The debit card issuing fee for Priority Debit Cards (Primary/Joint accounts) is Nil. This means customers with priority accounts are not charged for the initial issuance of their debit card.
Understanding the associated fees and features of your Priority Debit Card can help you manage your finances more effectively. While the issuance itself is free, it's beneficial to be aware of other potential charges and daily limits.
Priority Debit Card Fees and Features Overview
Beyond the issuance fee, other charges or features may apply to your Priority Debit Card. Here's a breakdown of key aspects:
| Feature/Fee | Details |
|---|---|
| Issuance Fees (Primary/Joint) | Nil* |
| Replacement/Re-Issuance Fees | Rs 200 + applicable Goods and Services Tax |
| ATM Withdrawal Limit (Per Day) | Rs. 1 lakh |
| POS Limit per day | Rs.5 lakh |
| Lost Card Liability | Nil |
Note: While the issuance fee is generally Nil, it's always advisable to review the full terms and conditions provided by the bank for any specific caveats or changes.
Important Considerations for Priority Debit Card Holders
- Replacement Costs: If your Priority Debit Card is lost, stolen, or damaged, a replacement fee of Rs 200 plus Goods and Services Tax (GST) will be applicable for a new card.
- Daily Transaction Limits: The card comes with generous daily limits for both ATM withdrawals (Rs. 1 lakh) and Point of Sale (POS) transactions (Rs.5 lakh), providing ample flexibility for your spending needs.
- Lost Card Protection: Enjoy peace of mind with Nil lost card liability, meaning you are generally not held responsible for unauthorized transactions once you report your card lost or stolen.
For more detailed information regarding the Priority Debit Card fees and charges, you can refer to the official information provided by Axis Bank.
