Canara Bank Platinum Debit Card - Benefits, Charges and Eligibility

Canara Bank platinum debit card is a global debit card with EMV Chip & PIN feature, issued to cater to the premier segment of our customers. The Card has global acceptability and valid for 10 years. This card has cash withdrawal limit of Rs. 50,000/- per day. Purchases limit upto Rs.2 lakhs per day.

Canara Bank Platinum Debit Card Features

• It has been designed for the Canara Bank account holders of savings account, overdraft account and current account
• EMV Chip and PIN based Platinum debit card is very safe and secure
• Round the clock cash withdrawal facility at Canara Bank's ATM is up to Rs 50000/-
• Cash withdrawal from other Bank's ATM is restricted to Rs.10,000/- per transaction

Canara Bank Platinum Debit Card Eligibility

• Applicant's age should be at least 18 years
• Applicant needs to have a Current or Savings Account with the Bank

Canara Bank Platinum Debit Card Fees & Charges

• The Card will be issued free of cost to primary and joint holders free of cost for the first year.
• From the second year onwards Bank will charge an annual fee of Rs. 100/- only for renewal of the card every year.
• Debit Card Renewal Charges : NIL
• Card Replacement charges (within India) : Rs. 50/-
• EMV Chip card issuance fee : Rs. 250/-
• Duplicate card on account of loss : Rs. 150/-
• Surcharges at Railway and Petrol Pumps : Rs.2.5% + Service tax (if any), on transaction amount or Rs.10/- whichever is higher.

Canara Bank Platinum Debit Card Benefits

• Widely accepted domestic and international debit card
• Card is issued in association with Visa/MasterCard. You can enjoy the convenience of cashless shopping with Canara Bank Debit Card
• Round the clock cash withdrawal facility up to Rs 50000/-
• 24/7 customer care facility
• Add-on card benefits available
• Highly safe and secure transactions
• Payment of utility bills through Visa Bill Pay and Bill desk

Canara Bank Platinum Debit 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.

Canara Bank Platinum 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.

What is a Contactless Debit Card?

Contactless debit card is a sensor embedded new age debit card that works on Near Field Communication (NFC) Technology using Radio Transmission to ascertain contact when the card is brought near a terminal. This enables the customers to make payments up to Rs.5,000 without swiping their cards & entering a PIN.

Benefits of a Contactless Card

• Fast & Convenient
• Safe & Secure
• No chance of losing or misplacing it

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.

About Debit Card

• Overview of Debit Card
• Guidelines for DC Operations
• Important Steps for DC
• Precautions for ATM Operations
• How to Protect your PIN Number
• Pros and Cons of DC
• Usage of ATM Do's & Don't

Types of Debit Card

• Contactless Debit Card
• Maestro Debit Card
• Mastercard Debit Card
• Rupay Debit Card
• Visa Debit Card
• Visa Electron Debit Card

Debit Card By Banks

• Allahabad Bank
• Andhra Bank
• Axis Bank
• Bandhan Bank
• Bank Of Baroda
• Bank Of India
• Bank Of Maharashtra
• Canara Bank
• Catholic Syrian Bank
• Central Bank Of India
• City Union Bank
• Corporation Bank
• Dcb Bank
• Dena Bank
• Dhanalakshmi Bank
• Federal Bank
• Hdfc Bank
• Icici Bank
• Idbi Bank
• Idfc First Bank
• Indian Bank
• Indian Overseas Bank
• Indusind Bank
• Jammu And Kashmir Bank
• Karnataka Bank
• Karur Vysya Bank
• Kotak Mahindra Bank
• Laxmi Vilas Bank
• Oriental Bank Of Commerce
• Punjab And Sind Bank
• Punjab National Bank
• South Indian Bank
• State Bank Of India
• Syndicate Bank
• Tamilnad Mercantile Bank
• The Nainital Bank
• Uco Bank
• Union Bank Of India
• United Bank Of India
• Vijaya Bank
• Yes Bank

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