MoneyWorks4Me

Central Bank of India partners with NPCI to launch 'CBoI RuPay' business platinum debit card

30 Dec 2021 Evaluate

Central Bank of India has partnered with the National Payments Council of India (NPCI) to launch 'CBoI RuPay' business platinum debit card, a tailor-made offering for firms/corporates. The card will enable companies to support their businesses financially along with several benefits.

The benefits include ATM withdrawal limit of Rs 1 lakh with a purchase of up to Rs 3 lakh at point of sale (POS) or e-commerce portal, withdrawal of Rs 75,000 at ATMs abroad, global purchases of up to Rs 3 lakh at POS and international online merchants. Customers using the CBoI RuPay Business Platinum Debit Card will also get a purchase protection coverage of Rs 2 lakh and accidental death and air accident coverage worth Rs 10 lakh and Rs 20 lakh.

Users of the card will also get reward points on every purchase besides access to domestic and international airport lounges twice per quarter and two times a year, respectively.

Central Bank of India is a commercial bank. The bank’s segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and other Banking business.

Peers
Company Name CMP
State Bank Of India 948.20
PNB 116.50
Bank Of Baroda 237.40
Canara Bank 119.70
Union Bank Of India 172.70
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