National Payment Corporation of India (NPCI) introduced RuPay Debit Card which is an international debit card that is accepted at all ATMs for cash withdrawal, and at most of the PoS machines in order to make cashless payments for purchases made globally. Read on to know more about RuPay Debit Card in detail.
Note: The above image is for your reference for how to identify if your RuPay card is accepted Internationally.
Types of RuPay Debit Cards
- RuPay Platinum Debit Card: With RuPay Platinum, you can avail discounts from various merchants and earn cashback on utility bill payments as well
- RuPay Classic Debit Card: This card helps you to make the payment with exclusive merchant offers and can be used to withdraw money from a wide network of ATMs
- RuPay Select Debit Card: This card caters to the need of customers who are seeking lifestyle-centric benefits such as gyms, spas, wellness, etc.
Note: All three card variants at present are available under RuPay Global and are accepted at over 42.4 million POS locations and over 1.90 million ATM locations in 200+ countries and territories worldwide.
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Eligibility & Documentation
If you want to avail any of the RuPay Debit cards, you must have a bank account. Along with that, you need basic KYC documents like ID proof and address proof to avail a RuPay debit card. The documents that are required to apply for a RuPay card are mentioned below:
- Address Proof
- Identity Proof
- 2 passport size photographs
Note: A RuPay debit card can be availed by filling out a form at the respective bank branch.
How to Apply for RuPay Debit Card?
You will be required to fill out an application form. Make sure that you carry copies of your KYC documents that are needed for the process of verification. You can also apply for RuPay Debit Card online by visiting the respective bank’s website
Must Read: Best Rupay Credit Cards 2022
RuPay Debit Card Vs Visa Debit Card
| RuPay Debit Card | VISA Debit Card |
| They are offered by almost all Indian Banks- Public, Private, Regional Rural & Co-Operative Banks | Almost all banks in India & abroad offer Visa Card |
| Issued and activated instantaneously | Card issuance is comparatively a lengthy process |
| Exclusive offers at select RuPay merchants | Exclusive offers at select VISA merchants |
| Transactions are processed fast & at a cheaper rate | Transactions are processed slightly slow and at a higher rate |
Should you Opt for a RuPay Debit Card?
The transaction cost of RuPay Debit Card is very less when compared to the other debit card variants in the market such as Visa & MasterCard since the entire transaction process takes place on Indian premises. There’s greater reachability of these cards as customers living in rural areas with limited internet accessibility are also using them. Not only this, high transaction and withdrawal limit offers immense flexibility to the customers. However, you must opt for a RuPay Debit Card if it is meeting your needs and requirements.
Frequently Asked Questions
Q.What is RuPay Debit Card?
A RuPay Debit Card is a plastic card that can be used as a method of payment that is issued by your bank where you have an account. This is the first-of-its-kind that has a global card payment network from India, with wide acceptance at various shops, ATMs, and online transactions.
Q.How does RuPay Debit Card work?
A RuPay Debit Card is linked to a bank account and can be used in various ways such as to withdraw funds from an ATM, to shop at PoS, or for making an online purchase.
Q.What are the benefits of having a RuPay Debit Card?
- Secured and safe transactions with SMS alerts and notifications
- Has a greater reach as customers in rural areas also apply
- Provides interoperability between payment channels
Q.I have lost my RuPay Debit Card. What do I do?
In case of loss or theft of a RuPay Debit Card, make sure you report the loss to the respective issuing bank in order to block the card. To do so, you can either call the customer service, visit the nearest bank branch, log on to your net banking, etc.
Q.I have applied for a RuPay Debit Card, how can I check the status of my RuPay Debit card application?
In order to check the status of your RuPay Debit Card Application, you may contact the bank in which you have applied for a RuPay Debit card.
Q. Who are the issuing banks of RuPay Debit Card?
Currently, there are ten core promoter banks that issue RuPay Debit Card. They are State Bank of India, Punjab National Bank, Canara Bank, Bank of Baroda, Union Bank of India, Bank of India, ICICI Bank, HDFC Bank, Citibank N. A., and HSBC.
Q. Can I use my RuPay Debit Card outside India as well?
Yes. for RuPay, NPCI entered into a strategic partnership with Discover Financial Services to enable the acceptance of RuPay Global Cards to utilise the Discover, Diners Club International, and PULSE networks for international purchases and cash access outside India.