NRI BankingValue Added Services

Enjoy the world of convenience, ease and security with South Indian Bank ATM cum debit cards. South Indian Bank offers ATM cum Debit card for domestic as well as international transactions. Forget carrying cash while shopping and traveling around the world with South Indian Bank’s new VISA/MasterCard/RuPay ATM cum shopping cards. The card comes to you with features of Global acceptance, Online Shopping, Utility bill payments and Cash withdrawal from more than 49,880 ATMs in India and millions of ATMs across the world.
 
Acceptability:
 
Enjoy purchases around 3,50,000 POS outlets in India and millions of outlets across the world, shop online, entertain, book tickets, fuel your vehicle and what not…?
 
Security:
 
SIB’s ATM cum shopping cards comes with an ‘extra level of security’ of Verified by VISA/MasterCard Secure Code.
 
Online Shopping:
 
Buy anything online, book train, airlines and movie tickets or buy gifts online for your loved ones.
 
Bill payments:
 
Convenient payment of electricity, mobile, telephone, life insurance, mutual fund and other utility bills.
 
Domestic ATM cum Debit cards:
 
South Indian Bank issues ATM cum Debit card to meet special and specific requirement of each and every customer. The Domestic ATM cum Debit card is issued to customers in VISA/MasterCard/RuPay platform. 

 
Daily Transaction limits of domestic only ATM cum shopping cards:

Card Type
Daily Cash Withdrawal Limit (Rs.)
Daily Shopping Limit
(Rs.)
MAESTRO
20,000
1,00,000
RUPAY CLASSIC
20,000
1,00,000
VISA CLASSIC
20,000
1,00,000
MASTERCARD
20,000
1,00,000
VISA GOLD
30,000
1,50,000
VISA PLATINUM
50,000
2,00,000
RUPAY PLATINUM
50,000
2,00,000
MASTERCARD PLATINUM
50,000
2,00,000

Limits for RuPay Classic Debit cards issued in SIB Junior & BSBDA

Card Type
Domestic transaction limits
Daily Cash Withdrawal Limit (Rs.)
Daily Shopping Limit
(Rs.)
RUPAY CLASSIC
15,000
25,000

 

As per RBI mandate with effect from 15.11.2013, all International ATM cum Shopping cards are issued as EMV CHIP and PIN enabled debit cards. Those cards issued before 15.11.2013, will have reduced international transaction limits as given below:

Card Type
Reduced International Transaction limits
Daily Cash Withdrawal Limit
(Rs.)
Daily Shopping Limit
(Rs.)
Maestro
10,000
10,000
Visa Classic
10,000
10,000
Visa Gold
15,000
15,000
Visa Platinum
15,000
15,000

 
International ATM cum Debit cards:
 

South Indian Bank offers International ATM cum Debit card to the customers in the form of Chip & PIN based cards. The cards are issued in VISA, MasterCard and RuPay Platform and can be used globally for cash withdrawals at ATMs and for purchase transactions at POS/Online terminals 24*7.Daily Transaction limits of International ATM cum Debit card:

 

Daily Transaction limits of EMV CHIP and PIN enabled Debit cards:

Card Type
International and Domestic transaction limits
Daily Cash
Withdrawal Limit (Rs.)
Daily Shopping
Limit (Rs.)
RUPAY CLASSIC EMV
40,000
1,00,000
VISA CLASSIC EMV
20,000
1,00,000
MASTERCARD TITANIUM EMV
40,000
1,00,000
VISA PLATINUM EMV
50,000
2,00,000
MASTERCARD WORLD EMV
1,00,000
5,00,000

Revised Daily Transaction limits of VISA Classic & MasterCard World EMV CHIP and PIN enabled Debit cards: With effect from 15th November 2015, the daily transaction limits of Visa Classic EMV and MasterCard World EMV will be revised as given below :

Card Type International and Domestic transaction limits
Existing Limit Revised Limit
Daily Cash
Withdrawal Limit (Rs.)
Daily Shopping
Limit (Rs.)
Daily Cash
Withdrawal Limit (Rs.)
Daily Shopping
Limit (Rs.)
VISA CLASSIC EMV 20,000 1,00,000 40,000 1,00,000
MASTERCARD WORLD EMV 1,00,000 5,00,000 1,25,000 5,00,000

Banks may levy 2.5% of the transaction amount or Rs.10/- (whichever is higher)  as surcharge for transaction at fuel pumps
 
** 5 accounts can be linked to the card.