The National Payments Corporation of India (NPCI) on February 25, 2025, issued the notification regarding the Rupay Debit Platinum Card Program.
It is stated that the RuPay Platinum Debit Cards come with various in-built features & offers. With the support of partner banks, RuPay has gained substantial volumes in recent years & therefore, we are delighted to offer the below features & benefits provided on RuPay Platinum Debit Cards with effect from April 01, 2025.
• The Domestic Airport lounge program for RuPay Platinum Debit Card provides access to cardholders one (1) time per calendar year" per card in any of the participating Domestic Airport lounges". The international lounge program provides access to cardholders one (1) time per calendar year" in any of the participating International Airport lounges.
• Personal Accident Insurance cover (Accidental Death or Permanent Total Disability) of upto Rs. 2,00,000.
• Cardholder needs to perform minimum one successful RuPay Card induced financial transaction at any POS/E-com, Intra or Inter-bank i.e. on-us or off us within 30 days prior to date of accident including accident date of RuPay Cardholder.
• The utilization limits of all the features would be calculated basis:
o 100% of the card base at the end of the previous period; and
o 50% of the cards issued in the current period
• Banks will be charged a fee of INR 25 per card per annum. The same will be collected quarter-wise from the banks based on the number of RuPay Platinum Debit cards reported by the banks in the MCPR.
An illustration of feature Utilization Capping has been provided in Annexure A.
[Circular No. NPCI/2024-25/RuPay/029]
