Updated By: LatestGKGS Desk
Karnataka Bank Ltd has launched ‘KBL-Deposit Only Card’ that enables hassle-free cash deposit transactions at the bank’s 24X7 e-lobby services.
The KBL-Deposit Only Card is especially meant for the bank’s current/overdraft customers. These customers can perform cash deposit transactions even with higher deposit limit at the bank’s bunch note acceptor (BNA) or cash recycler kiosks by using this card.
The KBL-Deposit Only Card limit for the cash deposit a day is Rs 10 lakh.
The KBL-Deposit Only Cards will empower the corporate customers and businessmen to deposit cash and business proceeds to their account, round the clock, even at different locations.
In future, KBL-Deposit Only Cards may be permitted with inter-operable cash deposit (ICD) transactions – that is cash deposit at other banks’ BNAs or recyclers when NPCI ICD initiative is enabled at the bank, he said.
Founded: 1924
Headquarters: Mangaluru, Karnataka
CEO: M. S. Mahabaleshwara
Tagline: Your Family Bank, Across India
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