State Bank Smart Payout Card is a prepaid Card issued in Indian Rupees in association with VISA. It is an ideal product for making periodical payments like salary, wages, commission, etc and also can be issued as an add-on Card for the existing account holders.
State Bank Smart Payout Card can be used for cash withdrawal at ATMs, for purchase transactions at merchant establishments and for e-Commerce transactions i.e., for online payment.
State Bank Smart Payout Card is available at all State Bank of India Branches.
Rs.10+S.T. (Nil if loaded/ reloaded through (CINB)
No charges by SBI. However, some MEs may impose a surcharge viz Petrol Pumps,railways etc., which would be recovered.
Charges Rs. 20.00 per withdrawal.
Charges Rs. 9.00 for balance enquiry.
The entire balance will be forfeited and Gift Card will be closed
Annual maintenance fee of Rs 100/- per year will be charged and balnce will be refunded to the purchaser on application