Banks
provide free ATM cum Debit Card to its customers who have deposit account with
them. This Card provides online access to savings or current account. They can
have access to the widest network of ATMs across the country to withdraw cash,
enquire about the account balance etc. Banks are also having bilateral sharing
arrangement with other banks under this scheme Transactions limit varies from
bank to bank. The limit for withdrawal
of money from State Bank of India Card
Rs 20,000/- per day. Holders of Elite
Account in Centurion bank Card can transact nearly one lakh per day. Some Banks
provide International ATM-cum-Debit Card which can be used within as well as
outside India ,
at a nominal fee. ATM Cards enables the customer to shop at a large number of
Merchant Establishment in India .