Last Updated on: 25/06/2024
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IOB-Debit Card-FAQs
1. Who can be issued Debit card?
2. Which mode of operation accounts are eligible for Debit Card?
3. What is the age criteria for issuance of IOB Debit card?
4. Whether Visually Impaired customers are eligible for debit card?
5. Whether Illiterate customers are eligible for cards?
6. In whose name the Debit Card can be issued to Current Accounts customer?
7. Whether OD/CC account holders are eligible for debit Card?
8. Whether Association of persons like HUF, Societies, Clubs etc are eligible for debit card?
Whether Partnership accounts, Limited Companies are eligible for card facility?
10. Name Printing facility on the Debit Card available or not?
11. What to do with INACTIVE Card?
12. What to do if Card captured in other Bank ATM?
13. What are the different variant of debit card issued by Indian Overseas bank?
14. What are the different card type issued under VISA CARD?
15. What is the process for DISPATCH OF PERSONALISED CARDS AND PIN MAILERS?
16. What is the process for RENEWAL OF CARDS?
17. What are the eligibility, issuance charges replacement charges for the VISA /Rupay /Master Cards
VISA
Classic
All SB accounts, CD accounts in the name of individuals Proprietary concerns
150/-
250/-
30,000/-
75,000/-
Gold
All SB accounts and CD accounts in the name of Individuals or Proprietary concerns, with an average balance of Rs. 50,000/- per quarter in their accounts.
350/-
40,000/-
1,25,000/-
Platinum
All SB accounts and CD accounts in the name of Individuals or Proprietary concerns, with an average balance of Rs. 75,000/- per quarter in their accounts.
400/-
300/-
50,000/-
200,000/-
Signature
All SB accounts and CD accounts in the name of Individuals or Proprietary concerns, with an average balance of Rs. 1 lakh per quarter in their accounts.
(Lounge Access Facility in Select Airports)
750/-
850/-
1,00,000/-
350,000/-
Rupay
All SB accounts, CD accounts in the name of individuals or Proprietary concerns
All SB accounts, CD accounts in the name of individuals Proprietary concerns, with minimum average balance requirement of Rs.50,000.00 per quarter.
(Lounge access facility in select Airports)
Select
All SB accounts, CD accounts in the name of individuals Proprietary concerns, maintaining an average daily balance of Rs. 1,00,000/-
800/-
3,50,000/-
5,00,000/-
PMJDY
All Basic Savings Bank Deposit Accounts(BSBDA)
-
200
As per scheme
Master
Classic/Gold
20,000/-
18. What is the daily Debit Card Transaction limits?
The increased daily transaction limit on Indian Overseas bank popular card variants as under.
Card Variant
Proposed
Rupay Classic
Rupay Platinum
RuPay Select
Visa Classic
Visa Gold
Visa Platinum
2,00,000/-
Visa Signature
19. What is the maximum number of currency notes Indian Overseas Bank's ATM can dispense through the dispensing slit?
20. What if a customer has forgotten his PIN and has keyed wrong PIN in any ATM for more than 5 times?
21. What are the attractive features of the Indian Overseas Bank Debit Card?
Debit Cards-
At the time of issue / re-issue, all cards shall be enabled for use only at contact-based points of usage [viz; ATMs and Point of Sale (PoS) devices] within India. Facility has been provided through Branch, Internet Banking and Mobile Banking to switch on /off and set / modify transaction limits (within the overall card limit, if any, set by Bank) for all types of transactions- domestic and international, at PoS /ATMs/ Online Transactions / contactless transactions/transfer etc. when there is any change in status of the card, information is being sent to the customer.
22. What are the attractive benefits of the IOB Rupay Select Card?
Lounge Access
Domestic Airport/Railway - 2 per Quarter
International Airport - 2 per Year
PAI by NPCI (Death/PTD)
Rs.10 lakhs (Min 1 successful financial txn at any POS/E-com within 30 days prior to date of accident)
Gym
15 days/1-month free Gym Membership. 40%-50% discount on membership extension.
Concierge Services
Personal assistance anytime anywhere (24*7) available in Hindi & English Languages.
23. What are the attractive benefits of the IOB Rupay Platinum Card?
Domestic Airport/Railway - 1 per Quarter
Rs.2 lakhs (Min 1 successful financial txn at any POS/E-com within 30 days prior to date of accident)
24. What are the attractive benefits of the VISA Signature Card?
Exclusive Merchant
Offers
On online/offline purchases (SOTC, Barbeque Nation, Lenskart Gold Membership, Crocs, Imagicaa, Ajio, Mochi, Ferns N Petals, Metro shoes, Titan, fastrack, Tata 1mg, firstcry.com, Easemytrip, Lenovo, Boat, Lifestyle, netmeds, uber, bookmyshow, yatra, Diesel, Puma, Superdry, blinkit, Byju's, Arvind fashioning, Oven Story, Behrouz and many more..)
25. How can I do charge free ATM Transactions with any Bank?
26. Which are the schemes of Indian Overseas Bank WITH NO ATM ISSUANCE CHARGES & AMC Charges?