In a bid to target the high-income group in urban localities, Vijaya Bank, the Karnataka-based bank has introduced two debit cards in partnership with VISA and RuPay. The Visa Platinum card comes with an international EMV chip with enhanced security features and has daily cash withdrawal limits of Rs 50,000 and shopping limit of up to Rs 1 lakh a day at merchant outlets. The RuPay Platinum card comes with similar facilities but is valid only in India. As value added feature the card holder is provided personal accident insurance coverage.
Vijaya Bank, the Karnataka-based bank offers various products and services specific to various segments such as it has saving accounts for children, scheme for women clientele, credit facilities to minority communities like Zoroastrians, Buddhists are among others.