Insurance Covered : The following are included in the insurance covers:
Effective 1st July 2014, all Debit Card holders are required to use their Debit Card at retail OR on-line stores at least once every 30 days to keep the free Personal Death Insurance cover on their Debit Card active.
Death Cover by Air / Road / Rail - Sum Insured up to Rs. 10 lac.
For Managed Customers (Imperia, Preferred and Classic Customers) the sum insured is up to Rs. 12 Lacs
International Air Coverage of flat Rs.1 Crore on purchase of air ticket using your Debit Card.
Fire & Burglary for the items purchased under Debit Card (upto 90 days) - Sum assured Rs. 200,000.
Loss of checked baggage - Sum assured Rs. 2,00,000. For any Claims under Fire & Burglary Insurance/ Loss of checked baggage Insurance to be accepted & processed, the cardholder should have carried out at least 1 purchase transaction using the Debit Card, within 3 months prior to the event date.
In the event the Insured Person(s) having multiple Cards issued by the Insured named in the Schedule, the Insurance Policy shall be applicable only for the Card, which has the highest Sum Insured / limit of Indemnity.
Effective 15th May'17 you will get 1 CashBack point on every Rs. 100 spent on Telecom, Utilities.
1 CashBack point on every Rs. 200 spent on Groceries & Supermarket, Restaurant & Apparels, Entertainment
Maximum cap of Rs. 750 per card per month
No cashback points for all other categories apart from the ones above.
Customers will receive cash back points on eligible MCC (Merchant Category Code) only. Click Here to Know More.
CashBack points earned will be valid for redemption within the next 12 months after which your Cashback points will lapse.