Indian Bank Credit Card Customers – EMV/Chip Cards

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            Indian Bank has initiated the process to migrate its Credit Cards from Magnetic Strip to EMV/Chip based cards.
            In the first stage, the migration is planned for Gold Card customers.  Migration for other card holders will happen in due course.
            At the same time, Indian Bank has introduced limits for credit card transactions for Gold / Classic / Business Card Customers
            The following limits will apply to Gold Card holders till they receive the EMV/Chip Based cards:
  • Indian Currency Transactions (POS, E-com & ATM withdrawals): Rs 25,000/- daily limit.
  • Foreign Currency Transactions (POS, E-com & ATM withdrawals) is temporarily

The following limits will apply to Business Card holders with their existing magstripe cards :
  • Indian Currency Transactions (POS, E-com & ATM withdrawals): Rs 25,000/- daily limit.
  • Foreign Currency Transactions (POS, E-com & ATM withdrawals) is temporarily withdrawn.
The following limits will apply to Classic Card holders:
  • Indian Currency Transactions (POS, E-com & ATM withdrawals): Rs 15,000/- daily limit.
  • Foreign Currency Transactions  (POS, E-com & ATM withdrawals) is temporarily withdrawn.

To minimize customer discomfort,  if any customer wants to enhance Indian Currency Transaction limit or to enable Foreign Currency limit, they may send SMS (their requests along with their credit card number and the amount in Indian currency) to 94443 96058 or 94443 96056 from their registered mobile number for enabling the same from 10.00 am to 5.00 pm on working days.
      Indian Bank has three RRB’s under its fold, namely
01) Pallavan Grama Bank
02)Puduvai Bharathiar Grama Bank
03)Saptagiri Grameena Bank

In the last financial year, Indian Bank has introduced a number of facilities to its individual customers. The most important facilities are as under:

v  “Card Block Facility” through SMS under which the credit card customers can block their credit cards by sending an SMS (by typing „BLOCKCC‟) to 56767 from their registered mobile number
v  In Tamil Nadu, under Social Security Scheme Old Age pension is being paid to about 2.11 lakh beneficiaries, in the villages covered under Financial Inclusion, through Bank accounts using Information and Communication Technology (ICT) based Smart Card enabled Business

v  Bank has implemented the ICT based BC model in Koyambedu Market, Chennai, wherein a BC has been engaged in the market. 775 vegetable/fruit vendors have been enrolled and issued with smart cards and 1668 transactions amounting Rs.9.02 lakh have been done by the BC.

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