Maharashtra based Punjab & Maharashtra Cooperative Bank (PMC Bank) has recently added a unique feature called SET Debit Card Limit to secure against fraudulent withdrawals on Debit cards.
A press release sent to Indian Cooperative reads “To increase/decrease/restore the limit available on Debit Card is just on his/her finger tips by sending SMS-SCL <Last four digits of card number> <amount to be set> to 9773251313 from registered mobile number.
“The Bank is always concerned with the safety of the customers”, according to the press release.