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Debit card holder must read the rules will change soon

Debit card holder must read the rules will change soon

Debit card holder must read the rules will change soon

Debit card holder must read the rules will change soon

The Reserve Bank of India (RBI) is going to change the rules related to debit and credit cards. This change will take effect from 30 September 2020.

If you are a debit and credit card holder, you need to know the rules. These changes allow you to connect to international transactions, online transactions and contactless card transactions. However, changes to the rules were to take place in the first quarter of the year.

Pay by Clock Now Not Debit Card, Customer can change this amazing feature by launching SBI. This facillity wiill be available 24×7 . Simply put, you can now set your ATM card anytime by going to the mobile app, internet banking, ATM machine, anytime through IVR. The new rules from RBI will be applicable to debit and credit cards from September 30, 2020.

Debit card holder must read the rules will change soon

Allowing Domestic Transactions The RBI has asked banks to allow domestic transactions to customers when issuing debit and credit cards. This means that if there is no need to withdraw money from the ATM machine and foreign transaction will not be allowed for PoS terminal shopping. After 3 days of sharp fall in gold and silver prices, customers will be able to decide their own needs after the new rules come into force.

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