Update Canara Bank increases Daily Limits for POS and E-commerce Transactions on Prepaid Plus Cards

Currently, Canara Bank is issuing three variants of Domestic Prepaid cards to Customers under different variants with defined limits as mentioned below:

1. Canara Prepaid Gift Card
2. Canara Prepaid Classic Card
3. Canara Prepaid Plus Card

Canara Prepaid Plus Card is a Full-KYC PPI and reloadable in nature up to maximum limit of ₹2,00,000. As per RBI guidelines for enhanced security on card transactions, cards issued are enabled for Domestic usage by default at ATMs & POS only. Domestic Prepaid cardholders can enable or disable their card limit for different channel (ATM/ POS/ E-Commerce) through branches within the maximum available limit.