With a Rupay card, transactions can be made at any ATM across India.
Soon, facilities such as online shopping, electricity bill payments, and railway reservations will also be introduced using our bank's ATM card.
Kindly contact the branch officer of your bank today itself to obtain an ATM card.
Guidelines & Safety Tips for your RuPay Debit Card
You can use your card at your own bank’s ATM or any bank’s ATM which is in the NFS network. Look for RuPay logo displayed at the ATM. This logo indicates that the ATM is in the NFS network. You can use your card at over 1.4 lac such ATMs across India.
Step 1: Insert your card into the slot provided. If the ATM has a dip reader, insert the card into the slot and pull it back. If the ATM has a motorized card reader, your card will be retained in the ATM till the transaction is completed.
Step 2: The ATM will prompt you to select your preferred language.
Step 3: Next, the ATM will prompt you to enter your PIN.
Step 4: After confirmation of your PIN you will be provided with a list of transaction options, viz. : Fast Cash, Cash Withdrawal, Balance Enquiry, Mini Statement, Change PIN. Select your desired transaction and follow the instructions.
Step 5: In case of cash withdrawals, your account with The Banaskantha Mercantile Cooperative Bank Ltd. will be debited online with the amount of withdrawal.
Step 6: After you finish the transaction at an ATM having a motorized card reader, collect your card as soon as it is ejected (within 30 seconds), or else it will be retained by the ATM. If your card gets retained, please contact the ATM-linked branch or the card-issuing branch.
You can withdraw cash of a minimum of Rs. 100/-to the maximum limit prescribed for the type of your account. Please go through the Tariff Sheet for the charges applicable.
Enter your PIN correctly at the ATM. If you enter a wrong PIN three times repeatedly, your card will get blocked for the day. In such a situation, contact the bank immediately.
Bank will not be held responsible for any unauthorized transactions on the card.
Important: As per RBI mandate, any cash left behind in the ATM tray will not be taken back by the ATM. Uncollected cash can be taken by the next person using the ATM. Bank will not be liable for any financial loss.
Present your card at the Merchant Establishment. Ensure that it displays the RuPay logo.
The merchant will swipe it through the POS terminal and enter the amount of your purchase.
You will be presented with the PIN pad. Enter the same PIN which you use at an ATM to withdraw money.
The POS terminal will process your transaction by debiting your account with The Banaskantha Mercantile Co-operative Bank Ltd. with the purchase amount (subject to availability of funds in your account) and print a charge slip.
Personal Identification Number (PIN): Confidential 4-digit number for using your card at ATMs and POS terminals.
This is your 16-digit Card Number. Please note that you are required to quote this number for all future correspondences with your bank.
Important information pertaining to your RuPay Debit Card is encoded here. Please protect the magnetic stripe from getting damaged.
Only you are authorized to use your card. Please check that your name has been correctly printed on your Debit Card. If not, then please contact your branch at the earliest. (If your card is an Insta Card, there will be no name printed on it.)
Please sign on the signature panel immediately on receipt of your card with a non-erasable ball-point pen (preferably black ink).
Your RuPay Debit Card is valid from the day you receive it, up to the last day of the month of the year mentioned on the card.
This is a 3-digit number present at the end of the signature panel on the back of the card. An added security feature for CNP (card-not-present) transactions. Cardholder needs to communicate this number for all e-commerce transactions.
Your RuPay Debit Card is acceptable in India at ATMs and Merchant Establishments displaying the RuPay logo.
| Description | Details |
|---|---|
| Annual Fee (per annum) | Rs. 100 |
| Other Bank ATMs | Free for the first five transactions (financial and non-financial combined) |
| Additional Card (per annum) | Rs. 100 |
| RuPay Debit Card (charges applicable after free transactions) | Financial (cash withdrawal): Rs. 20 (As per RBI circular, this amount cannot exceed Rs. 20, inclusive of taxes) Non-financial (balance inquiry, mini statement, PIN change): Rs. 12 (As per RBI circular, this amount cannot exceed Rs. 12, inclusive of taxes) |
| RuPay Debit Card Limit | Daily cash withdrawal limit (per day): Rs. 30,000 |
| Card Replacement Fee | Rs. 100 |
| PIN Replacement Fee | Rs. 50 |
Note: GST will be charged additionally on the above tariff.
Mercantile Bank is proud to offer ATM services. Any individual with a savings bank account (single or joint holders, with instructions for withdrawal with one signature) is eligible for an ATM card.
For current accounts with sole proprietorship or partnership accounts, where withdrawal is permitted with a single signature, the ATM card facility is also available. Additionally, the ATM card can be used in overdraft accounts against fixed deposits.
| Transaction | Limit |
|---|---|
| Maximum per transaction | Rs. 30,000 |
| Maximum per day | Rs. 30,000 |
