Public sector lender Punjab Nationwide Financial institution (PNB) will quickly revise the ATM money withdrawal and Level of Sale (PoS) transaction limits for its prospects. The financial institution has uploaded a discover on its web site stating that the transaction restrict can be revised quickly however didn’t specify any date. Nonetheless, customers needn’t fear because the financial institution just isn’t decreasing the each day restrict however rising it for the comfort of the purchasers. As per the discover, the financial institution will revise the debit card transaction restrict for high-end variant playing cards.
PNB mentioned the ATM money withdrawal restrict for all platinum variants of Mastercard and RuPay and Visa Gold Debit playing cards can be revised to Rs 1,00,000 per day from the current Rs 50,000, whereas the POS restrict can be elevated to Rs 3,00,000 per day. day can be finished. 1,25,000 a day at current from Rs.
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The financial institution additionally mentioned that the ATM money withdrawal restrict for RuPay Choose and Visa Signature Debit playing cards can be revised to Rs 1,50,000 from the present Rs 50,000. The POS transaction restrict for these playing cards can be revised from Rs.1,25,000 to Rs.5,00,000 per day.
The financial institution mentioned, “The above would be the most per day transaction restrict for the actual variant of Debit Card. Clients are suggested to set their personalized restrict by way of Web Banking, Cellular Banking App, PNB ATM, IVR or by visiting Aadhaar department.” ” ,
Although this can be a good transfer, it may be dangerous in case of cyber frauds. Therefore, prospects can decrease the each day transaction restrict as per their requirement by logging into web banking or cell banking app of Punjab Nationwide Financial institution.
For PNB prospects who’ve a Basic Debit card issued by the financial institution, the each day money withdrawal is Rs 25,000 whereas the utmost quantity that may be withdrawn from ATMs in a single transaction is Rs 20,000. The POS transaction restrict for these prospects is Rs 60,000 per day.