United Bank of India (UBI), a Kolkata-based lender, has unveiled its RuPay International chip debit card. The bank now has chip-based debit cards on both RuPay and VISA. The RuPay card will have a daily withdrawal limit of Rs 50,000 from ATMs, POS and online purchases. Furthermore, the bank is planning to launch Platinum debit cards for HNI customers with additional offers on payments, including airport lounge access.
United Bank of India is one of the 14 major banks which were nationalized on July 19, 1969. After nationalization, the Bank expanded its branch network in a big way and actively participated in the developmental activities, particularly in the rural and semi-urban areas in conformity with the objectives of nationalization.
