MasterCard Business Debit Card

Card TypeFor Business concerns
EligibilityThe card can be issued in current account under following categories -Sole proprietorshipHUF through the Karta of the Family.Partnership concerns (including LLPs)Private limited companies (Authorized Individual)Publiclimited companies (Authorized Individual)
UsageGlobal (Domestic & International) usage allowed
ATM Limit (Cash Withdrawal) per dayRs. 1,50,000/-
PoS / eCom Limits (Combined) per dayRs. 5,00,000/-
Personal Accidental Insurance Cover*Not Available
Lounge facility*Complimentary Airport lounge access. Twice (2) per calendar quarter per card on domestic lounges. For upgraded lounge list, refer to MasterCard website.
Issuance ChargesPrimary Debit Card – Rs. 250/-Add-On Debit Card – Rs. 250/-
Annual Maintenance Charges (AMC)Rs. 500/-
Replacement ChargesRs. 250/-
Validity Period7 Years (Expiry is encountered on last day of the Debit Card expiry month)
Other featuresPersonalised Debit Card.Can be used at all POS terminals, E Com Websites / Apps and ATMs across India.International Acceptance
– Accepted at Discover / Diner enabled POS machines, ATMs & E Com websites / apps. The POS and ATM machine should be Chip and PIN enabled. Non 3D secure transactions (i.e. transactions without OTP / PIN are not permitted).Contactless transactions
Individual transaction up to Rs. 5000/- allowed without PIN at NFC enabled POS Terminals with Rs. 5000/- as daily overall limit.Offline mode
Not allowed.Regular Discount offers provided by MasterCard from time-to-time. For latest offers, refer to MasterCard Website.