You will always use your ATM card only to withdraw cash or make purchases. If you also have a Rupee ATM card, you can be happy, as Rupee ATM card can be very useful in your trouble. Indeed, this is how you get Rs 10 lakh free insurance on an ATM card. Along with this, there are many more amazing benefits of this card that very few people are aware of. Today we are going to tell you about the benefits of Rupee Card.
This card is economical:
If the whole process is done in the country, then dealing with this card is more economical than any other card. This is an Indian scheme. Therefore, the offers have been prepared keeping in view the Indian customers.
These benefits are available when used abroad:
Rupee cards are much cheaper than other cards. The initiative has been taken by the National Payments Corporation of India i.e. NPCI. NPCI also pays the claim amount through this card. If you use this card abroad, you will get 5% cashback on ATM usage and 10% on POS machine usage.
In case of accidental death and permanent disability, customers with non-premium card of Rs. Get insurance cover of Rs 1 lakh. At the same time, this amount is two lakh rupees for a premium card holder.
How to get a card like this:
Let me tell you that all the major government banks, including SBI and PNB, issue these cards. Most of the private banks including HDFC, ICICI Bank, Axis Bank are also offering this card. You can inquire about this with your bank. Insurance cover is available in case of accidental death or permanent disability. There are two types of cards – classic and premium. Classic cards have a cover of up to Rs 1 lakh and premiums up to Rs 10 lakh.