Nainital Bank Rupay Debit Card - Benefits, Charges and Eligibility
Nainital Bank Rupay Debit Card Overview
The Nainital Bank Ltd offers RuPay Debit Card to optimize convenience of Banking to you. Now you can enjoy the pleasure of anywhere anytime Banking. Your NainiBank RuPay Debit card lets you conveniently access your account through Debit Cards as well as PoS terminals with Merchant Establishments anywhere in India displaying RuPay logo. There are many benefits of Nainital Bank RuPay card and using it for online purchase is one of them. Online transactions using Bank's debit card can be done through PaySecure, a secured payment service subject to the condition that customer has successfully registered with PaySecure by successfully transacting for the first time.
Nainital Bank Rupay Debit Card Features
- Widely Accepted: There are around 145,270 ATMs and more than 875,000 point of sale(PoS) terminals in India under the RuPay platform. In addition to the ATMs and PoS terminals, RuPay cards are accepted online on 10,000 e-commerce websites with the same PIN which they use for ATM transactions
- User Friendly: Simplified Transaction Flow /Effortless Authentication Process
- Faster Transaction Processing: The cardholder has to enter just the card details and One Time Password (OTP) to complete the transaction
Nainital Bank Rupay Debit Card Eligibility
Nainital Bank RuPay Debit Card will be issued to all the account holders of Nainital Bank. Existing eligible customers can also upgrade the accounts to apply for this card.Nainital Bank Rupay Debit Card Fees & Charges
- Issuance Fee: Nil
- Annual Fee (from 2nd year onwards): Rs 100 plus applicable taxes
- Transactions at railway counters : Percentage of transaction amount + applicable taxes and surcharge
- Transactions at petrol pumps: Percentage of transaction amount + applicable taxes and surcharge
- Card reissuance upon loss spoilage: Rs 200 plus applicable taxes
Nainital Bank Rupay Debit Card Benefits
- Cashless shopping with RuPay Debit Card
- Get an SMS and Email alert on your registered mobile phone and Email ID for every transaction done using your Debit Card
- Highly Secure: RuPay chip cards have an embedded microprocessor circuit containing information about the card holder and because transactions are PIN-based rather than signature-based for high security
- Protection of information related to consumers
- You can call bank's Emergency Helpline for Card Blocking/ assistance
- 24/7 customer care facility
- Highly safe and secure transactions
Nainital Bank Rupay 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.