PPI Card definition

PPI Card refers to the physical form card or a virtual card associated with the PPI Account provided by the Bank.

Examples of PPI Card in a sentence

  • The Bank may on its own or through its third party agents or BCs, from time to time, send communications to you in relation to PPI Account or PPI Card.

  • Either by mutual agreement or from which list each party shall be permitted to strike alternately seven [7] names, with the requesting party striking first, and remaining Arbitrator shall thereupon be accepted.

  • Bank may suspend or discontinue your access / use to or of your PPI Account/ PPI Card or UPI Services, for any reason at any time without written notice to you.

  • You may disable this PPI Card at any time, through the Digital Portal.

  • The PPI Card issued by the Bank will be valid as per the period mentioned in the PPI Card.

  • You are responsible for ensuring that there is sufficient balance in your PPI Account for making purchases through the PPI Card.

  • In such cases, Bank will inform you at least 5 days prior to completion of 1 year to either transact using the PPI Account /PPI Card or utilize any outstanding balances.

  • Bank will intimate the customer through a SMS on the registered mobile number, 45 days prior to expiry of validity period of the PPI Account and/or PPI Card.

  • In case of loss or theft of PPI Card or misuse of PPI Account/PPI Card, you should immediately inform the Bank.

  • In addition, Bank may suspend your use of your PPI Account/ PPI Card/ UPI Services if it suspects that a transaction is being undertaken or your PPI Account /PPI Card/ UPI Services is being or is likely to be used without authorization, fraudulently, suspiciously or is otherwise unusual based on prior transaction activity / history and as per our internal fraud control policies.