SBI GREEN REMIT CARD AND ITS FEATURES

GREEN REMIT CARD

SBI green card is non pin preprinted magnetic striped card for branch cash transaction in green channel. This card enable customer withdrawal or deposit of money in green channel. It is more convenient way because there is no paperwork for remitters .

SALIENT FEATURES OF THE CARD  SBI Green Remit Card

1.Type and Nature of Card

• SBI Green Remit Card is a simple Magstripe based card without PIN.
• The product is targeted to facilitate Non-Home Cash Deposit Transactions to be routed through Green Channel Counter (GCC)/ Cash Deposit Machine (CDM)

2. Eligibility

•     All customers (remitters), particularly non-account holders, who want to remit money to a SBI bank account at regular intervals
•     Customer 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).

3.Nature of use

• Card can be used for deposit of Cash (INR) to the designated beneficiary's SBI account.
•     Card is accepted at all Green Channel Counter Branches and Cash Deposit Machines.

4.Deposit Limit

•     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/-

5.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.

6. Cards Issuance

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

7. Transactions through GRC

•     Remitter 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.
•     Customer is prompted to enter amount and after cash is collected and verified, acknowledgement is generated.
•     Remitter and Beneficiary will get SMS immediately on successful completion of the transaction.
•     Beneficiary SBI account will be updated with the transaction amount along with Card number.

loading...

SBI ATM PIN Generation Through ATM and SMS