Cash at POS facility on debit cards

IDBI Bank now offers its Cash at POS facility for debit cardholders of any bank in India. This facility would enable the debit cardholders of any bank to withdraw cash at IDBI Bank's designated merchant establishments by swiping their debit cards on the Point of Sale (POS) terminals. Similarly, IDBI Bank debit cardholders can avail of this facility at the designated merchant establishments of any bank.

The facility can be availed of either as a pure cash withdrawal or alongwith purchase of goods & services. The merchant establishment will not levy any charges for dispensing cash.

IDBI Bank has decided to offer this facility free of charge to its debit card holders.

The facility of cash withdrawal at POS is available only for debit cards issued in India. The maximum cash that can be withdrawn in a day is currently limited to INR 1000 only. The Cash at POS facility provides an additional and convenient channel for withdrawing cash from one's bank account. This facility will substantially increase the access points for cash withdrawals in the country.

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