New Gift Card from American Express

To make the most of this festive season American Express has come up with gift card which will be available in two variants- the Classic and the Diwali Gift Card. Initially the card will be offered to the corporate customers and will be made available to the customers later this year.

The most attractive feature in this card is that no extra charges will be levied on the facilities like balance checking, monthly servicing and in case the card in lost or stolen then it will be replaced for free. This card can be used at any retailer in India and also to make online purchases where American express Cards are accepted.

The Gift Card is available in Rs. 500, Rs. 1000, Rs. 2000 and Rs. 5000 denominations.

Card no more a necessity to make transactions at ATM

People are aware about the ATM and the facilities that they can enjoy through them but in the whole process the role of ATM card is most significant as it is the basic requirement in order to make any transaction through ATM but the Cash-on-Mobile facility of Induslnd bank allows a customer to withdraw money from an ATM without ATM/debit card.

To use this facility a customer first needs to register himself for the service, once registered the user will be issued a four digit MPIN (mobile personal identification number), it is to ensure secure transaction, then the customer has to download the application on his mobile.

To use this application, a customer can visit bank ATM and there he has to choose cash-on-mobile option before that the user has to make a request to the bank to make a transaction and with that he also has to mention the amount that he has to withdraw, the bank will then send a temporary password after that the user will have to generate another password for himself.

Once the user has selected the option to make transaction through cash-on-mobile he will have to enter his mobile number the secret password sent by the bank and the password that the user himself has generated. Not only this even funds can be transferred through this service.