The IPPB RuPay Virtual Debit Card (VDC) is a secure digital payment solution that India Post Payments Bank (IPPB) offers. It allows seamless online transactions without a physical card and is designed for domestic e-commerce purchases, bill payments, and other digital transactions within India.
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Generate wealthEarn 1 Cr# in maturity with Zero LTCG tax¶
Double tax savings^On premiums (under 80C) and on maturity (under
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The IPPB RuPay Virtual Debit Card is designed specifically for domestic online payments. Tokenised for added security, it allows safe e-commerce purchases, bill payments, and other digital transactions within India. In line with the Government of India’s digital payments mission, India Post Payments Bank (IPPB) offers the RuPay Virtual Debit Card, encouraging customers and merchants to embrace digital payment methods. This virtual Post Office ATM card provides a convenient and secure alternative to traditional physical debit cards.
Key Features of IPPB RuPay Virtual Debit Card
Here are the key features of the IPPB RuPay Virtual Debit Card for digital transactions:
Seamless Card Management: The card can be generated, blocked, or unblocked directly from the IPPB Mobile Banking App.
Customisable Limits: Users can set daily transaction limits for enhanced control.
Attractive Offers: Customers may occasionally benefit from periodic RuPay or merchant-linked offers, such as cashback on utility bill payments, e-commerce deals, or instant discounts, as promoted through IPPB and partner campaigns.
Wide Acceptance: The card is accepted on all RuPay-enabled e-commerce websites and merchant platforms, facilitating a broad range of online transactions.
Enhanced Security with Tokenisation: The card employs tokenisation technology, replacing sensitive card details with unique identifiers, thereby reducing the risk of fraud.
No Physical Card Required: As a virtual card, it eliminates the need for carrying a physical card, reducing the risk of loss or theft.
Eligibility for IPPB ATM Card & Virtual Debit Card
To be eligible for an IPPB debit card, India Post Payment Bank ATM card, or the RuPay Virtual Debit Card, applicants must meet the following criteria:
Active Account Requirement: Applicants must hold a fully operational IPPB savings account to be eligible for the virtual debit card.
Mobile Banking Access: Customers should have access to the IPPB Mobile Banking App to generate and manage their cards efficiently.
KYC Compliance: Completing all mandatory Know Your Customer (KYC) formalities is required.
Age Restriction: Virtual debit cards are not issued to minors below 10 years of age.
How to Access, Download, and Manage Your IPPB ATM Card Online?
Managing your IPPB debit card, India Post Payment Bank ATM card, or RuPay Virtual Debit Card is convenient through the IPPB Mobile Banking App. You can generate, download, and monitor your card digitally, set daily transaction limits, and quickly block or unblock the card, all without visiting a branch.
Follow these steps to easily download, access, and use your IPPB RuPay Virtual Debit Card for secure and convenient digital transactions:
Download the App: Install the IPPB Mobile Banking App on Android and iOS platforms.
Log In: Use your credentials to access your account within the app.
Navigate to 'Cards': Locate the option to generate a new virtual debit card.
Online Transactions: Use your virtual debit card details to make payments on RuPay-enabled e-commerce websites.
Bill Payments: Pay utility bills and other services directly through the app.
Manage Card Settings: Set daily transaction limits, block or unblock the card, and view transaction history for better control.
Charges for Issuing IPPB RuPay Virtual Debit Card
The table below provides a quick overview of the key limits, charges of the IPPB RuPay Virtual Debit Card (RuPay Classic):
Card Variant
RuPay Classic
Daily Purchase Limit (E-commerce)
Minimum: ₹ 1 Maximum (per card): ₹ 1,00,000
Issuance Charges
₹ 25 (inclusive of GST/ CESS)
Transaction Charges (E-commerce)
NIL
Reissuance Charges
₹ 25 (inclusive of GST/ CESS)
Annual Maintenance Charges
₹ 25 (inclusive of GST/ CESS)
Blocking/Unblocking Charges
NIL
Note:E-commerce transactions will be enabled 24 hours after virtual debit card activation, with a default limit of ₹ 50,000, adjustable up to ₹ 1,00,000 via the IPPB Mobile Banking App.
Card Tokenisation with IPPB RuPay Virtual Debit Card
The Reserve Bank of India (RBI) mandates that payment aggregators, wallets, and online merchants cannot store full card details. To comply, the IPPB RuPay Virtual Debit Card uses tokenisation, replacing actual card information with a unique token. The cardholder can manage this token, ensuring enhanced security while allowing a seamless transaction experience with participating merchants.
Tokenisation occurs at the e-commerce merchant website or mobile application, with customer consent obtained along with OTP authentication before the card is tokenised. From 1 October 2022, customers can enter full card details for each transaction or opt for tokenisation, making online payments safer without affecting convenience.
Key Takeaways
The IPPB RuPay Virtual Debit Card offers a fully digital, secure, and convenient payment solution for online transactions, e-commerce, and bill payments. It is separate from India Post Savings Bank (POSB) ATM card services, distinct from IPPB products. Minimal issuance, reissuance, and maintenance charges, with no transaction or blocking/unblocking fees, make the IPPB RuPay Virtual Debit Card a cost-effective and secure option for digital payments.
FAQs
Does IPPB provide a virtual debit card?
India Post Payments Bank (IPPB) offers the RuPay Virtual Debit Card, which can be generated and managed digitally via the IPPB Mobile Banking App.
Can I use a virtual debit card in an ATM?
No, the IPPB RuPay Virtual Debit Card is only designed for online transactions and bill payments. It cannot be used for cash withdrawals at ATMs.
Can I use an IPPB QR card at an ATM?
No, IPPB QR cards are meant for merchant and digital payments via scanning. They cannot be used for ATM withdrawals.
Is IPPB safe?
Yes, IPPB is 100% owned by the Government of India under the Department of Posts. It follows strict security measures, including tokenisation and encryption, to ensure safe and secure transactions.
Can I use a virtual debit card for UPI?
No, the IPPB RuPay Virtual Debit Card cannot be directly used for UPI transactions. UPI payments require linking your IPPB bank account through a UPI-enabled app.
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Disclaimer: #The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds.
Past 10 Years' annualised returns as on 01-10-2025
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
*All savings are provided by the insurer as per the IRDAI approved insurance plan.
Tax benefit is subject to changes in tax laws. Standard T&C Apply
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^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
**Returns are based on past 10 years’ fund performance data (Fund Data Source: Value Research).
Generate wealth Earn 1 Cr# in maturity with Zero LTCG tax¶
Double tax savings^ On premiums (under 80C) and on maturity (under 10(10D))
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