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.