Features of Debit Card

i. It is a combination of a Cheque and ATM card. Therefore, there are no fees for using the ATM for cash withdrawal, or as a debit card for purchase.

ii. The Debit Card service is meant for withdrawals against the balance already avail­able in the designated account.
iii. It is the card holder's obligation to maintain sufficient balance in the designated account to meet withdrawals and service charges.
iv. A Debit card is more affordable than a credit card. We just use our bank account for all our transactions.
v. No credit period. Our bank account is debited immediately.
vi. No credit check is required to get a Debit card.
vii. Use of the card is terminated without notice, upon the death, bankruptcy or insol­vency of the cardholder or for other valid reasons.
viii. Spending is limited to our bank balance.