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How can I apply for a RuPay card?

Asked on 21-08-2018 by Anonymous

Answered by NewsBytes

To apply for a RuPay card, visit its website, and enter your basic personal details in the application form. Choose the type of card you want and the bank in which you have your saving account. Finally, submit your form.

My father is a farmer. Which one of the RuPay cards is better for him to carry out the farming activities?

Asked on 21-08-2018 by Anonymous

Answered by NewsBytes

A farmer can use RuPay Kisan card to take credit for both farming and non-farming activities. The benefits of Kisan card are (1)Credit requirements can be met by this card, (2)There is no entry fee for the farmers, (3)The farmers don't have to personally visit the card issuing bank to operate their account, (4)Interest rate is low, and(5)Repayment duration is high.

What are the uses of RuPay Mudra Debit card?

Asked on 21-08-2018 by Anonymous

Answered by NewsBytes

The RuPay Mudra Debit Card is meant for the beneficiaries of MUDRA Loans under the government's Pradhan Mantri Mudra Yojna. It is issued against the MUDRA loan account. The MUDRA cardholders can use it for multiple withdrawal and credit, so as to manage the working capital limit in a most efficient manner and to keep the interest burden minimum.

Can I use Rupay card at the domestic airport?

Asked on 21-08-2018 by Anonymous

Answered by NewsBytes

Yes, you can use RuPay Card at the Domestic Airports. It can be used at Domestic Airport Lounges. The type of RuPAY card you will use to access the lounge is the Platinum Card.

Why should we use Rupay card?

Asked on 21-08-2018 by Anonymous

Answered by NewsBytes

We should use the RuPay card because (1) It was launched in India to break the monopoly of international card network i.e. MasterCard and Visa, (2)It comes with a lower transaction cost, (3)The transactions information remains in India, (4) It is accepted at 1 .45L ATMs, over 8.75L POS terminals, and 10,000+ e-commerce websites, (5)It provides accidental insurance coverage up to Rs. 1 lakh.

What are the advantages of RuPay over visa?

Asked on 21-08-2018 by Anonymous

Answered by NewsBytes

The advantages of using RuPay cards are (1)It is cheaper compared to Visa and MasterCard as it has low cost of transactions, (2)All the information regarding the transactions remains within India only, (3)People in rural areas can also apply for this, and (4)RuPay cardholders get accidental insurance coverage up to Rs.1 Lakh without any extra cost.

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