Canara Bank Debit Card Withdrawal Limit Revised for Cash, E-commerce, Online & PoS transactions. The daily ATM Card withdrawal limit has been increased to Rs 1,00,000 in case of Platinum and Select Debit Card holders, where as hiked to Rs 75,000 for Classic ATM card. The Withdrawal limit is kept Rs 5,000 per transaction with daily maximum limit of Rs 25000 for Contactless or NFC transactions which doesn’t require any PIN for validation.
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ATM Card Type | Transactions Type | Revised Daily Limit |
Classic 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. |
Bank has also announced that as per RBI guidelines the new ATM card issued to the customers of the bank are by default 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.
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Customers can enable and activate the International transactions and set limits on the card for ATM/POS/ E-Commerce, domestic/international, NFC-contactless through ATM/Branch/Mobile Banking/Internet Banking/IVRS. Customers can also enable or disable any transactions for Domestic channel also.
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