FEATURES OF RUPAY PLATINUM DEBIT CARD

TRANSACTION LIMITS

Product	Description	Limit
ATM	Daily Transaction Limit Per Account – Platinum Card	Rs 1,50,000
ATM	Cash Withdrawal Limit Per Day – Platinum Card	Rs 1,00,000

RuPay is the first-of-its-kind domestic Debit and Credit Card payment network of India, with wide acceptance at ATMs, POS devices and e-commerce websites across India. It is a highly secure network that protects against anti-phishing. The name, derived from the words ‘Rupee and ‘Payment’, emphasises that it is India’s very own initiative for Debit and Credit Card payments. It is our answer to international payment networks, expressing pride over our nationality.

RuPay fulfils RBI’s vision of initiating a ‘less cash’ economy. This could be achieved only by encouraging every Indian bank and financial institution to become tech-savvy and engage in offering electronic payments.

All Rupay Platinum Debit Card holders are covered with Personal Accident Insurance cover and the available sum insured under the plan is up to Rs 2 lakhs only. The policy provides the benefits for Accidental Death and Permanent Total Disability. Personal Accident policy covers death occurring only due to accidents or accidental injuries which are non-intentional or not self-inflicted. This insurance cover is provided by NPCI.

Benefits of Insurance will be available to the Rupay Platinum Debit Card holders who have performed minimum one successful transaction as under:

Minimum one successful transaction at any POS using physical Rupay Platinum Debit card or an e-commerce transaction done using details of Rupay Platinum Debit Card, both Intra and Inter-Bank i.e. on-us or off us within 30 days prior to date of accident including date of accident.

Is UPI transaction or ATM transactions covered? No, UPI Transaction or ATM transaction is not covered. Only successful POS or E Commerce transaction, done using physical Rupay Platinum Debit Card or using Rupay Platinum Debit Card details done within 30 days prior to date of accident (including date of accident) are covered.