Mumbai, (Agencies): To attract business from foreign nationals and people from the diaspora visiting India, private sector lender Axis Bank on Wednesday launched the country's first currency prepaid card for such travellers.

The bank in an press release, said that the 'India Travel Card' can be funded with any major international currency and after conversion, will allow customers to use the deposited amount in Indian currency to either shop or withdraw at ATMs.

The card from will also allow the user to access rupee anytime without being concerned about a moneychanger and the balance left in the account can be re-converted to a foreign currency at the end of travel, it said.

It will have a limit of Rs 50,000 and customers can reload the card within six months from the date of first credit, it said, adding that to start with the card will be available at the bank's branches in Mumbai, Delhi and Chennai.

Using the card, a customer can access 4.7 lakh merchant terminals and over 44,000 ATMs across the country to transact, it added.