Csb Rupay Atm Debit Card - Benefits, Charges and Eligibility
Csb Rupay Atm Debit Card Overview
CSB RuPay ATM Debit Card has been issued under the RuPay platform. It has lower transaction costs as compared to other debit cards. There is no restriction on number of non-financial transactions that could be performed in a CSB ATM.
Csb Rupay Atm Debit Card Features
- Issued on RuPay Platform
- High Transaction Limits: Rs. 40,000 - daily withdrawal limit & Rs. 40,000 - daily purchase limit
- Easily generate your Debit Card PIN
- In case of an emergency, block your Debit Card instantly
Csb Rupay Atm Debit Card Eligibility
CSB RuPay ATM Debit Card is issued to the account holders of Catholic Syrian Bank.Csb Rupay Atm Debit Card Fees & Charges
- Issuance Fees - Primary/Joint: Nil
- Annual Fees: Rs. 100 plus GST
- Replacement/Re-Issuance Fees: Please contact your bank branch
- PoS/Ecom Transactions: Nil
- IRCTC / Railway Stations / Petrol Pumps surcharge: as per industry practice
Csb Rupay Atm Debit Card Benefits
- Less transaction cost
- No restriction on number of non-financial transactions that could be performed in a CSB ATM
- Enhanced security
- Priority customer service available 24 hrs for all the 7 days of a week
- Quick and secure access for funds
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.