Card can be used across domestic online portals & for physical POS transactions Shortly after RBI permitted banks to issue Debit Cards to customers availing an overdraft facility which is of the nature of a personal loan with no specific end-use restriction, ICICI Bank has become the first bank in India to introduce a Debit Card facility for customers availing the Loan Against Securities (LAS) facilities from the Bank. This card is available on the Visa platform. The Debit Card can be used by the customers for making seamless payments across all domestic merchant establishments on physical POS machines and for all domestic online transactions like payments on e-commerce portals among others, using their sanctioned loan amount. Until now withdrawing funds from LAS accounts across banks, for purchases from merchant establishments and online platforms, was a tedious task for customers who had to transfer the amount from the loan account to the savings / current account using cheques