Andhra Pradesh Mahesh Co-operative Urban Bank RuPay Debit Card
We are pleased to inform the launching of RuPay Debit Card - India’s First Domestic Card. Presently RuPay Card can be used at ATMs POS & e-Commerce in India.
Key features of RuPay Debit Card:
|
Per Transaction - |
Minimum Rs.100/- |
Maximum Rs.10,000/- |
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Per Day - |
Minimum Rs.100/- |
Maximum Rs.20,000/- |
Limit for purchases at Merchant Establishment on Point of Sale Terminal:
| Per Transaction & Per Day |
Rs.50,000.00 |
Minimum Balance Criteria for issuance of Debit Card & Charges for non maintainance of the same:
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|
|
|
|
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Amount in Rs. |
|
Sno |
Description |
Savings Deposit -Normal |
Basic Savings |
Mahesh Juniors Savings Accounts |
Mahesh Super Mahila Savings Accounts |
Current Account |
|
1 |
Monthly Minimum Balance to be maintained |
1,000.00 |
No Minimum Balance |
1,000.00 |
500.00 |
3,000.00 |
|
2 |
Charges for not maintaining Min. Balance |
50.00 Plus |
N.A |
No Charges |
50.00 Plus Service Tax |
200.00 Plus |
Savings / Current Accounts.
All Transactions are free on our Bank’s ATMs for our Customers.
For withdrawal of Cash and non-financial transactions – up to 3 transactions per month are free for the transactions done on 6 Metro Cities i.e. Mumbai, New Delhi, Kolkata, Chennai, Bengaluru and Hyderabad. Transactions at other locations, 5 transactions are free. However, put together total 5 transactions per month are free subject to a maximum of 3 transactions at Metro locations.
Above free Transactions: Rs.20/- plus service tax per transaction will be charged.
Surcharge on POS transactions:
Transaction value <= 2000.00 - 0.75% plus Service Tax
Transaction value > 2000.00 - 1.00% plus Service Tax
b. Railway Ticket Booking - Rs.10/- plus Service Tax
* The charges are subject to changes from time to time as per the Bank policy.
Click here to download Application form for RuPay Debit Card facility
Click here to download Terms & Conditions form for RuPay Debit Card facility.
The application should be duly filled by the applicant and should be submitted at the Branch where he / she maintains the account along with the terms & conditions form duly signed.
Click here to know the address of Andhra Pradesh Mahesh Co-operative Urban Bank ATMs.
Click here to know the list of member banks under NFS ATM Shared Network
Click here for User Manual & Terms and Conditions of Andhra Pradesh Mahesh Co-operative Urban Bank RuPay Debit Card.
Customer's complaint on failed transactions will be resolved by bank within 7 working days from the date of receipt of complaint, failing which customer is entitled to a compensation for any delay of Rs100/- per day by the card issuing bank ( If complaint is lodged with in 30 days of the date of the transaction.)
For complaining about ‘Account debited Cash not dispensed’ – Click here
For other Complaints / Requests i.e. FOR ADDRESS CHANGE/ NEW PIN / BLOCKING OF CARD / CANCELLATION OF CARD / ISSUANCE OF DUPLICATE CARD - Click here
Basic Savings
Features
No Minimum Balance, No initial deposit to open the account.
No restrictions like Age, Income Criteria for opening BSBD Account.
All provisions of KYC, AML, PML are applicable.
Passbooks are given free.
Maximum of Four withdrawals in a month including ATM withdrawals;
RuPay ATM Cum Debit Card with Accidental Insurance of Rs. 1.00 Lac free
No charges for all the above facilities
PMJDY
The Hon’ble Prime Minister in his Independence Day Speech on 15th August, 2014 announced a comprehensive program of Financial Inclusion targeting the large number of people who are currently deprived of even rudimentary financial services. The PradhanMantri Jan DhanYojana (PMJDY) sets out to provide a basic Bank account to every family who till now had no account.
