Lakshmi Vilas Bank International Debit Card - Benefits, Charges and Eligibility
Lakshmi Vilas Bank International Debit Card Overview
LVB VISA International Debit Card allows you to purchase goods at Merchant Establishments through POS and also gives the freedom to withdraw cash from ATMs anywhere across the globe and to do e-commerce transactions.
Lakshmi Vilas Bank International Debit Card Features
- Valid in India and Overseas
- Card is valid for Three years from the month of issue
- Can be used to make purchase at over 4,70,000 Merchant outlets in India and over 29 million Merchant outlets worldwide
- Can be used to perform transactions through e-commerce (Ticket booking, Online shopping, Utility Bill Payment)
- Can be used for Cash Withdrawal at over 50,000 ATMs in India and over 1.2 Million ATMs worldwide
- As your account will be debited instantly to the extent of purchases made or the amount withdrawn from ATMs using the Debit Card there will not be any outstanding in the case of a Debit Card
Lakshmi Vilas Bank International Debit Card Eligibility
VISA International Debit card will be issued to SB account holders/Current account- (only for Individuals and proprietorship concerns) and Staff SCOD accounts.Lakshmi Vilas Bank International Debit Card Fees & Charges
- Issuance Fee: Nil
- Annual Fee: Rs 100 plus applicable taxes
- Duplicate Debit Card Charge: Rs 200 plus applicable taxes
- Duplicate PIN Charge: Rs 100 plus applicable taxes
- Balance Enquiry at international ATMs: Rs 25 plus applicable taxes
- Cash Withdrawal at international ATMs: Rs 100 plus applicable taxes
Lakshmi Vilas Bank International Debit Card Benefits
- Better security through Verified by Visa (VbV)
- LVB VISA International Debit Card can be used anywhere in India and abroad wherever VISA/ VISA Electron sign is displayed
- Offers & Discounts at Merchant Outlets in categories such as Lifestyle, Fine Dining, Travel, Health and Fitness
- You can call bank's Emergency Helpline for Card Blocking/ assistance
- Secure Online Shopping
- 24/7 customer care facility
- Highly safe and secure transactions
Lakshmi Vilas Bank International 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.