THE RBI HAS GRANTED EXTENSION FOR ISSUANCE OF ALL NEW EMV CHIP. AND PIN CARDS-
1. FOR CARDS ISSUED UNDER PMJDY / BASIC SAVING BANK DEPOSIT ACCOUNT ETC- THE TIME IS EXTENDED UPTO 30-09-2016 AND
2. FOR ALL OTHER CARDS THE PERIOD HAS BEEN EXTENDED UPTO 31-01-2016.
3. FURTHER, THE MAGNETIC STRIP CARDS ISSUED WOULD HAVE TO BE REPLACED BY 31-12-2018. IRRESPECTIVE OF THE VALIDITY PERIOD OF THE CARDS,
1. FOR CARDS ISSUED UNDER PMJDY / BASIC SAVING BANK DEPOSIT ACCOUNT ETC- THE TIME IS EXTENDED UPTO 30-09-2016 AND
2. FOR ALL OTHER CARDS THE PERIOD HAS BEEN EXTENDED UPTO 31-01-2016.
3. FURTHER, THE MAGNETIC STRIP CARDS ISSUED WOULD HAVE TO BE REPLACED BY 31-12-2018. IRRESPECTIVE OF THE VALIDITY PERIOD OF THE CARDS,
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