Bank Debit Card

Overview

The Bank Debit card enables its customers to have hassle-free banking and shopping at a point of sale. The Card can be used to transact from anywhere at Automated Teller Machines(ATMs), Merchant Establishments, and online shopping.

Debit Card Features

Some of the debit card features are as follows:

Withdrawal of Cash

Bank customers can withdraw cash up to a maximum daily limit using their debit card at their bank’s ATMs or other affiliated bank ATMs.

PoS Terminals

Debit cards can be used at Point-of-Sale (PoS) terminals to purchase goods and services from merchant establishments. With a debit card, you can make payments at merchant establishments without needing cash. The available balance in your bank account determines the limit on purchases through the debit card.

On-Line Transactions

Debit cards can be used for online transactions, including e-commerce purchases. The cardholder must provide their CVV for online transactions.

The front side of the Card

• Card Number: This is your 16-digit card Number, which must be quoted for all future reference/correspondence with the bank.
• Cardholder name: The cardholder on whose name the card was issued is authorized to use the card.
• Card Expiry date: This is the date till then; your card is valid from the date of issue.
• Logo: Bank logo.
• EMV chip: Important information about the debit card is encoded here. Please protect the EMV chip from getting damaged.

The back side of the Card

• Signature panel: This is the space meant for your signature. Upon receipt of your card with a non-erasable ballpoint pen, please sign on the signature panel immediately. Your signature on your card should match your signature on the charge slip during purchase at a Merchant Establishment.
• CVV Number: CVV stands for Card Verification Value. This is a 3-digit number present at the end of the signature panel on the back side of the card. It is a security feature for CNP (card not present) transactions.  The cardholder needs to communicate this number for all e-commerce transactions. For security reasons, erase/blacken the CVV number after remembering the same to avoid misuse.

ATM Transactions 

Debit cards can be used to perform several ATM transactions:

Cash Withdrawal

Withdrawal of cash up to a maximum daily limit will be allowed through ATMs.

Balance Enquiry

The balance enquiring in the card bank account is available.

Mini Statement

Customers can obtain a mini Statement containing the last n transactions performed.

PIN Change

Customers can change the PINs as needed for security purposes.