Bank of India is one of the largest nationalized banks of India. Headquartered in Mumbai, this bank was founded in 1906 and was nationalized by Indira Gandhi in 1969.
Bank of India has more than 4500 branches in India, and is also expanding extensively outside India. It is also trying its best to become more customers friendly. In fact, the bank is targeting to become the most customer friendly nationalized bank of India. As a matter of fact, Bank of India is the founding member of SWIFT.
Maximum Withdrawal Limit of Bank of India ATM
If you are holding a savings account of Bank of India, you need to have information about the maximum withdrawal that you can make through your ATM cum Debit card. More or less, the amount that you can withdraw depends on the type of ATM card that the bank has issued to you. This article will enumerate all types of ATM cards with that of their withdrawal limit.
Before starting, you should know the type of cards you can use at Bank of India ATM. Apart from Bank of India ATM and Credit Cards; you can also use any other ATM/Credit cards issued by other banks.
VISA Debit Card:
You can say that this is the most basic ATM card that Bank of India issues to its customer. It is the classic ATM card issued by banks to its basic savings account. The maximum withdrawal limit is Rs. 15, 000 per day. Apart from that, you can also use this card at point of sale for shopping purposes. The limit for point of sale is Rs. 25, 000.
VISA Platinum Privilege ATM Debit Card:
This is the ATM card with bank issues to its privileged customers. Here, the maximum withdrawal limit is Rs. 50, 000.
MASTER Debit Card
This is another card which can come under the ambit of classic card. Like the first one mentioned above, the maximum withdrawal limit of this card is Rs. 15,000. The only difference with this card is the fact that it is issued by MASTER.
MASTER Platinum Privilege ATM Debit Card:
Similarly, this MASTER card is issued by the bank to its privilege customer. The maximum withdrawal limit of this card per day is Rs. 50,000.
Using ATM card at point of sale for shopping purposes is quite helpful. Bank of India regularly offers rewards to its customers.