Debit Card Replacement Fees: Know The Details Here!
Banks charge fees for debit card replacement, so make sure you know the details beforehand! Get insights into HDFC, SBI, and PNB fees and safeguard your card with smart precautions.
Learn about debit card replacement charges for HDFC, SBI, and PNB. Stay informed on bank fees and essential precautions for debit card usage.
Banks often charge fees for your debit car, starting from the second year, and the amount varies based on the type of card you have. Even if your card is lost or stolen, there might be a replacement fee. Debit card replacement can be for various reasons, such as misplacement, damage, or theft.
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Here’s a look at the debit card replacement charges from different banks:
SBI: State Bank of India charges Rs. 300 plus 18% GST for debit card replacement.
HDFC Bank: HDFC Bank’s replacement charges for debit cards are Rs. 200 plus applicable taxes.
ICICI Bank: ICICI Bank charges a fee of Rs. 200 plus 18% GST for replacement debit cards.
Yes Bank: Yes Bank has card replacement charges of INR 199 plus taxes.
Canara Bank: Canara Bank charges a fee of Rs. 150 plus 18% GST for replacing a debit card.
Punjab National Bank (PNB): PNB charges between Rs. 150 to Rs. 500 for debit card replacement, depending on the type of card.
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To prevent any issues, here are some precautions to take while using debit cards:
- Never share your PIN.
- Ensure the card is swiped in your presence during Point of Sale transactions.
- Never disclose the CVV2 (the 3-digit number on the back of the debit card) to anyone.
- For online transactions, check that the URL starts with “https” for secure transactions.
- If you suspect your card is compromised, immediately report it to the bank and request a replacement.
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If you’ve lost your debit card, inform the bank promptly. You can report the loss through various channels, including phone banking, the bank’s mobile app, online banking, or by visiting a branch. Once your card is blocked, you can request a duplicate or new card from the bank.
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