Indian Bank Senior Citizen Card - Benefits, Charges and Eligibility

Indian Bank Senior Citizen Card Overview

Indian Bank Senior Citizen Card has been specially designed for senior citizen customers of Indian Bank.

Indian Bank Senior Citizen Card Features

Cashless Shopping
• Can be used at 30000 + ATMs of various banks
• Issued on Maestro platform
• Issued to senior citizens only
• Photo, Blood group and Year of Birth of the Card Holder are embossed on the cards
• Availability of higher POS / Online limits. As they are Senior Citizens their Point of Sale limit proposed higher for meeting payments at Hospitals, Purchasing valuables, etc.

Indian Bank Senior Citizen Card Eligibility

All Current and Savings account holders who are senior citizens i.e. aged above 60 are eligible. Existing eligible customers can also upgrade the accounts to apply for this card.

Indian Bank Senior Citizen 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: Nil
• 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 Senior Citizen Card Benefits

• There will not be any Annual charges for the Senior Citizen card
• Photo is printed in Card for additional security
• Online limit of Cash withdrawal Rs.25000/- and Point of Sale Rs.25,000/- ( Aggregate limit of Rs.50,000/- per day)
• As Year of Birth, Photo and Blood group are embossed on the cards the customer can meet the identification requirement in case of emergency hospitalisation
• Availability of higher POS / Online limits

Indian Bank Senior Citizen 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 Senior Citizen 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.