POS Terminals

  • PoS or Swipe Machine as it is popularly known is a technological instrument provided to a Merchant Establishment to carry out the sale of goods or services to customers in a cashless environment
  • Transparent and speedy payment solution at the counter
  • Payment at door step of customers
  • Spending less time at checkout counters
  • User friendly handling experience
  • Auto-settlement system
  • No worry of saving printed charge slips as it is saved electronically
  • No Security Deposits
  • No Annual Maintenance Charges
  • No Charges for installation / replacement / conversion of terminals
  • No Charges for Paper rolls
  • Free daily e-statement / SMS Alert
  • Faster Application process and terminal installation
  • Settlements on T+1 basis
  • Helpdesk with assured TAT
  • No Hidden charges
  • Monthly Rentals
    • Starts from “Zero” rental plan up to a maximum of ₹1,290/- based on merchants’ monthly PoS transactions and Monthly Average Balance.
  • Merchant Discount Rate (MDR)


    • For Debit Cards
      Transactions MDR
      Up to ₹2,000/- NIL
      Above ₹2,000/- 0.40% for small merchants and 0.90% for other merchants
    • For Credit Cards
      Type of Cards *MDR
      Classic, Standard and Gold cards 1.80%
      Premium cards 2.00%
      Discover & Diners Club International Cards 2.75%


* May vary based on value of accounts

  • We encourage supplying of PoS terminals in bulk to shopping malls, chain stores, educational institutions, training centres etc, with concessional pricings on monthly rentals and MDR, depending upon the turnover and Monthly Average Balance of the merchants. Higher the turnover & Monthly Average Balance lower the pricings.
  • Click Here For more details please feel free to contact your nearby branches or reach us through 0461-2326338, 2325449.