EDC Machine IDBI Bank

Hii sir, I Wants to get the Information About the Cash at Point of Sale Facility of the IDBI Bank ?

[sumit]

IDBI Bank was established in 1964 by an Act of Parliament to provide credit and other financial facilities for the development of the fledgling Indian industry.Central government is the owner of this bank and employees will be called as Central Govt staffs

The Information About the Cash at Point of Sale Facility of the IDBI Bank

IDBI Bank now offers its Cash at POS facility for debit cardholders of any bank in India. This facility would enable the debit cardholders of any bank to withdraw cash at IDBI Bank's designated merchant establishments by swiping their debit cards on the Point of Sale (POS) terminals.

Features
The merchant establishment will not levy any charges for dispensing cash
IDBI Bank offering this facility free of charge to its debit card holders
The facility of cash withdrawal at POS is available only for debit cards issued in India
The maximum cash that can be withdrawn in a day is currently limited to Rs. 1,000 only
The Cash at POS facility provides an additional and convenient channel for withdrawing cash from one's bank account

Transaction Flow
Swipe your card on the Cash at POS terminal
Either the cardholder or the merchant to select the type of transaction
Enter PIN for PIN based cards
Sign the charge slip
Collect Cash