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Learn more about our newly launched TMB Business Debit Cards.
We are glad to announce the introduction of two new variants of debit cards viz. VISA Platinum Business Debit Card and Master Platinum Business Debit Card.
Individuals, excluding Minor and Illiterate persons, being
Current Account in the name of Proprietorship concerns, Partnership Firm or Private Limited Company.
| Constitution | Documents |
|---|---|
| Proprietorship | Card Application Form |
| Partnership Firm |
|
| Private Limited Company |
|
Permanent Account Number (PAN) and Proof of Residence of the authorized person are mandatory for issuance of "TMB Business Debit Cards ".
TMB Business Card can be used to make payments online (with 3D-Secure), for utility bills and for purchase of business essentials. Besides booking travel tickets, this Debit card also eliminates the need for Travellers Cheques and exchanging currency during international trips. The Card will be accepted at millions of suppliers worldwide, making it a convenient way to pay. The Platinum variant of the VISA Debit card, entitles the Card holder to higher discounts at Merchant sites and offers given by VISA from time to time.
This card provides the Card holder higher limit for Cash Withdrawal at ATMs as well as for Ecommerce and POS transactions.
This card also provides complimentary Accidental (Death) Insurance coverage of Rs.5 lakhs to the Business Debit Card holders.
Transaction Limits (per day)
| S.No | Channel | Nature of Transaction | Daily limit (*) | |
|---|---|---|---|---|
| No. of Txn | Amount | |||
| 1 | ATM | Cash withdrawal | 10 | 1,00,000/- |
| 2 | ATM | Self Transfer | No ceiling | 5,00,000/- |
| 3 | ATM | Third Party Funds Transfer | No ceiling | 5,00,000/- |
| 4 | ATM | Card to Card Funds Transfer | 5 | 25,000/- (#) |
| 5 | ATM | Card-less Cash withdrawal – Remitter | No ceiling | 50,000/- (&) |
| 6 | ATM | IMPS Funds Transfer through ATM | No ceiling | 50,000/- |
| 7 | ATM | Utility Bill payments like TNEB, Chennai Corporation Tax payment etc. |
No ceiling | No ceiling |
| 8 | ATM | Non financial Transactions | No ceiling | Not Applicable |
| 9 | POS | Point of Sale (Card present) Transaction at Merchant outlets | No ceiling | 2,00,000/- |
| 10 | ECOM | E-Commerce (Card Not Present) Transaction at Merchant sites | No ceiling | 2,00,000/- |
| Total (Per Day) | 16,00,000/- | |||
# Card to Card Transfer limit is a SUB-LIMIT of Third Party Funds Transfer & - with per transaction limit of Rs. 5,000/-
Note :- The above limit will be a combined limit for both Domestic as well as International transactions (in equivalent Indian Rupees). International transactions will be permitted only against specific request by the customer.
| S.No | Particulars | TMB Business Card |
|---|---|---|
| 1 | Issue of New Card | Rs. 200/- + service tax |
| a. | Card Issuance Charges waived accounts |
|
| 2 | Renewal of Cards | No charge |
| 3 | Annual fee (from 2nd year onwards) | Rs. 200/- + service tax |
| a | Annual fee waived accounts |
|
| 4 | Reissue of Lost/Stolen/Damaged Card | Rs. 200/- + service Tax |
| 5 | Reissue of PIN | Rs. 50/- + Service Tax |
Charges for Merchant / Internet Transactions
| Type of Transaction | Charges per Transaction (&) |
|---|---|
| For usage at Merchant Establishments / POS Terminals (Card Present Txn) | No Charges |
| For usage at Petrol Pumps | Surcharge of 2.5% of transaction amount or Rs.10/- (whichever is higher) plus Service Tax |
| For usage at IRCTC and other selective e-Commerce sites (Card not present Txn) | Applicable surcharge plus service Tax |
(&) – These charges are collected at actuals and subject to change from time to time.
Charges for Transactions at TMB Surabhi ATMs
NIL
Charges for Transactions at Other Bank (NFS) ATMs
| Type of Transaction | Charges per Transaction at NFS / VISA / Master Network ATMs |
|---|---|
| Financial Transaction | Rs.19/- |
| Non Financial Transaction | Rs.7/- |
