State Bank of India Green Card

Hi I would like to have the brief about the 'SBI Green Remit Card' as well as the salient features of the Card issued by State Bank of India?

[sumit]

SBI has presented another card named 'SBI Green Remit Card' hich exchanges cash from our record to another record utilizing this card with no printed material. In the scene we typically rounded out a SB or current record structure to store cash in our or others account.

Notable Features of SBI Green Remit Card

1. Sort and Nature of Card

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

The item is focused to encourage Non-Home Cash Deposit Transactions to be steered through Green Channel Counter (GCC)/Cash Deposit Machine (CDM)

2. Qualification

All clients (remitters), especially non-account holders, who need to transmit cash to a SBI ledger at customary interims

Client may visit any GCC branch or CDM branch and submit basic Application Form alongside one ID confirmation report

Card would be mapped to the specific recipient account (Has to be a SBI account).

3. Nature of utilization

Card can be utilized for store of Cash (INR) to the assigned recipient's SBI account.

Card is acknowledged at all Green Channel Counter Branches and Cash Deposit Machines.

4. Store Limit

Store can be made by method for money as it were.

Exchange breaking point is Rs.25,000/ - per exchange subject to a month to month top of Rs.1,00,000/ -

5. Administration Charges

Issue of Card

Rs.20/ - (w.e.f. 15 th July 2013)

Exchange Charges in GCC

As relevant to normal non-home money store exchanges at branch

Exchange Charges in CDM

6. Cards Issuance

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

7. Exchanges through GRC

Remitter can visit any GCC branch or CDM to store money to the foreordained SBI account

At the point when card is swiped, account particulars are appeared on the screen for affirmation.

Client is provoked to enter sum and after money is gathered and confirmed, affirmation is created.

Remitter and Beneficiary will get SMS instantly on fruitful culmination of the exchange.

Recipient SBI record will be redesigned with the exchange sum alongside Card number.