Daily Cash and Transaction Restrictions for RuPay Cards Vary Between Banks

Summary:
– RuPay Debit Card has a limit that varies between banks.
– Banks set a maximum limit for purchases and withdrawals on RuPay Debit Card.
– Daily transaction limits for ATM and POS machine transactions are determined by the bank and may vary depending on the type of card.
– There are four different types of RuPay Debit Cards: Government Schemes, Classic, Platinum, and Select.
– Daily cash, transaction restrictions, and annual subscription fees for RuPay cards vary between banks.
– Here are the transaction limits for HDFC Bank, PNB, Yes Bank, and SBI RuPay Cards.

RuPay Debit Card Transaction Limit:
– Daily transaction limits for ATM and POS machine transactions are determined by your bank and may vary depending on the type of card.
– Currently, the banking system offers four different types of RuPay Debit Cards: Government Schemes, Classic, Platinum and Select.
– Daily transaction restrictions for ATMs and POS terminals will be set by your bank based on the type of RuPay Debit Card you currently hold.
– This means that daily cash, transaction restrictions and annual subscription fees for RuPay cards also vary between banks.

Transaction Limit on HDFC Bank’s Rupee Premium:
– On your HDFC Bank Debit Cards, you can now get a daily maximum of Rs. 2,000 and a monthly limit of maximum Rs. 10,000 upto.
– Cash can be withdrawn at all commercial outlets. Daily domestic shopping limit is Rs. 2.75 lakh, with a daily domestic ATM withdrawal limit of Rs. 25,000.

Transaction limit in PNB Select RuPay Card:
– Daily ATM limit on PNB RuPay NCMC Platinum Debit Card is Rs. 1,00,000, while the daily combined POS/e-commerce limit is Rs.3,00,000.

Yes Transaction Limit on Bank Rupay Platinum Card:
– Yes Bank’s POS has daily withdrawal and purchase limits of Rs. 25,000, but the ATM and POS transaction limit for salaried customers is Rs.75,000.

Transaction Limit on SBI Rupay Card:
– At domestic ATMs, SBI’s minimum transaction limit is Rs. 100 and a maximum transaction limit of Rs. 40,000.
– Maximum limit for daily point-of-sale online transactions on SBI RuPay Debit Card is Rs. 75,000.

What is RuPay?
– Rupee is the universal payment system for Indian financial services introduced by the Reserve Bank of India (RBI) in 2012.
– It was created to reduce the need for cash in the Indian economy, according to a Forbes report.
– RuPay Debit Card is a plastic card issued by a bank to a customer who has a bank account.

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