SBI Smart Payout Card | Features & Benefits

SBI Smart Payout Card: Get Details on New launched Smart Payout Card of State Bank of India.  The limit per transaction is Rs 10,000 and Rs 25,000 per month.

It is a prepaid card it can be issued to someone who does not have a regular bank account, provided there is valid photo proof, ID proof and introduction by a KYC complaint person. Only one card per person will be issued. But against a fully KYC complaint account, a maximum of three cards can be issued.

Charges:

The card issuance charge is Rs 102. The reloading charge is Rs 10 and nil if it is loaded or reloaded through corporate internet banking,

Main Features of Smart Payout Prepaid Card:

1. The minimum amount that can be loaded on the card is Rs 100 and the maximum is Rs 10,000. It can be reloaded up to a limit of Rs 10,000, with a monthly ceiling of Rs 25,000. The limit per transaction is Rs 10,000 and Rs 25,000 per month, said a press release issued by the bank.
2. Available across all branches of SBI.
3. used for cash withdrawal at any ATM of SBI and its associate banks and other ATM’s for a FREE.
4. Used as a ADD on Card