Axis Bank PMJDY RuPay Debit Card – Benefits, Fees & Eligibility

Introduction

The PMJDY RuPay Debit Card, issued by Axis Bank, is specifically designed for Pradhan Mantri Jan Dhan Yojana (PMJDY) account holders, requiring the opening of a Basic Saving Basic Deposit Account (BSBDA). This card offers a seamless and secure banking experience with benefits like higher transaction limits, instant alerts, comprehensive insurance coverage, and international usage capabilities.

Transaction Limits & Usage

• Daily domestic cash withdrawal limit: ₹40,000 (for primary/joint holders).
• Daily domestic cash withdrawal limit for minors: ₹5,000.
• Daily domestic POS/online transaction limit: ₹1,00,000 (for primary/joint holders).
• Daily domestic POS/online transaction limit for minors: ₹10,000.
• International usage is available and can be enabled through the Axis Bank mobile app or customer care.
• Contactless payment limit: Up to ₹5,000.

Fees and Charges

• Card Platform: RuPay.
• Primary/Joint holder Issuance fees: NIL.
• Primary/Joint holder annual fees: NIL.
• Card Replacement fee: NIL.
• Domestic ATM cash withdrawal charges: ₹23/- (applicable beyond the set free limit).
• Domestic ATM non-financial transaction charges: ₹10/- (applicable beyond the set free limit).
• International ATM cash withdrawal charges: ₹125/-.
• International ATM non-financial transaction charges: ₹25/-.
• Cross-currency mark-up: 3.5% will be levied on all international cash withdrawal and purchase transactions.
• Dynamic Currency Conversion (DCC) markup fee: 1% plus GST will be applicable.
• Goods and Service Tax (GST) will be applicable on all mentioned fees & charges.

Rewards & Offers

Insurance Coverage

• Personal accident insurance cover: Up to ₹2 lakh.
• Air Accident insurance cover: Up to ₹1 Crore.
• Price Protection: Up to ₹50,000.
• Purchase Protection: Up to ₹50,000.
• Insurance on Baggage Loss/Checked in baggage, and Baggage Delay: Up to 500 USD.

Account & Eligibility Criteria

• Eligibility: Designed for Pradhan Mantri Jan Dhan Yojana (PMJDY) account holders.
• Mandatory Account: Requires opening a Basic Saving Basic Deposit Account (BSBDA).

Important Product Details

• Card Type: RuPay Debit Card.
• Issuing Bank: Axis Bank.
• Linked Account: Pradhan Mantri Jan Dhan Yojana (PMJDY) account, specifically a Basic Saving Basic Deposit Account (BSBDA).
• Key Features:
  • Easy Debit Card PIN generation at Axis Bank ATM or via Phone Banking.
  • Enhanced domestic cash withdrawal limit of ₹40,000 and shopping limit of ₹1,00,000 (subject to account balance).
  • Instant SMS alerts for cash withdrawals, balance inquiry, debit/credit alerts, and transaction details.
  • Instant card blocking facility in case of loss/theft/misuse via SMS, emergency helpline, or Internet Banking.
  • Comprehensive insurance coverage including personal accident (up to ₹2 lakh), air accident (up to ₹1 Crore), price protection (up to ₹50,000), purchase protection (up to ₹50,000), and baggage loss/delay (up to 500 USD).
  • International transaction capability, easily enabled via mobile app or customer care.
  • Contactless payment convenience with an increased limit up to ₹5,000.
• Fees: NIL issuance, annual, and replacement fees.
• Charges: Applicable charges for ATM usage beyond free limits, cross-currency mark-up, and Dynamic Currency Conversion (DCC) mark-up.

Other Details

• Debit Card PIN can be generated anytime at the nearest Axis Bank ATM or by calling Axis Bank Phone Banking.
• SMS alerts facility provides instant notifications for cash withdrawals, balance inquiries, debit/credit alerts, and transaction details.
• To block a lost/stolen/misused debit card instantly:
  • SMS ‘BLOCKCARD ’ to 5676782 (NRI customers to send to +919717000002).
  • Call Emergency Helpline Number +91-22-67987700 or Customer Care Number 1860-419-5555/1860-500-5555.
  • Login to Internet Banking account and select ‘Block Card’ option in the Debit Cards section.
• International usage can be enabled through the Axis Bank mobile app or by calling customer care.
• A disclaimer advises against using the Debit Card or online banking for collecting/effecting/remitting payments directly/indirectly outside India for overseas foreign exchange trading through electronic/internet trading portals, warning of potential liability under the Foreign Exchange Management Act (FEMA), 1999, and Know Your Customer (KYC)/Anti Money Laundering (AML) regulations.