SBI Green Remit Card : State Bank of India

Name of the Organization : State Bank of India (sbi.co.in)
Type of Facility : SBI Green Remit Card
Location : Mumbai

Website : https://www.sbi.co.in/

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SBI Green Remit Card :
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)

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).

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.

Deposit Limit :
** Deposit can be made by way of cash only.
** Transaction limit is Rs. 5,000/- per transaction subject to a monthly cap of Rs. 25,000/- per remitter.

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
Transaction Charges in CDM Free

Cards Issuance :
Branch will issue pre-printed SBI Green Remit Card instantaneously to the remitter.

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.

For More Details, Click Here : https://www.sbi.co.in/user.htm?actio…&id=0,1,21,703