IDBI Bank offers an easy solution to Corporates to make salary disbursement and other reimbursement to their employees through IDBI Bank Cash Card without opening a bank account. This Card will also be issued to an individual to meet their daily financial needs.
The corporate opting for IDBI Bank Cash Card can give this card to their employees for getting their Salary Disbursed and the employees are not required to open an account with the bank for this. Now, Individuals can also apply for the IDBI Bank Cash Card and can avail the services offered with this product. Individuals need not be the customer of the Bank.
The IDBI Bank Cash Card allows the corporate employees/ Individual to use this card to make purchases at 5.5 lacs merchant establishment in India and it can also be used to withdraw cash from over 1630 IDBI Bank ATMs and over 1,00,000 shared network ATMs in India.
IDBI Bank Cash Card Advantage
The IDBI Bank Cash Card is power packed with loads of benefits and attractive offers.
Benefit to the Corporate:
- Reimbursement to employees
- Salary Disbursement
- Incentive payment to employees / staff
- No Account required. Need not be a customer of the bank
- Convenient alternative to demand drafts, cheque or cash disbursement to employees / staff / Individual
- No reconciliation problems
- Reloadable- which means you can disburse more cash to the same employees / staff as and when required with the maximum limit of Rs. 50,000 per month
IDBI Bank Cash Card Features
- Visa Flag Card: Can be used to make purchases at over Rs. 5.5 lacs merchant establishment in India. It can also be used to withdraw cash from over 1630 of IDBI Bank ATMs and over Rs. 1,00,000 Visa / Plus ATMs in India.
- Can be used more than once: The card can be used to make repeated purchases / withdrawals till the specified value on the card have been spent.
- Ease of use: This card is available to IDBI Bank & non IDBI Bank Customers (Corporate as well as Individual).
- Accessibility: This card can be loaded for any amount up to Rs. 50,000/- per card per month as per the instructions from the Corporate/ Individual.
- Validity: This card is valid for a period of 2 years from the date of issue.
How to Apply
To avail of this service, all you need to do is walk into an IDBI Bank branch or you may click here to leave your contact details
FAQ for Cash Card