Bank of IndiaBank of India Rupay NCMC Debit Card – Benefits, Fees & Eligibility
Is the Bank of India Rupay NCMC Debit Card Right for You?
The Bank of India Rupay NCMC Debit Card is best suited for users who prioritize Mass Transit, Everyday Use. With an issuance fee of Lifetime Free and an annual maintenance charge of Lifetime Free, this card offers free entry for new applicants. It offers Reward Points as its primary reward mechanism, with a rewards rate of Star Points on POS and e-commerce transactions.
Key Card Details
Lifetime Free
Lifetime Free
Reward Points
Star Points on POS and e-commerce transactions
₹15,000 per day
₹50,000 per day
Notable Perks
Account Requirement
Savings, Individual Self-Operated Current, or Partnership Current account
Things to Consider
Low daily ATM withdrawal limit of just ₹15,000
Restricted to domestic usage only, not valid for international spends
Limited to 3 contactless transactions per day
Benefits & Features
Rewards Rate
Star Points on POS and e-commerce transactions
Reward Type
Reward Points
Daily ATM Withdrawal Limit
₹15,000 per day
Daily POS/Online Spend Limit
₹50,000 per day
Account Requirement
Savings, Individual Self-Operated Current, or Partnership Current account
Fees & Charges
Issuance Fee
Lifetime Free
AMC Fee
Lifetime Free
Pros & Cons
Pros
Key benefits and features of this card.
Built-in NCMC wallet enables seamless tap-and-travel on metros and buses
Contactless payments up to ₹5,000 without PIN for faster checkouts
Earn Star Points on POS and e-commerce spends
Functions as both a debit and prepaid transit card
Cons
Key drawbacks and limitations of this card.
Low daily ATM withdrawal limit of just ₹15,000
Restricted to domestic usage only, not valid for international spends
Limited to 3 contactless transactions per day
Fees and charges are not readily available in the card document
Product Details
RuPay network card for domestic usage only
Integrated NCMC offline wallet for transit payments
Contactless tap-and-pay functionality
Dual-purpose debit and prepaid card
No PIN required for contactless payments up to ₹5,000
Supports offline transactions as a multi-utility card
Benefits & Features
Rewards Rate
Star Points on POS and e-commerce transactions
Reward Type
Reward Points
Daily ATM Withdrawal Limit
₹15,000 per day
Daily POS/Online Spend Limit
₹50,000 per day
Account Requirement
Savings, Individual Self-Operated Current, or Partnership Current account
What matters, explained clearly
Introduction
The Rupay NCMC Debit Card, issued by Bank of India, is a contactless debit card linked to Savings, Individual Self-Operated Current, and Partnership Current accounts. Its top differentiating benefits include an integrated offline wallet for tap-and-travel payments, making it a dual-purpose debit and prepaid card for all kinds of payments and transit.
Transaction Limits & Usage
- ATM Withdrawal Limit: Rs. 15,000 per day
- POS & E-commerce Limit: Rs. 50,000 per day
- Contactless Transactions: A maximum of three contactless transactions are allowed per day.
- PIN Requirements: No PIN is required for contactless transactions up to Rs. 5,000. A PIN is mandatory for all transactions above Rs. 5,000.
- Usage: This card is for domestic usage only.
Fees and Charges
- For detailed charges, please refer to the Bank of India Annexure-VII-DigitalBankingProduts.pdf document.
Rewards & Offers
- Debit Card holders will be rewarded with Star Points for their transactions at POS and e-commerce.
Account & Eligibility Criteria
- This card can be issued to Savings and Individual account holders, Self-Operated Current accounts, and Partnership Current accounts.
Other Details
- The card supports offline transactions and functions as a multi-utility card.
- Contactless transaction limits are subject to change in the future by the Reserve Bank of India.