Dhanlaxmi Bank Visa International Atm Cum Debit Card - Benefits, Charges and Eligibility
Dhanlaxmi Bank Visa International Atm Cum Debit Card Overview
Dhanlaxmi Bank VISA International ATM cum Debit Card brings to you convenience for your daily transactions.
Dhanlaxmi Bank Visa International Atm Cum Debit Card Features
- Any Merchant Establishment that accepts Visa Cards has to honour transactions made with the Dhanalakshmi Bank International Debit Card
- It can be used globally at all VISA enabled ATMs/POS outlets
- Your ATM/Debit card cash withdrawal limit through ATMs is fixed at Rs.20,000 per day
- The purchase limit for Point of Sale (POS) transaction is also fixed at Rs.20,000 per day
- The total number of transactions using the ATM/Debit card has been limited to 10 a day
- The ATM card is valid for a period of 5 years
- You cannot use the card for foreign currency payments in Nepal and Bhutan
Dhanlaxmi Bank Visa International Atm Cum Debit Card Eligibility
The ATM/DEBIT CARD shall be issued to a approved customers if they satisfactorily maintained accounts such as Savings Bank, Current Deposit, Dhanam Plus, Dhanam Double Plus, Dhanam Savings Loan, Staff Overdraft accounts or any other accounts at the sole discretion of the bank, which shall be called the Primary Account.Dhanlaxmi Bank Visa International Atm Cum Debit Card Fees & Charges
- Charges for issuance of Card : Nil
- Second Year Onwards Annual Fee: Nil
- Charges for issue of Add-on-card: Rs 100 plus GST
- PoS/Ecom Transactions: Nil
- Card replacement charges (at customer request): Rs 100 plus GST
- Re-generation of Debit Card PIN: Nil
- Currency conversion charges for all international Transactions: 2% of the amount of transactions
- Mark Up Charges for each POSP transaction at Petrol Pumps: 2.5% + GST
- Mark Up Charges for each POSP transaction at Railway Bookings: 2.5% + GST
Dhanlaxmi Bank Visa International Atm Cum Debit Card Benefits
- There is a 48 hour protection against burglary, dacoity, etc. for cash withdrawn through Any ATM
- There is a ZERO liability cover for fraudulent cash withdrawals/POS (Point Of Sale) ensuing a lost or stolen card
- You are free to use the card for withdrawals of cash from ATMs and make payments to a Merchant Establishments in respective local currencies. Your account would be debited in Indian Rupees only
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.