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  #2  
19th March 2020, 05:40 PM
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Re: Green Card in State Bank of India

Can you provide me details of the features of the Green Remit Card offered by SBI (State Bank of India)? Also tell me about the eligibility requirements to apply for it?
  #3  
19th March 2020, 05:41 PM
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Join Date: Aug 2012
Re: Green Card in State Bank of India

The details of the Green Remit Card offered by SBI (State Bank of India) are as follows:


Features

SBI Green Remit Card is a simple Magstripe based card without PIN.

It is targeted to facilitate Non-Home Cash Deposit Transactions to be routed through Green Channel Counter (GCC)/ Cash Deposit Machine (CDM)

It can be used for deposit of Cash (INR) to the designated beneficiary's SBI account.

It is accepted at all Green Channel Counter Branches and Cash Deposit Machines.
Deposit can be made by way of cash only.

Transaction limit is Rs.25, 000/- per transaction subject to a monthly cap of Rs.1, 00,000/-

Branch will issue pre-printed SBI Green Remit Card instantaneously to the remitter


Eligibility

One (remitter), particularly non-account holder, who want to remit money to a SBI bank account at regular intervals

One may visit any GCC branch or CDM branch and submit simple Application Form along with one ID proof document

Card would be mapped to the particular beneficiary account (Has to be an SBI account).


Service Charges

Issue of Card: Rs.20/- (w.e.f. 15 th July 2013)

Transaction Charges in GCC: As applicable to regular non-home cash deposit transactions at branch

Transaction Charges in CDM: As applicable to regular non-home cash deposit transactions at branch


Transactions through GRC

One can visit any GCC branch or CDM to deposit cash to the predetermined SBI account

When card is swiped, account particulars are shown on the screen for confirmation.

One is prompted to enter amount and after cash is collected and verified, acknowledgement is generated.

One will get SMS immediately on successful completion of the transaction.

One’s SBI account will be updated with the transaction amount along with Card number.


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