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.
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.