), one at the Domestic Terminal, functioning from 8:00 am to 10:00 pm, to cater to the large number of domestic travelers, and the other at the International Terminal, functional from 2:00 pm to 6:00 am in the morning.

IDBI Bank received the National Award 2016 (First Prize), instituted by Ministry of MSME, for excellence in lending to MSMEs. Seen in the picture, Shri Narendra Modi, Hon'ble Prime Minister of India, handing over the award to Shri Suresh Khatanhar, Executive Director, IDBI Bank.

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सीआइएन / (CIN)L65190MH2004GOI148838

IDBI Bank Limited published this content on 21 November 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 21 November 2016 14:11:09 UTC.

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