Debit card can be replaced for various reasons including when your card is misplaced or stolen, card is damaged.
What is the fee for closing a bank savings account: HDFC Bank vs SBI vs ICICI Bank vs Yes Bank vs Canara Bank
Here is a look at the debit card replacement charges of various banks, as per the websites.
SBI debit card replacement charges
State bank of India charges Rs 300 plus GST debit card replacement charges. GST is applicable @ 18%.
HDFC Bank
HDFC Bank replacement or reissuance charges for debit cards is Rs. 200 + applicable taxes.ICICI Bank
There will be a fee of Rs. 200.00 plus 18% Goods and Services Tax (GST) which will be charged for replacement debit card.
Yes Bank
Card replacement Charges: INR 199 + taxes extra.
Canara Bank
There will be a fee of Rs. 150.00 plus 18% Goods and Services Tax (GST) which will be charged for replacement debit card.
Can bank savings account balance go into negative if minimum balance is not maintained?
Punjab National Bank
PNB charges between Rs 150 to Rs 500 depending on the type pf card as debit card replacement fee.
What precautions do I take while using the Debit Cards
- Never disclose the PIN
- While doing any Point of Sale transactions, always ensure that card is swiped by the vendor in your presence.
- Never disclose CVV2 (3- digit number printed on reverse of the debit card) to anyone.
- While doing e-commerce transactions always ensure that the URL starts with https (and not http) for secure transactions.
- If you suspect that your card is compromised, you need to immediately hot-list the card and obtain replacement.
What to do when you have lost your Debit Card
If you fear your debit card has been stolen, you must notify the bank right away. Report the loss of your debit card. Use any method, including phone banking, the bank’s mobile app, online banking, or going in person, to block your card as soon as possible. You can ask the bank to issue a duplicate or new card after your card has been blocked.
