Central Bank Of India Platinum Debit Card - Benefits, Charges and Eligibility
Central Bank Of India Platinum Debit Card Overview
Platinum Debit Card is a customised card especially for High Net Worth Individuals (HNI Customers). It offers unparallel advantages such as high withdrawal and transaction limit.
Central Bank Of India Platinum Debit Card Features
- Domestic & International Validity
- Customised card for HNI Customers of Central Bank of India
- Convenience of Shopping
- High Withdrawal Limit & Shopping Limit
Central Bank Of India Platinum Debit Card Eligibility
All HNI HSS (SB) account holders & Current account holders are eligible for this Debit Card.Central Bank Of India Platinum Debit Card Fees & Charges
- The Card will be issued for Rs 500/- to primary and joint holders free of cost for the first year.
- From the second year onwards Bank will charge an annual fee of Rs. 500/- only for renewal of the card every year
- Card Replacement charges (within India) : Rs. 50/-
- Issuance of subsequent Additional Card/ add-on card : Rs. 100/-
- Foreign Transactions : Rs.3.5% + Service tax (if any)
- Re-Generation of PINS : Rs. 50/-
- Duplicate card on account of loss : Rs. 200/-
- Surcharges at Fuel Pumps : NIL
- Surcharges on Railway Transactions : Rs.2.5% + Service tax (if any), on transaction amount or Rs.10/- whichever is higher
Central Bank Of India Platinum Debit Card Benefits
- Platinum Debit Card is issued under MasterCard & Visa platform
- It offers EMV option for Platinum Debit Cards which will enable the customers to make international transactions
- Activation Offers: Cafe Coffee Day [Buy one get one cappuccino free], The Mobile store Rs.1500 off on select mobiles
- Zero liability for lost cards
- Cashback of fuel surcharge : Up to 1% cash back on fuel, capped at Rs. 75/month
- Free personal accident cover: Personal Accidental Death / Permanent Disability Insurance of Rs 2 lakh
- Free Personal Air Accident Coverage(Death) of Rs.8 lakh
- Get Anmol Rewardz points for every POS transactions, online purchases, etc. made through this card: 1.5 Anmol points on spend of Rs. 100 at POS /e-com. Besides above, 2.5 Anmol points on cash withdrawal per on us transaction of Rs.1500/- or more. (Withdrawal on our bank's ATM)
- High withdrawal and transaction limit
Central Bank Of India Platinum Debit Card How to Apply
- Contact your Branch.
- If you don't have saving or Current Account, first open your account.
- Get the Debit Card Application form from the Branch, fill it up and submit it to your Branch.
- You will receive your Insta Debit Card & PIN (Personal Identification Number) at the time of submission of the application form.
- In case of named Debit Card, the card will be delivered to the customer's residential address. The PIN will have to be collected from the respective Branch.
- The customer has to activate the Insta Debit card after 24 hours from the receipt of the card by withdrawing cash from Dena Bank ATM.
Central Bank Of India Platinum Debit Card Documents Required
- Proof of Identity : Aadhaar Card/ PAN Card/ Passport Driving License/ Voter ID Card
- Proof of Address : Aadhaar Card/ Driving License/ Ration Card/ Voter ID Card/ Passport
- Passport sized photographs
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.