Insurance coverage on debit card usage
Lost card liability
The IDFC Bank Debit Cardholder liability is zero upto a limit of Rs. 2.5 lacs for unauthorised transactions on Debit Cards as well as Net Banking on receipt of notification from the card holder.
Personal Accident Insurance:
The IDFC Bank Debit Card shall be provided with free insurance (death or permanent disability) of Rs. 25 Lacs.
The card also carries a purchase protection for burglary/theft / damage upto 90 days from the date of purchase upto Rs. 1,00,000/- for transactions carried out at merchant outlets.