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Canara Bank ATM Card Per Day Limit Increased to Rs 5 Lakhs

Canara Bank ATM Card Per Day Limit Increased to Rs 5 Lakhs for PoS. and ecommerce transactions through Platinum & Business Select Credit Card, where as Cash withdrawal limit is revised to Rs One Lakhs from existing Rs 50,000. Similarly the ATM Withdrawal limit is increased to Rs 75,000 for the classic Debit Cards. Bank is issuing EMV/Contactless/NCMC Card to the customers under different variants as mentioned below:

1. Classic/Standard Debit Card.

2. Platinum/Business Debit Card.

3. Select Debit Card.

Also Know to Apply Canara Bank Debit Card Online, HowTo Guide ?

Checkout the Canara Bank ATM Card Per Day Limit of all the Cards. Revised daily card transaction limit for ATM Cash, POS and E-Com transactions is as below :

ATM Card Type Transactions Type Revised Daily Limit
Classic/Standard/Gold Debit Card Cash Rs 75,000/-
PoS/e-Commerce Rs 2,00,000/-
Contactless/NFC Rs 25,000/-
Platinum/Business/Select Debit Card Cash Rs 1,00,000/-
PoS/e-Commerce Rs 5,00,000/-
Contactless/NFC Rs 25,000/-
Note: Contactless transaction allowed Upto ₹ 5000/- per occasion and 5 transactions per day.

As per RBI guidelines for enhanced security on card transactions, by default cards issued are enabled for Domestic usage at ATMs & POS only. International/online (e-commerce) usage & contactless usage functionality (in contactless cards) are disabled at the time of card issuance. Customers are facilitated with switch on/off and set limits on the card channel-wise (ATM/POS/ E-Commerce, domestic/international, NFC-contactless), through ATM/Branch/Mobile Banking/Internet Banking/IVRS. Also Know – How to Transfer Money to Mobile Number in Canara Mobile Banking App ?

The increase in the Debit Card Limit will enable the customers for carrying out the high value transactions such as education fee, healthcare expense, travel booking etc.

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