Indian Bank Rupay Card - Benefits, Charges and Eligibility

Indian Bank Rupay Card Overview

Indian Bank Rupay Card has been specially designed to suit the needs of Indian citizens under the RuPay platform.It has lower transaction costs as compared to other debit cards.

Indian Bank Rupay Card Features

    Cashless Shopping
  • Can be used at 30000 + ATMs of various banks
  • Indian Bank Rupay Card is issued on Rupay Platform
  • Indian Bank Rupay Card is valid only on India
  • It has lower transaction costs
  • It is very similar to international cards such as Visa/Master
  • PIN & Signature based authentication at PoS outlets

Indian Bank Rupay Card Eligibility

All Current and Savings account holders are eligible. Existing eligible customers can also upgrade the accounts to apply for this card.

Indian Bank Rupay Card Fees & Charges

  • The Card will be issued free of cost to primary and joint holders free of cost for the first year
  • Second Year Onwards Annual Fee: Rs. 100/- plus applicable taxes per year
  • Issue of Duplicate PIN: Rs. 25/-
  • Unblocking of Hot listed Cards (De-hot listing): Rs. 50/-
  • Issue of ATM / Debit Card along with PIN : Rs. 152/-
  • Issue of EMV master card (chip embedded) : Rs. 252/-

Indian Bank Rupay Card Benefits

  • It has its own payment gateway hence is faster to process
  • It has lower transaction costs

Indian Bank Rupay Card How to Apply

  1. Contact your Branch.
  2. If you don't have saving or Current Account, first open your account.
  3. Get the Debit Card Application form from the Branch, fill it up and submit it to your Branch.
  4. You will receive your Insta Debit Card & PIN (Personal Identification Number) at the time of submission of the application form.
  5. 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.
  6. 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.

Indian Bank Rupay 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.