What is Debit Card?

        Debit Card is “a Payment Card that Deduct Money directly from your Bank Account“, Debit Card also known as Bank Card, Debit Card can be used to buy Goods or to get a Cash Money from an any ATM.

Debit Card:-

       Debit Card also known as Bank Card or Check Card, It is a Plastic Payment Card that deduct Money Directly from your Bank Account, You can use Debit Cards at ATMs to “Withdraw Cash“.

How Many Type of Debit Cards?

There are 4 Most Popular Debit Card available in India:-

• VISA
• Master Card
• RuPay
• Maestro

Different Type of VISA Debit Card:-

1. VISA Classic Debit Card
2. VISA Gold Debit Card
3. VISA Platinum Debit Card
4. VISA Infinite Debit Card
5. VISA Signature Debit Card

Different Type of Master Card:-

1. Standard Debit Master Card
2. Platinum Debit Master Card
3. World Debit Mastr Card

Maestro Debit Card:-

      Maestro Debit Card Like “Master Debit Card”Maestro card Holders can easily make Online Payment outside & our Contry.

1. Maestro Debit Card

RuPay Card-Domestic Card, Make easily Payment in India.

1. RuPay Classic Debit Card
2. RuPay Platinum Debit Card
3. RuPay Select Debit Card

RuPay Card- Only for Government Scheme

1. RuPay PMJDY
2. RuPay Mudra
3. RuPay PunGrain
4. RuPay Kisan card
5. Kissan Credit Card

RuPay Prepaid Card:-

1. RuPay Classic
2. RuPay Corporate
3. RuPay Platinum

VISA Debit Cards:-

        VISA Cards are “International Payment Cards”. VISA made by “VISA International Service Association”, Which is a Payment Network, United States. VISA globally provide different Type of Payment Cards.

16 Digit Numbers have Debit Card:-

     The Debit Card Number is  16 Digit Numbers, Generally Printed on the front of  “Debit Card”. 

CVV/CVC on Debit Card:-

    CVV or CVC stand for “Card Verification Value or Card Verification Code” is a 3 Digit Code Printed on behind of “Debit Card”, Also known as Card verification Code or Card Security Code.

Best Debit Card-VISA:-

  VISA is the most common Debit Card Globally Accepted and extensively used in India.

Master Debit Card:-

Master Debit Card is an International Debit Card.

Platinum Debit Card:-

      Platinum Debit Card is a Category of Debit Card, You can  get access to your Bank Acconut, You can Online  purchase goods at Merchant & Withdraw Cash from any ATMs Globally.

VISA Gold Debit Card:-

     Contactless Transaction up to Rs.  5,000 ussing VISA Gold Debit Card & Features of Gold Card such as-Air Travel Insurance, Personal Accident Cover, Daily purchase Limit up to INR 75,000, & Withdraw Cash Limt up to INR 25,000 from any ATMs Globally.

Signature Debit Card:-

      The Signature Debit Card offers for all  your Transactions on the Online Platform such as purchase Moovie Tickets, Book your Travel Ticket, You can make online Payments for Utility Bills and Higher Transaction Limit up to INR 2,50,000 everyday and many more online Facilities.

RuPay Debit Card:-

      RuPay Debit Caed is a Payment Card can be used to withdraw Funds from an ATM & Shopping, A Debit Card is Linked to Your Bank account.

          RuPay is an Indian Multinational Financial Services (payment Service System), The National Corporation of India, RuPay Offeres Transaction across the Country with Minimum Trnsaction Fees, RuPay is more suitable for Domestic Transactions. 

Pungrain RuPay Card:-

      Pungarin RuPay Card is another type of RuPay Debit Card issued to arhitas in Punjab State, India. Applicant Registered under Punjab Grain Co-operation . Pungarin Cards are issued on CC & Current Account Only.

Cash Credit (CC):-

      CC is the short term finance for “Businesses or Companies” & CC is also called Working capital Loan (Instant cash).

PMJDY -Pradhan Mantri Jan-Dhan Yojana:-

      Pradha Mantri Jan- Dhan Yojana (PMJDY) is a National Mission for Financial Services inclusion to ensure access to Basic Saving Bank Account to Weaker Section & Low Income Groups.

Benefits of RuPay Debit Card:-

• Cash withdrawl Limit up to INR 50,000/- per day from ATM.
• Contactless Transaction Limit up to 5.000/- (with out a PIN).
• Accidental Insurance Cover up to 2,00,000 Lakh.

RuPay:- 

      RuPay is a  Financial Product of “The National Payments Corporation of India”, It was launched in 2012. (RuPay: Rupee & Payment).

Debit Card Holder Name:-

       Card Holder or Account Holder Name is the “Name on the front of Debit Card or Credit Card”. Card Holder’s Name is very Important Security feature for online Transactions, Who is authorized to to use the Card.

Debit Means:-

Money is withdraw from an Account to make a Payment. or Money withdraw is called Debit.

Debit Card Expiry Date:-

     Generally Debit Cards expire within 2 to 5 Years of there issue Date, Expiration Months & Year printed on the front of the Card, If your Debit card’s Expiration Date is 11/2025, Then Debit Card will Expire at the end of Month on 30 November 2025.

Kisan Credit Card-KCC:-

     Kisan Credit Card in short Form “KCC” Scheme was launche in 1998, Kisan credit Card is a Type of Short Terms Loan Card Issued by Banks to Farmers for the Purchase of Seeds, Fertilizer and Draw Cash according to Production.

Benefits of Kisan Credit Card:-

Farmers can take short term Loan up to Rs.  3,00,000/-, KCC also provide any type of Accidental Insurance Coverage of up to Rs. 50,000/-, flexible repayment options KCC.

Concept of Kisan Credit Card:-

       The Kisan Credit Card Scheme has Short Term Credit Limit to Farmers for there Cultivation needs.

Launched Kisan Credit Card:-

      Kisan credit Card Scheme was prepared by National Bank for Agriculture and Rural Development- (NABARD).

Best Debit Cards for Students Issued by Indian Banks:-

1. SBI Debit Card
2. ICICI Debit Card
3. RuPay Debit Card
4. IDBI Bank Being Me Debit Card
5. Burgundy Debit Card
6. Millenia Debit Card
7. Platinum Debit Card
8. Axis Bank Debit Card
9. Titanium Debit Card
10. HDFC Bank Kids

International Debit Card Issued by Indian Banks:-

• PNB VISA Signature Debit Card
• YES World Debit Card  Bank
• HDFC Easy Shop International Debit Card
• ICICI Bank Sapphiro International Debit Card
• Axis Bank Burgundy Debit Card
• Bank of Baroda Visa Vyapar (BOB) Debit Card
• HSBC Premier Platinum Debit Card
• SBI International Debit Card
• PNB VISA  Signature Debit Card
• Bank of Baroda Visa Platinum(BOB) Debit Card
• PNB VISA  Classic Debit Card

 International Payments Fees :-

Generally Foreign Transaction Charges 1% to 3%, Master Card & VISA Card Fees 1%.