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Business Debit Card (Platinum)
The following are the features of Business Platinum Debit card:
Specifications
*Average quarterly Balance to be maintained
Not Applicable
Daily withdrawal limit –ATM
Rs. 1,00,000/-
Daily shopping limit-PoS and online
RS. 3,00,000
Total Daily limit
Rs. 4,00,000
*Issuance fee
free
Insurance amount
Accidental death insurance of Rs.2 lacs will be applicable to each partner to whom debit card will be issued.
*Business Platinum Debit card shall be issued only to those current account holders who maintain AQB of Rs.1 lac and above
Addition Required
Yearly charges of Rs 500.00 plus GST shall be levied to the card holder for non-maintenance of AQB of Rs 1 lakhs from the next quarter.
Other benefits of Business Debit card given by VISA to card holders:
a)Lounge access program Visa lounge access program allows 2 complimentary accesses per quarter to Business Platinum cardholders
b)Visa Commercial Offers Visa has a suite of exciting and relevant offers that make doing business more rewarding with Visa Business Cards. The offers are spanned across categories like Accommodation, Business Travel, Business Services, Car rental, Office Spaces, etc. Discount varies from 15% to 25 % depending on the services availed by the card holder.
Customers are advised that any person resident in India collecting and effecting/remitting payments directly/indirectly outside India in any form towards overseas foreign exchange trading through electronic/internet trading portals would make himself/herself/themselves liable to be proceed against with for contravention of the Foreign Exchange Management Act (FEMA), 1999 besides being liable for violation of regulations relating to Know Your Customer (KYC) norms/Anti Money Laundering (AML) standards. If the customer attempts to do such transaction, the bank will immediately block/cancel the card and close the account without any further notice. The names of defaulting customers will be reported to Reserve Bank of India.