Axis Bank Republic Debit Card – Benefits, Fees & Eligibility

Introduction

The Republic Debit Card, issued by Axis Bank, is specifically designed for holders of Axis Republic Salary Accounts and select Easy Access Salary Accounts, primarily catering to Government and Public Sector employees. A key differentiating benefit is the NIL issuance and annual fee for EASY Government Salary Accounts. This RuPay debit card offers enhanced transaction limits, global usability, and a comprehensive suite of protective insurance covers, alongside lifestyle perks such as airport lounge access and dining discounts.

Transaction Limits & Usage

• Daily domestic cash withdrawal limit: ₹40,000.
• Daily shopping limit (POS/online): ₹1,00,000.
• For minor accounts, the maximum daily cash withdrawal limit is ₹5,000 and the daily purchase limit is ₹10,000.
• International usage is available and can be enabled through a Branch, Axis Bank Mobile App, or Internet Banking.
• Contactless payment limit: Up to ₹5,000 per transaction.

Fees and Charges

• Goods and Services Tax (GST) will be applicable on all mentioned fees and charges.

Issuance Fees

• Joining/Issuance Fees: ₹200 + GST.
• Nil for EASY Government Salary Accounts.
• Joint Holder Joining/Issuance Fees: ₹200 + GST.
• Nil for EASY Government Salary Accounts.

Annual Fees

• Annual Fees: ₹200 + GST.
• Nil for EASY Government Salary Accounts.
• Joint Holder Annual Fees: ₹200 + GST.

Other Card-Related Fees

• Card Replacement Fee: ₹200 + GST.

ATM Withdrawal Charges (beyond free limit)

• Domestic ATM cash withdrawal charges: ₹23.
• Domestic ATM non-financial transaction charges: ₹10.
• International ATM cash withdrawal charges: ₹125.
• International ATM non-financial transaction charges: ₹25.

International Transaction Charges

• Foreign Currency Markup: A cross-currency mark-up of 3.5% will be levied on all international cash withdrawal and purchase transactions.
• Dynamic Currency Conversion (DCC) Markup Fee: 1% plus GST.

Rewards & Offers

• Airport Lounge Access: Enjoy 1 lounge access per quarter at select airports in India.
• 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.
• Dining Delights: Get ₹500 off and more via the Axis Bank Dining Delights Program with EazyDiner.

Account & Eligibility Criteria

• The Republic Debit Card is issued with an Axis Republic Salary Account.
• It is also available to select Easy Access Salary Accounts.
• Eligibility is primarily for Republic Government salary account holders.
• To know more or apply, customers should visit their nearest Axis Bank Branch.

Important Product Details

• The card is a RuPay Debit Card variant.
• It is Chip and Pin enabled for enhanced security.
• A virtual debit card option is not available.

Other Details

• PIN Generation: Debit Card PIN can be generated anytime at an Axis Bank ATM or by calling Axis Bank Phone Banking.
• Instant Alerts: Receive SMS alerts for cash withdrawals, balance inquiries, debit/credit alerts, and transaction details.
• Card Blocking: In case of loss, theft, or suspected misuse, the card can be instantly blocked by calling the Helpline Number (1800 209 5577/1800 103 5577/1860-419-5555/1860-500-5555), logging into the Axis Bank Mobile App and selecting ‘Block and Replace’, or logging into Axis Bank Internet Banking and selecting ‘Block and Replace’.
• Regulatory Disclaimer: Users are advised not to use 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, as this may lead to contravention of the Foreign Exchange Management Act (FEMA), 1999 and Know Your Customer (KYC) norms / Anti Money Laundering (AML) standards, as per RBI Circular: A.P. (DIR Series) Circular No. 46 dated Sep 17, 2013.