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Cash-at-Pos

Last Updated on: 29/08/2024

Cash-at-Pos

Cash@POS

Indian Overseas Bank is offering Cash@POS facility for all designated Merchant Establishments. Using this facility, debit card holders can withdraw cash by swiping their debit / prepaid cards at these Merchant Establishments.

Features and Benefits:

  • The Cash@POS facility provides an additional and convenient channel for withdrawing cash from one's bank account.
  • Customers can withdraw cash up to Rs. 1000/- per day per card in Tier-I and Tier-II cities, and Rs. 2000/- per day per card in Tier-III to Tier-VI cities.
  • The minimum and maximum limits of cash withdrawal at POS are Rs. 100/- and Rs. 2000/- respectively.
  • The merchant establishment will not levy any charges for dispensing cash.
  • The facility of cash withdrawal at POS is available for debit / prepaid cards issued in India only.