Bandhan Bank Sb Standard Rupay Debit Cum Atm Card - Benefits, Charges and Eligibility

Bandhan Bank Sb Standard Rupay Debit Cum Atm Card Overview

Bandhan Bank SB - Standard RuPay Debit cum ATM Card is issued to SB - Advantage account holders of Bandhan Bank.

Bandhan Bank Sb Standard Rupay Debit Cum Atm Card Features

• Issued on RuPay Platform
• Issued to SB - Standard account holders of Bandhan Bank
• High Transaction Limits: Rs. 20,000 - daily withdrawal limit & Rs. 20,000 - daily purchase limit
• Easily generate your Debit Card PIN
• In case of an emergency, block your Debit Card instantly

Bandhan Bank Sb Standard Rupay Debit Cum Atm Card Eligibility

Bandhan Bank SB - Standard RuPay Debit cum ATM Card is issued to SB - Standard account holders of Bandhan Bank.

Bandhan Bank Sb Standard Rupay Debit Cum Atm Card Fees & Charges

• Issuance Fees - Primary/Joint: Nil
• Annual Fees: Rs 100 + applicable Goods and Services Tax
• Replacement/Re-Issuance Fees: Rs 150 + applicable Goods and Services Tax
• Regeneration of PIN: Rs 100 + applicable Goods and Services Tax
• IRCTC / Railway Stations / Petrol Pumps surcharge: as per industry practice

Bandhan Bank Sb Standard Rupay Debit Cum Atm Card Benefits

• No issuance charges
• Very nominal annual fees
• Free Accidental Insurance Coverage of Rs. 1 Lakh

What is EMV-Chip Based Debit Card?

EMV stands for Europay MasterCard and Visa, who developed this technology. EMV-chip based debit cards are the debit cards which have embedded microprocessor chip that stores and protects cardholders' information/ data. It uses enhanced security features to protect the important date of the card holders and discourages card's unauthorized usage.

EMV-chip based debit card generates fresh user data every time the user transacts. Therefore, it is impossible for hackers/ fraudsters to steal the information or copy the original data from any card. Further, EMV technology uses your debit card as well as PIN to complete any transaction.

What is a Contactless Debit Card?

Contactless debit card is a sensor embedded new age debit card that works on Near Field Communication (NFC) Technology using Radio Transmission to ascertain contact when the card is brought near a terminal. This enables the customers to make payments up to Rs.5,000 without swiping their cards & entering a PIN.

Benefits of a Contactless Card

• Fast & Convenient
• Safe & Secure
• No chance of losing or misplacing it

The Reserve Bank of India (RBI) has asked all banks in the country to replace magnetic-strip debit/ credit cards with EMV-chip based cards by 31 December 2018 as magnetic cards are quite vulnerable to skimming. Banks have already replaced the existing magnetic strip debit/ credit cards with latest EMV chip cards. Banks will provide it free of cost.