Axis Bank Ladies First Debit Card - Benefits, Charges and Eligibility
Axis Bank Ladies First Debit Card Overview
Axis Bank Ladies First Debit Card is a debit card that empowers women to be financially independent and manage expenses with ease.
Axis Bank Ladies First Debit Card Features
- Issued on Titanium Ladies First platform
- Get your card instantly
- Axis Bank Ladies First Debit Card is designed exclusively for housewives
- High Transaction Limits: Rs. 40,000 - daily withdrawal limit & Rs. 1 lakh - daily purchase limit
- Easily generate your Debit Card PIN
- In case of an emergency, block your Debit Card instantly
- Track your monthly expenditure with ease through monthly statements
- Explore multi-channel banking services
- Be assured of emergency assistance
Axis Bank Ladies First Debit Card Eligibility
Ladies First Debit Card is issued to housewives only.Axis Bank Ladies First Debit Card Fees & Charges
- Issuance Fees - Primary/Joint: Rs. 300 + Taxes
- Annual Fees: Rs. 300 + Taxes
- Replacement/Re-Issuance Fees: Rs 300 + applicable Goods and Services Tax
- A cross-currency mark-up of 3.5% will be levied in case of all international cash withdrawal and purchase transactions
Axis Bank Ladies First Debit Card Benefits
- Enjoy exciting offers at spas and salons
- Earn eDGE Loyalty Rewards
- Earn 4% interest per annum on the balance money available on your Ladies First Debit Card
- Receive instant alerts on your mobile
- Enjoy zero minimum balance
- Personal Accident Insurance Cover of Rs. 40,000
- Access to 24-hour customer service number to report a missing card
- Zero lost card liability as insurance against risk of loss due to fraudulent use of a lost/stolen/missing debit card, upto Rs. 40,000
- All consumer durable goods purchased using debit cards insured against fires, natural calamities, burglary and housebreaking upto 90 days from the date of purchase
- To avail the insurance cover, a report would have to be made to Axis Bank within 30 days of loss of card
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.