merisarkar news service
New Delhi, October 20, 2010
Mr. Kamath launching Uphaar in N. Delhi
India's leading public sector bank PNB launched a prepaid card 'Uphaar' on Wednesday in New Delhi. The bank said in a statement, "Uphaar is a very versatile card in collaboration with MasterCard, that can be used at all MasterCard enabled ATMs and Point of Sale (POS) Terminals. It can be used for e-commerce transactions. PNB Uphaar can be purchased for a minimum of Rs.500 and a maximum of Rs.50,000."
The bank said, "Uphaar card is ideal as a gift, both for individuals as well as Corporate. Corporate can also use PNB Uphaar to disburse salary/bonus etc. to their employees. Individuals can also use this card in place of an add-on card on their base account that may be used for shopping, for making payments, while traveling etc."
PNB Uphaar can be purchased by its customers and non-customers also from PNB branches. The card is issued free of charge and would be valid for 36 months from issue. During its’ period of validity, PNB Uphaar can be topped up by its’ purchaser through PNB branches, as per need.
