Bank Debit Card Rule details: Debit card can be replaced due to various reasons, including your card being lost or stolen, card getting damaged. Which banks charge how much for Debit Card Replacement? Let us find out.
Many banks start charging for your debit card from the second year onwards. Debit card charges depend on the type of card you have. Even if your card is stolen or lost, banks may charge a fee to replace it. Debit cards can be replaced for a variety of reasons, including your card being lost or stolen or the card being damaged. Which banks charge how much for replacement of debit card? Let us find out.
State Bank of India charges Rs 300 plus GST for replacement of debit card. GST is applicable at the rate of 18 percent.
HDFC bank
HDFC Bank charges more than Rs 200 for replacement or re-issue of debit cards.
ICICI Bank
HDFC Bank charges Rs 200 plus 18 per cent for debit card replacement.
Yes bank
Yes Bank charges Rs 199 plus 18 per cent for debit card replacement.
Canara Bank
For replacement of Canara Bank Debit Card, a fee of Rs 150 plus 18 percent will be charged.
Punjab National Bank
PNB charges between Rs 150 to Rs 500 as debit card replacement fee.
What to do if you lose your debit card?
If you fear that your debit card has been stolen, you should notify the bank immediately. Report the loss of your debit card. To block your card immediately, you can complete this task through phone banking, bank’s mobile app, online banking or visiting the bank in person. After your card is blocked, you can ask the bank to issue a duplicate or new card.
