The Visa card a card issued in indian Rupees in associative with VISA international,is an idea product for making periodical payments like salary,wages,,commision,shcolorship,old age pension,other social benefits etc. Payment of salaries to employees,who are located at diffirent places,is generally difficult proposition for employers as a single banking arragementcannot be made for all employees.Cards can be loaded from a single point and the funds are available to the employees immediately .State Bank prepaid Card is an ideal product for payment of: Government disbursements like Shcolorship,social benefits like NREGA,Anganwadi staff salary ,old age pension etc.Wages/Bonus/insentive to employees.periodical payment of insentive to agent/commistion to distributor. Remittances recieve from abroad etc.One need not be an SBI account holder for purchasing State Bank prepaid Cash withdrawal/Balance enquiry can be made free of charge through State Bank Group ATMs.
'Visa card is useable at all ATMs through PIN and at Merchant establishments/Point of sale through Signature in India. The cardholder need not visit any branch to withdraw his money. 'Visa card are now enabled for Cash withdrawal,Balance enquiry at other Bank ATMs(will be charged as prescribed from time to time) Currently RS. 20-Per withdrawal Maximum amount issue'.Rs 1,00,000/-per-day(Maximum amount that can be loaded by paying Cash is limited to 30,00,000/-per month)
Proof Of identity such as passport ,voter ID card,PAN Card etc.
|Currency Of Issue||Indian Rupee Only|
|Re-Load||Visa Card is Reloadable|
|Minimum Amount Of Issue||Rs. 500 and thereafter in multiples of 1/-,however the balance in the Card should not exceed Rs. 1,00,000/- at any point of time.|
|Maximum Amount Of Issue||Rs. 1,00,000/-|
|Usage||Visa Card is usable at all ATMs through PIN , at VISA enabled Merchant Establishments at point of sale and over internet for e-commerce tansactions by using secure.|
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