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Thursday, March 1, 2012

Karnataka Bank launches gift, travel cards

Karnataka Bank Ltd has launched two more products aimed at gift and travel segments. A bank release said here that it has launched ‘KBL Gift Card' and ‘KBL Travel Card'.

Ms Usha Thorat, former Deputy Governor of the RBI and Director for CAFRAL (Centre for Advanced Financial Research and Learning), launched these new products in Mangalore recently.

The release said that the ‘KBL Gift Card' is available in denominations starting from Rs 500 to Rs 25,000.

‘KBL Travel Card' is available in nine currencies. This card is accepted worldwide at over 1.6 million ATMs, 25 million merchant outlets and Web sites verified by VISA. On the refund of the balance amount in the card, the release said that balance amount can be exchanged at identified branches of the bank.

vinayakaj@thehindu.co.in

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