Indian Overseas Bank Debit Card: IOB Debit Card

Indian Overseas Bank or IOB is one of the largest banks in India and so is its customer-base. To provide digital payment options, the bank offers an array of IOB debit cards for easy payments, online & offline both.

Read on to know about Indian Overseas Bank debit card activation & PIN generation process.

Types of IOB Debit Cards

There are 12 different types of debit cards offered by the Indian Overseas Bank to its customers under the three networks of VISA, RuPay and MasterCard. The following is the list of Indian Overseas Bank debit cards:

Now, let’s understand the basic features of the above-mentioned Indian Overseas Bank debit cards in the following section.

Features of IOB Debit Cards

In this section, we will talk about all IOB debit cards and their primary features like daily cash withdrawal limit, charges of card issuance and annual maintenance fee etc.:

IOB VISA Gold Debit Card

IOB Visa Gold debit card is offered to all the savings account holders with the Indian Overseas Bank maintaining an average quarterly balance of Rs 50,000. It has a daily cash withdrawal limit of Rs 30,000 at ATMs and daily POS and online limit of Rs 75,000 each. The card comes with an issuance charge of Rs 200 (plus GST).

IOB VISA Platinum Debit Card

This is offered to the savings bank account holders maintaining and average quarterly balance of Rs 75,000 with a daily cash withdrawal limit of Rs 50,000 and Rs 2 lakhs for purchases at POS and online websites. Customers need to pay an issuance charge of Rs 250 (plus GST) along with annual maintenance charge of Rs 200 from the 2nd year onwards.

IOB RuPay PMJDY Debit Card

Offered to all the Basic Savings Bank Deposit Accounts (BSBDA) in the Indian Overseas Bank. This is a basic debit card and thus have a low cash withdrawal and well as online/POS purchase limit of Rs 10,00 per month and Rs 50,000 per year. It does not fetch any issuance charges but attracts Rs 100 as annual maintenance fee.

IOB RuPay Classic Debit Card

This card has a daily cash withdrawal limit of Rs 20,000 with Rs 50,000 limit on online purchases and POS transactions as well. It’s issued to all savings bank account holders, CC/CD accountholders (individuals and proprietorship only). It has an issuance charge of Rs 50 and annual maintenance fee of Rs 150 (plus GST).

IOB RuPay Platinum Debit Card

Offered to all IOB savings and current account holders, IOB RuPay Platinum debit card comes with a daily cash withdrawal limit of Rs 30,000 and purchase limit of Rs 75,000 at POS/E-Comm portals. Along with this, there is an issuance charge of Rs 150 plus GST and annual maintenance fee which is applicable from 2nd year onwards. The card does not attract any charges for using the card at IOB ATMs for all financial and non-financial transactions like checking IOB bank balance, changing IOB debit card PIN and more.

IOB VISA Signature Debit Card

To use this debit card, you must maintain an average quarterly balance of Rs 1 lakh in your IOB bank account. This is a premium IOB debit card and thus offers higher cash withdrawal limit of Rs 75,000 at ATMs and Rs 2.70 lakhs at POS/online portals. You get exclusive offers on using this card for dining, retails, travel and golf etc. activities. With these benefits, you’d be required to pay annual maintenance charges of Rs 750 (plus GST) for using this debit card.

IOB SME Debit Card

This debit card is only for MSME customers with the following limits:

• ATM cash withdrawal: Rs 50,000
• Daily usage at POS & E-Comm. Portals: Rs 1 lakh
• Annual Maintenance Fee: Rs 100
• Issuance Fee: Rs 150
• Eligible for IOB Rewardz points
• This card can only be used for business transactions

IOB VISA Classic Debit Card

The following are the prime features of IOB Visa Classic debit card:

• Eligibility: All savings bank account holders and current account holders in the name of individual or proprietary
• Daily cash withdrawal limit: Rs 20,000
• Daily usage at POS/Online portals: Rs 50,000
• Issuance Charges: Rs 100
• Annual Maintenance Fee: Rs 150

IOB RuPay NCMC Debit Card

An NCMC or National Common Mobility Card is a transport card issued by the Ministry of Housing and Urban Affairs in collaboration with various banks in India, including the Indian Overseas Bank. This card can be used as a contactless debit card at POS for a transaction up to Rs 5,000.

How to Block IOB Debit Card?

If you’ve lost you IOB debit card, you can right away block it easily within a few simple steps. This is how:

• Go to IOB website
• Hover your cursor over Digital Banking
• Click on Debit Card Blocking under the Services section

• Enter your account number, regd. mobile number & security code
• Click on Next

Enter the OTP that you will receive on your mobile number to complete the blocking of your debit card.

Another way is to simply call the IOB customer care number or login to your IOB netbanking account and have your IOB debit card blocked instantly.

Also, we advise you to check your account balance immediately if you’ve lost your debit card to find out if there are any unauthorized transactions. You can either use the IOB mini statement or opt for other options to check your IOB bank balance instantly.

What are the IOB Debit Card Service Charges?

There are three types of charges on IOB debit card, viz. Annual Maintenance Charges (AMC), Issuance Charges & Replacement Charges. Below-listed are charges for the all types of IOB debit cards:

IOB VISA Cards

IOB RuPay Cards

IOB MasterCard Cards

Note: There are no charges for using these debit cards for financial and non-financial transactions at IOB ATMs.

IOB Debit Card Customer Care

If you wish to block/unblock your IOB debit card or have any other queries regarding the same, please call on the below-mentioned IOB customer care number for instant assistance:

044-28519470

Indian Overseas Bank Debit Card Activation Online

You can enable e-commerce transactions, contactless transactions and international transactions on your IOB debit card easily using either the netbanking option or the mobile banking option. Here’s how:

Via Netbanking

• Log into your IOB netbanking account
• Click on IOB Cards > IOB Debit Cards
• Now, select Switch On/Off Channels
• Select account number linked to your debit card > Submit
• Select debit card > Submit
• Choose the services you want to turn on
• Enter your funds transfer PIN > Submit
• Enter OTP that you’ll receive on your registered mobile number

Your IOB debit card will be activated for the services chosen.

Via Mobile-Banking

• Download IOB Mobile app and login
• Tap on Card Services
• Select Debit Card Services
• Tap Manage Debit card Limit & Channel Update
• Select services you want to activate on your debit card
• Click on Domestic Limit or International Limit for setting individual limit
• Hit the Submit button
• Check Review page for the changes made and click on Confirm

Enter your IOB mPIN to authenticate & complete the process of your IOB debit card activation via mobile banking.

Indian Overseas Bank Debit Card Pin Generation Online

How to generate IOB Debit Card PIN? To know the answer to this, read on:

You can generate the PIN of your IOB debit card easily by visiting any of the IOB ATMs. Insert your card in the machine and then select the option that indicates for PIN generation. You’ll receive an OTP on your registered mobile number that you need to enter to authenticate your identity. Once entered, you’ll be able to create your IOB debit card PIN. Another option is to generate your IOB debit card PIN by logging into the IOB netbanking account.

Check debit cards offered by different banks:

IOB Debit Card: FAQs