![]() Financial Daily from THE HINDU group of publications Saturday, Sep 24, 2005 |
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Money & Banking
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Public Sector Banks State Bank in pact with BPCL Our Bureau
New Delhi , Sept. 23 STATE Bank of India, in association with Bharat Petroleum Corporation Ltd (BPCL), has launched a `No Fuel Surcharge Programme'. According to a BPCL release, this arrangement offers the customer an opportunity to use debit card just like cash. Under the `No fuel Surcharge Programme', ATM-cum-debit cardholders of State Bank of India and its associate banks do not have to pay fuel surcharge of 2.5 per cent at select BPCL outlets. Other banks have also extended similar schemes but the key differentiator is that there is no restriction on the amount of fuel purchase.
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