Debit Card State Bank of India

Can you tell me in details about the use of the Classic Debit Card offered by State Bank of India? Also tell me about the Daily Cash Withdrawal & Transaction Limit in State Bank of India?

[Kiran Chandar]

With State Bank Classic Debit Card one gets access to one’s account whenever and wherever one want. One can use it to purchase goods at merchant establishments, for making payment online and withdraw cash in India.

Use of State Bank Classic Debit Card:

• For shopping at over 5 lakh merchant outlets in India.

• For booking movie tickets, bill payments, travel and other online purchases and payments over the internet using secure Master Secure Code/Verified by Visa.

• For withdrawing cash from State Bank Group ATMs or other ATMs in India.

State Bank Debit Card Loyalty Program: FreedomRewardz

State Bank Classic Debit Card earns 1 FreedomRewardz point (Reward point) for every Rs. 200/- one shop, dine out, fill fuel, book travel or spend online.

Earn Bonus points on the first three purchase transactions using State Bank Classic Debit Card as under:

• 50 Bonus FreedomRewardz points on first purchase transaction within completion of one calendar month of issuance.

• 50 additional Bonus FreedomRewardz points on first purchase transaction within completion of one calendar month of issuance.

• 100 Bonus FreedomRewardz points on third purchase transaction within completion of one calendar month of issuance.

Continue using State Bank Classic Debit Card for at least 3 purchase transactions in a quarter and double points earned for the quarter.

Daily Cash Withdrawal & Transaction Limit

State Bank Classic Debit Card Domestic

Daily Cash Limit at ATMs Minimum Rs. 100/-
Maximum Rs. 40,000/-
Daily Point of Sales/e-Commerce Limit Minimum No such limit
Maximum Rs. 50,000/-

Issuance and Annual Maintenance Charges

Particulars Charges

Issuance Charges Nil
Annual Maintenance Charges Rs. 100/- plus service tax per annum from the second year of issuance

Card Replacement Charges Rs. 204/- (including service tax)