Get Free Study Materials
Home   »   ICICI Bank offers debit card for...

ICICI Bank offers debit card for customers availing LAS

Posted bySumit Arora Published On October 7th, 2020 Leave a comment on ICICI Bank offers debit card for customers availing LAS
Featured Image

ICICI Bank offers debit card for customers availing LAS_4.1

ICICI Bank has launched a debit card facility for the customers availing the Loan Against Securities (LAS) from the Bank. The debit card is available on the Visa platform. With this launch, ICICI Bank has become the first bank in India to launch such a facility.

The LAS debit can be used by customers across all domestic merchant establishments to make seamless POS and online transactions like payments on e-commerce portals among others, using their sanctioned LAS amount.

Boost your Banking Awareness Knowledge with Adda247 Live Batch: TARGET GA BATCH | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams

Benefits of the debit card:

  • Transaction limit: The card offers a maximum daily transaction limit of Rs. 3 lakh each for POS and online transactions.
  • Digital card: The Bank provides a digital card to customers, which is made available on iMobile app within one business day. (Physical card will be made available within seven business days.)
  • Automatic renewal: The card is automatically renewed upon renewal of the LAS account.

Important takeaways for all competitive exams: 

  • CICI Bank Headquarters: Mumbai, Maharashtra.
  • ICICI Bank MD & CEO: Sandeep Bakhshi.
  • ICICI Bank Tagline: Hum Hai Na, Khayal Apka.

Find More Banking News Here

ICICI Bank offers debit card for customers availing LAS_5.1
About the Author
Sumit Arora
Sumit Arora
Author

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.

Trending News

ICICI Bank offers debit card for customers availing LAS_7.1

Monthly Current Affairs

Recent Posts

Test Prime

IMPORTANT EXAMS

Our Other Websites

Welcome to the Current Affairs Section of Adda247. If you are preparing for Government Job Exams, then it is very important for you to read the Daily Current Affairs. All the important updates based on current affairs are included in this Daily Current Affairs 2024 article.

Download Adda247 App

google store

Follow us on

  • youtube
  • facebook
  • twitter
  • telegram
  • linkedin
  • whatsapp
© 2024 Adda247. All rights reserved.