Indusind Bank Titanium Debit Card - Benefits, Charges and Eligibility
Indusind Bank Titanium Debit Card Overview
IndusInd Bank brings you its value added IndusInd Bank MasterCard Titanium Debit Card. This card is tailor-made for you, to exceed your expectations at any of the MasterCard ATMs or point-of-sale terminals, anywhere in the world.
Indusind Bank Titanium Debit Card Features
- Issued on MasterCard Platform
- Purchase Limit : Rs.1,00,000/- Per Day & ATM Limit Rs.50,000/- Per Day
- Access any of the 1200 IndusInd Bank ATMs across India for cash withdrawals, cash/cheque deposits, visa credit card bill payment, balance enquiry, mobile top-up and other miscellaneous requests
- Use your card for online shopping, e-payments and bill payments
- Use your card for shopping at over 4,00,000 merchant locations in India and over 33 million merchant locations across the world
Indusind Bank Titanium Debit Card Eligibility
All customers holding an account with Indusind bank are eligible for this Debit card. Existing eligible customers can also upgrade the accounts to apply for this card.Indusind Bank Titanium Debit Card Fees & Charges
- Joining Fee : Please contact your bank branch
- Annual Fee (2nd year onwards) : Please contact your bank branch
Indusind Bank Titanium Debit Card Benefits
- Cashless shopping with MasterCard Debit Card
- Free Lost Card Liability Cover: Rs. 3,00,000
- Free Purchase Protection Cover: Rs. 50,000
- Secure Online Shopping
- Fuel Surcharge Waiver upto Rs 125/- per month
Indusind Bank Titanium Debit 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.