The SBI eZ-Pay card, a prepaid card issued in Indian Rupees in association with VISA international, is an ideal product for making periodical payments like Salary, Wages, Commission, Scholarship, Old age pension, other Social benefits etc. Payment of salaries to employees, who are located at different places, is generally a difficult proposition for employers as a single banking arrangement cannot be made for all employees. Cards can be loaded from a single point and the funds are available to the employees immediately.
Rs. 10+ST.(Nil if reloaded through CINB)
Charges Rs. 20.00 per withdrawal.
Charges Rs. 9.00 for balance enquiry.
No charges by SBI. However, some MEs may impose a surcharge viz Petrol Pumps,railways etc., which would be recovered
The entire balance will be forfeited and eZ Pay Card will be closed
Annual maintenance fee of Rs 100/- per year will be charged and balnce will be refunded on application