Karnataka BankKarnataka Bank Deposit Only Debit Card – Benefits, Fees & Eligibility
Is the Karnataka Bank Deposit Only Debit Card Right for You?
The Karnataka Bank Deposit Only Debit Card is best suited for users who prioritize 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 Instant Discounts as its primary reward mechanism.
Key Card Details
Lifetime Free
Lifetime Free
Instant Discounts
Notable Perks
Dining Benefits
15% off at US Pizza
Account Requirement
All savings, current, and overdraft account holders with PAN registered are eligible
Things to Consider
No reward points or cashback program on regular spends
No domestic or international airport lounge access provided
Lacks travel, fuel surcharge waiver, and insurance benefits
Benefits & Features
Reward Type
Instant Discounts
Dining Benefits
15% off at US Pizza
Account Requirement
All savings, current, and overdraft account holders with PAN registered are eligible
Fees & Charges
Issuance Fee
Lifetime Free
AMC Fee
Lifetime Free
Pros & Cons
Pros
Key benefits and features of this card.
High deposit limits of up to ₹30 lakhs for large transactions
Link up to three accounts for easy consolidated fund management
24/7 cash deposit access through e-Lobby services
Exclusive wellness and dining offers from VLCC, Himalaya, and US Pizza
Cons
Key drawbacks and limitations of this card.
No reward points or cashback program on regular spends
No domestic or international airport lounge access provided
Lacks travel, fuel surcharge waiver, and insurance benefits
No information available on ATM withdrawal limits or charges
Product Details
Digital-first debit card focused on streamlined cash deposits
Allows linking up to three accounts to a single card for consolidated fund management
High deposit limits of up to ₹30 lakhs
24/7 cash deposit access via e-Lobby services
Card valid for five years
24-hour emergency helpline and SMS blocking facility available
Benefits & Features
Reward Type
Instant Discounts
Dining Benefits
15% off at US Pizza
Account Requirement
All savings, current, and overdraft account holders with PAN registered are eligible
What matters, explained clearly
Introduction
The KBL Deposit Only Card is a digital-first debit card issued by Karnataka Bank, designed for savings, current, and overdraft account holders who seek efficiency in their banking routines. Its top differentiating benefits include high deposit limits of up to ₹30 lakhs, the ability to link up to three accounts to a single card for consolidated fund management, and 24/7 cash deposit access via e-Lobby services.
Transaction Limits & Usage
- High deposit limits of up to ₹30 lakhs are available.
- The card allows linking up to three accounts for a consolidated view and management of funds.
- Cash deposits can be made anytime using e-Lobby services.
Fees and Charges
- The card is valid for five years.
Rewards & Offers
- VLCC: Head-to-Toe Services at Rs. 3499.
- VLCC: Full Body Laser Hair Reduction at Rs. 44,444 (6 Sessions).
- VLCC: Hydra Synergy Oxygenic Facial at Rs. 3999.
- VLCC: Summer Detan Facial at Rs. 825.
- VLCC: Underarms Laser Hair Reduction at Rs. 999.
- Himalaya Wellness: 10% off on all purchases on a Minimum Order Value of Rs. 500 and above.
- US Pizza: 15% off on the food bill.
Account & Eligibility Criteria
- All savings, current, and overdraft account holders with PAN registered are eligible, including existing debit cardholders.
- The card is issued only to account holders and not to their agents or employees.
Important Product Details
- The card is a digital-first offering focused on streamlined cash deposits.
- It provides automated banking and high deposit limits.
- It allows linking up to three accounts to a single card.
- The card is valid for five years.
Other Details
- 24-hour emergency helpline: For blocking the card or availing assistance, call +91 802 202 1500.
- Block via SMS: Send an SMS to +91 988 065 4321 with the text "BLOCK XXXX" (where XXXX is the last 4 digits of the debit card number).
- Lost or Stolen Card: Report immediately by emailing info@ktkbank.com or calling toll-free numbers 1800 425 1444 or 1800 572 8031.
- Debit cards do not incur interest rates as they utilize funds already in the account.
- Users should monitor their account regularly, use secure networks for online transactions, and never share card details or PINs.