State Bank of India Yuva Card

Can you please provide detailed information about the Yuva Savings Bank Account of State Bank of India ? Provide the Terms & Conditions .

[Kiran Chandar]

State Bank of India provides Yuva Savings Bank Account facility .

It is a special Savings Bank product for the youths.

Eligibility—

Applicants must be above 18 years of age and upto 30 years of age, at the time of entry.

Facilities --

ATM- cum-Debit card facility.

Yuva Card (Visa), which have many concessionary facilities, will be issued free of cost.

Remittance/ collection

Free collection of one cheque, with a ceiling of Rs. 20,000/- per month.

One draft / Bankers Cheque issued free, per calendar month, favouring Educational Institutions or for applying jobs.

Terms & Conditions—

50 Multicity cheque leaves free in first instance and then Rs. 2/- is charged for each subsequent for Savings Bank account having QAB as on previous quarter end Rs. 25000/- and above.

20 Multicity cheque leaves free in the first instance and then Rs. 3/- is charged for each subsequent for Savings Bank account having QAB as on previous quarter end Rs. 25000/- and below .

Emergency Cheque request (10 leaves set): Rs 3/- per leaf.

I would like to know some of the main features of the State bank of India’s Yuva Debit Card as I plant to open an account & apply for it?

[Raman Vij]

he main features of the State bank of India’s Yuva Debit Card are as given below:

State Bank Yuva International Debit Card

Card Class
Standard

Card Type
Youth

Issuer
State Bank of India

Offered Type
Rewards

Main Features of the SBI Yuva Card are:

Shopping available at over 5 lakh merchant outlets in India.
50% Concessions on loan application and demat account opening charges with SBI
Rebate of 0.25% on education loans, housing loans and vehicle loans with SBI
Can be used for booking movie tickets, bill payments, travel and other online purchases and payments over the internet using secureMaster Secure Code/Verified by Visa
Can be used for withdrawing cash from State Bank Group ATMs or other ATMs in India.

Card Rates:

Purchases:
Intro Interest Rate
0% per month
Introductory Period
0 month
Interest Rate
0% per month
Balance Transfers:
Intro Interest Rate
0% per month
Introductory Period
0 month
Interest Rate
0% per month

Cash Withdrawal Limit Base Bank ATM
Rs. 40000 when in India and US$ 1000 when traveling abroad.

Hii Buddy , I want to Get Yuva Card of State Bank of India , For it Will you please Provide me Eligibility , Fee Charges and Benefits of this Card ?

[Shaleen]

SBI Yuva Card is an International Debit Card on VISA Platform, exclusively designed for vibrant youth of India between 18-30 years of Age.

The Card Can be Used at ATMs for Cash Withdrawal at all ATMs Under Bilateral Arrangement.

It can be used for Dining, Shopping and Traveling at POS/MEs.

This Card is available in all Branches Free of cost with new Account

Benefits:

Rewards Points: Freedom Rewardz State Bank Debit Card Loyalty Program
Complimentary Insurance scheme for the cardholder
SMS Alert for Better Tracking

Insurance:

Other Accident Rs. 200000
Purchase Protection Rs. 5000
Hospitalization Benefits No

Main Features

For shopping at over 5 lakh merchant outlets in India

50% Concessions on loan application and Demat Account Opening Charges

Rebate of 0.25% on Education Loans, Housing Loans and Vehicle Loans

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


Eligibility Criteria :

All Saving Bank and Current Account holders having account at CBS branches, in the age group of 18-30 years and holding account either in their sole name or jointly with their parents/ spouse with mode of operation " Either or Survivor"/ Anyone or Survivor will be eligible to apply for this card.

Salaried:
Annual Income Rs
Age Min.: Yrs. Max.: Yrs.
Documents Required If Income > Rs.1,20,000 pa
Latest IT return OR
Latest Form 16 OR
Latest salary slip
If Income < Rs.1,20,000 pa
Latest IT return OR
Latest Form 16 OR
Latest salary slip AND Copy of bank statement/Updated passbook, showing transactions for the last 6 months

Fees & charges

Cash Withdrawal Limit Base Bank ATM Rs. 40000 when in India, US$ 1000 when traveling abroad