Insurance coverage on debit card usage
Lost card liability:
The IDFC Bank Debit Cardholder has no liability upto a limit of Rs. 2.5 lacs for unauthorised transactions on Debit Cards as well as Internet Banking on receipt of notification from the card holder.
Personal Accident Insurance:
The IDFC Bank Debit Card comes with free insurance (death or permanent disability) of Rs. 25 Lacs.
The card also carries purchase protection for fire/theft/burglary upto 90 days from the date of purchase upto Rs. 1,00,000/- for transactions carried out at merchant outlets/online using the card.