Reliance Any Time Money Card' and became India's first mutual fund with an ATM cum Debit Card
“This is the first time in Asia, and perhaps the first time in the world, that plastic can be used to access any pure investment product,” said Santanu Mukherjee, country manager - South Asia, Visa International Asia Pacific.
Through the Reliance Card, investors can access their money at over 1 million Visa ATMs and can also be used at over 24 million Visa-enabled merchant establishments across the world. Withdrawals will be allowed up to 50 per cent of the money deployed in his fund account or the maximum limit posed by the Visa ATM, whichever is lower, at any given time.
Reliance Mutual has launched this card in collaboration with Visa