State Bank of Hyderabad Empanelment

Can you provide me the details of the Policy Document for empanelment of Vendors/ Merchants/ Billers offered by State Bank of Hyderabad, now State Bank of India?

[pawan]

The following guidelines have been approved by the Board of State Bank of India for empanelment of aggregator / merchants for e-Commerce & m-Commerce transactions.

The Banks liability regarding delivery of the product and/or quality thereof is nil (which will be made clear in the disclaimer).

E-Commerce / m-Commerce facility is made available to firms only if authorize the Bank to debit the collection account and credit the customer account in respect of unresolved claims of the customers.

The guidelines / policies are grouped under the following heads:-

(i) Business criteria applicable for selection: Several businesses related parameters have been prescribed.

(ii) Commercial criteria for such accreditation: Commercial parameters signifying stipulations

(iii) Technology parameters for the tie-up: Technology parameters to ensure and safeguard the interests of all stakeholde

The Entity desiring to enter into an arrangement with the Bank would need to submit their proposal to the Bank