Axis Bank MasterCard Business Debit Card - Complete Info
Axis Bank MasterCard Business Debit Card will help you manage your business more efficiently and also will make your purchases and business transactions more rewarding
This debit card comes with advantages like enhanced transaction limits, insurance benefits and affordable fees & charges that will greatly simplify the business transaction processes.
Features and Benefits of Axis Bank MasterCard Business Debit Card
The following benefits that come with the MasterCard Business Debit Card will delight business owners.
- Higher Transaction Limits
- Cardholders enjoy an enhanced purchase limit of Rs.40,000 and cash withdrawal limit of Rs.40,000 per day.
- This will ensure that you never face the problem of transaction limits when it comes to making business transactions.
- Enhanced Insurance Protection
- The Axis Bank MasterCard Business Debit Card comes with an array of insurance benefits that will protect the cardholder against various risks. What more - the insurance benefits come at no extra cost.
- Personal Accident Insurance
- In case of unfortunate event of cardholder’s death in an accident, the beneficiaries will get up to Rs.2 lakh as accident benefit.
- Zero Lost Card Liability
- All MasterCard Business Debit Cardholders will be insured against fraudulent use of card in case the debit card is lost, stolen or misplaced.
- Purchase Protection Benefit
- All consumer goods purchase using the MasterCard Business Debit Card will be offered purchase protection against risks like fire, housebreaking and natural calamity for up to 90 days from the date of purchase.
Other Axis Bank Debit Cards
- Burgundy World Debit Card
- Wealth Debit Card
- Priority Platinum Debit Card
- Youth Debit Card
- Ladies First Debit Card
- Power Salute Debit Card
- NRI Domestic Titanium Debit Card
- Titanium Rewards Debit Card
- MyDesign - Image Debit Card
- Titanium Prime Debit Card
- Titanium Prime Plus Debit Card
- Visa Classic Debit Card
- Business Platinum Debit Card
- Business Titanium Rewards Debit Card
- Smart Privilege Debit Card
Axis Bank MasterCard Business Debit Card Offers
Cardholders get to earn cashbacks and amazing discounts when they use the MasterCard Business Debit Card on select e-commerce portals and online travel portals. Do enquire with Axis Bank on offers that you are eligible for.
Fees and Charges for Axis Bank MasterCard Business Debit Card
Annual debit card charges | Rs.150 |
Issuance Charges | Rs.150 |
Card Replacement Charges | Rs.150 |
Generation of duplicate PIN | Rs.50 |
Domestic balance enquiry at Axis Bank ATMs | Free |
Domestic balance enquiry at other Bank ATMs | Rs.8.5 per transaction |
Domestic cash withdrawal at Axis Bank ATMs | Free |
Domestic cash withdrawal at other Bank ATMs | Rs.20 per transaction |
International Balance Enquiry | Rs.25 per transaction |
International Cash Withdrawal | Rs.125 per transaction |
IRCTC | As prescribed by IRCTC |
Eligibility for Axis Bank Smart Privilege Debit Card
To get a Axis Bank Smart Privilege Debit Card, you must hold a business current account with Axis Bank.
Documentation for Axis Bank MasterCard Business Debit Card
Mandatory Documents
- Proof of Address - Electricity bill, telephone bill etc
- Proof of Identity - Voter ID, PAN card, driving licence, passport etc
For Partnership Firms
- Shop and Establishment Certificate
- Registration Certificate
- Partnership Deed
- Letter of approval from all partners to open and operate the current account.
For Trusts
- Copy of registration certificate and trust deed
- List of all trustees with residential address. Also, approval letter must be obtained from all trustees for opening and operating current account
- Bye-laws of the trust
For Proprietorship Concerns
- Letter of HUF duly signed by co-parceners and Karta
- PAN, Form 60 or GIR
- Names of all karta with residential address and photographs
- Copy of letter of proprietorship
- Certificate from Statutory body, trade license, sales tax or state Government as applicable
For Public or Private Limited Companies
- Form 60, GIR No or PAN
- List of all directors with photographs and residential address
- Articles of association and memorandum
- certificate of commencement of business and incorporation
- Authorization from board for opening and operating of current account
To know more about the comprehensive list of documents required for the MasterCard Business Debit Card from Axis Bank, contact the bank in person.
FAQs on Axis Bank MasterCard Business Debit Card
- Do I incur any fuel surcharge when I use my MasterCard Business Debit Card for fuel transaction?
Yes, a fuel surcharge of 2.5% will be charged when you make a fuel transaction using the card.
- How many free transactions per month are allowed in other bank ATMs?
No free transactions are allowed in other bank ATMs. Cardholders will be levied a nominal charge when they use their cards for balance enquiry and cash withdrawal at other bank ATMs.
- What is the purchase protection and lost card liability cover offered?
Cardholders are eligible for a combined purchase protection and lost card liability of up to Rs.40,000.
- I accidentally misplaced my card. How do I activate the zero lost card liability feature?
You will have to communicate the loss of debit card by calling Axis Bank customer service after which you will be automatically insured against fraudulent transactions.
- I met with an accident a week ago. Will I able to get personal accident insurance benefits?
Yes, you will have to file a report to Axis Bank within 60 days of accident.
Disclaimer
Credit Card:
Credit Score:
Personal Loan:
Home Loan:
Fixed Deposit:
Copyright © 2025 BankBazaar.com.