Karnataka Bank Ltd

 

MoneyPlantTM International Debit Card

 

Money Plant International Visa Debit Card    

 

·         Karnataka Bank now introduces another exciting product called MoneyPlantTM International Debit Card that gives you access to your account whenever you want, wherever you want.

 

·         MoneyPlantTM International Debit Card allows you to purchase goods at Merchant Establishment and also gives freedom to withdraw cash from ATMs in India and abroad. This card gives you the freedom of making the purchases without the hassle of paying in cash. No need to carry the cash or no need to pay the bill at the end of the month, your purchase will be debited to your account instantly.

 

·         You can use MoneyPlantTM International Debit Card at the following locations.

 

---- All Karnataka Bank ATMs

---- All VISA / PLUS ATMs

---- All merchant Establishments for purchases.

---- At Corporation Bank ATMs and other shared Networks

 

·         You can use your Debit card as a credit card with credit facility of maximum limit of Rs. 25000/- for 45 days under K Power Scheme

 

Features of Debit Card

 

·        Valid in India and Overseas

 

·        Uses to make purchases at over 1,20,000 outlets in India and over 13 million outlets worldwide.

 

·        Used for cash withdrawal at over 22,000 ATMs in India and over 10 lacs ATMs worldwide.

 

·        No monthly outstanding in case of Debit Card. Your account will be instantly debited to the extent of your purchase or the amount withdrawn.

 

·        Limit Per day per card – ATM – Rs. 15000/-

 

·        Limit Per day per card – POS – Rs. 25000/- (At Merchant outlet)

 

·         You can avail a facility called K Power. This is a special facility that enables you to draw cash from any ATMs even if there is no balance in you account, which may be treated as personnel loan. Maximum permissible limit per card is Rs. 25000/-. The interest rate of PLR + 5% is charged on daily balance outstanding, the amount withdrawn is required to be repaid within a maximum period of 45 days from respective withdrawals.

·         Interest applied at the end of each calendar month as on the last day of the month.

·        You can have advantage of K Flexi scheme with Debit Card and K Power facilities.

 

Annual Charges and Transactions charges for using the Debit Card

 

  • Annual Fee – No Charges
  • Annual Fee for add on Cards – No Charges
  • There is no charge if the card is used at a Karnataka Bank ATM
  • There is no charge if the card is used at a Merchant Establishment for purchases

 

FOR TRANSACTIONS AT OTHER SHARED ATM NETWORK

Financial Transactions

FREE

Non Financial Transactions

FREE

 

Charge for Re-issue of Lost/ Stolen Card

Rs.100/-

Charge for Re-issue of card for in case of forgotten  PIN      

 Rs.25/-

Any Merchant outlets for making the payments on purchase

Actual purchase amount will be debited. No surcharge or extra cost will be debited.

For usage at Petrol Pumps                                

Surcharge of 2.5% of transaction  amount or Rs.10/- (whichever is higher)

For usage at Railway Stations                            

Surcharge of 2.5% of transaction amount

 

FOR TRANSACTIONS AT VISA/PLUS ATMs

 Cash Withdrawal – Domestic

Rs.20/-

 Cash withdrawal – International 

Rs.100/-

 Balance Enquiry - Domestic      

FREE

 Balance Enquiry – International 

Rs.25/-

 

Procedure to be followed in case Debit Card is lost or stolen.

 

If your card is lost/stolen please call our Toll Free Number 1800-425-1444 and obtain registration number for future reference. You may also report the loss of card to branch where you maintain your debit card account.

 

Your card would be deactivated immediately to prevent misuse.

 

If your card is lost/stolen while you are overseas, you can call the VISA Global emergency help line.