Federal Bank Rupay Kisan Card - Benefits, Charges and Eligibility
Federal Bank Rupay Kisan Card Overview
Federal Bank offers Federal Rupay Kisan Card with ATM facility for Federal Kisan Credit Card (FKCC) scheme customers.
Federal Bank Rupay Kisan Card Features
- Daily Cash Withdrawal limit of Rs. 50,000 per day
- Can be used at POS of Agri merchant outlets
- Daily POS limit of Rs. 50,000 per day
- PIN based authentication at PoS outlets
- 24 x 7 Global Customer Assistance Service
Federal Bank Rupay Kisan Card Eligibility
It is eligible for all individuals under Federal Kisan Credit Card Scheme. Existing eligible customers can also upgrade the accounts to apply for this card.Federal Bank Rupay Kisan Card Fees & Charges
- Charges for issuance of Card : Nil
- Second Year Onwards Annual Fee: Nil
- PoS/Ecom Transactions: Nil
- Card replacement charges: Nil
- Renewal (on expiry of card) Free ATM/Debit Cards - Nil
- Duplicate PIN: Rs 50 plus GST
- 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
Federal Bank Rupay Kisan Card Benefits
- Exclusive ATM cum Debit card facility for Federal Kisan Credit Card (FKCC) scheme customers
- Can be used for withdrawal of cash from more than one lakh ATMs in India
- Safe ATM usage (both Federal bank's and other banks)
- 24x7 customer support is always available
- Convenient payment for shopping, bill payments, dining, etc (both offline and online)
- Free SMS alerts for all transactions on your card
- Experience the convenience, cashless shopping and exciting benefits
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.