What is the monthly transaction limits? And after that what is the charges
Hey Supratim! Welcome to the Niyo Community! Please note the limits for NiyoX accounts are as follows:
For a Minimum KYC Account (Biometric pending):
âș You can transfer upto âč2000 per day within the first 72 hours of your account opening(with a maximum transaction count of 5 per day).
âș You can transfer upto âč5000 per day after the first 72 hours of your account opening(with a maximum transaction count of 10 per day).
âș The monthly outward fund transfer limit is a maximum of Rs.20,000 for biometric pending accounts.
âș Cooling period for any new beneficiary is 30 Minutes
âș Quick Transfer, without adding beneficiary, is not applicable for minimum KYC customers
For a Full KYC Account (Biometric done):
âș The cooling period for any new beneficiary is 30 Minutes
âș Post the cooling period of 30 minutes, for the first 24 hrs the transfer limit is âč30,000/- for a new beneficiary
âș Quick Transfer limit is âč20,000/- per day at an account level
âș Maximum NEFT limit â âč2,00,000 per transaction.
âș Minimum of âč2,00,000 & Maximum RTGS limit â âč10,00,000 per transaction.
The Platinum Debit Card comes at an annual fee of âč150 + GST. The current promotional offer is live till 31st March 2022 and waives your 1st yearâs annual fee. Currently, there is no charge for an online transfer. For ATM withdrawals, below are the charges youâll incur:
ATM withdrawals at metro locations (other Bank ATMs): 3 FREE per month
ATM withdrawals at non-metro locations (other Bank ATMs): 5 FREE per month
Charges beyond free limits of ATM withdrawals: âč21 + taxes per transaction
Cash withdrawal outside India: âč110 + taxes from 1st International ATM transaction
Balance Enquiry outside India: âč25 + taxes from 1st International balance inquiry.
Hope this answers all your queries. Cheers! LK
2 Likes
Thanks for that information. Actually i want to know transaction limits mean per month how much money i can accept? 1.5laksh or 2laksh or more than that?
Absolutely! The inward limit before completing the KYC are as follows:
Maximum amount you can keep at a time: âč1,00,000/-
Total funds you can load for the year: âč2,00,000/-
After completing the Biometric verification, there is no such limit on the amount that you can load in your account. LK
3 Likes
Thank you for the informationđ
As I can see in Reply and in the website card is free for 1 year only but Equitas Bank person told me that itâs for 2 yearâs and you are going to charged from April 2023.
Is thatâs true.
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Hey @Sidhant, the current promotional offer which is live till 30th June 2021, waives only your 1st yearâs annual fee for the card. SR.
One more thing. How to track my atm card? Request you any information about this
Hey @Supratim_Mondal , you can track your card delivery status on your NiyoX mobile app. Additionally, you will be receiving the AWB number/Order tracking ID along with Courier Partner name via SMS from Equitas Small Finance Bank. You can track your card with the AWB number/Order tracking ID by following the below steps:
- Go to specified Courier Partner website
- Paste in your AWB number/Order tracking ID
- Click the button to track
- View your card status!
If you have any additional questions, you can call the Courier Partner helpline by choosing âCall Usâ on their website.
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In app itâs showing card is on way. But i didnât receive any such sms like your card dispatched or any courier tracking against equitas bank atm card. I daily received mini statement sms. But after kyc i didnât receive any such sms
Hey @Supratim_Mondal Usually, it takes up to 15 business days for card delivery based on your location once youâre done with your Biometric KYC. You will be notified about every milestone, from pickup to card delivery, via text messages to your registered mobile number. Please note that these are estimated delivery timelines. ES
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