eZ-Pay Card  

The SBI eZ-Pay card, a prepaid plastic card issued in Indian Rupees in association with VISA international, is an ideal product for making periodical payments. Payment of salaries to employees, who are required to work at different locations, is generally a difficult proposition for Employers as a single Banking arrangement can not be made for all employees. Cards can be loaded from a single point and the funds are available to the employees immediately. It is suitable for

i. disbursement of wages to blue collar workers,
ii. bonus to employees/ reimbursement of expenses to staff,
iii. periodical payment of incentives to agents/ commission to distributors

One need not be an SBI account holder for purchasing SBI eZ-Pay Card. Any person, in individual capacity also, can obtain eZ-Pay card.

The SBI eZ-Pay card is usable at all State Bank ATMs through PIN and at Merchant establishments/ Point of Sale through PIN/ Signature, in India, Nepal & Bhutan. The cardholder need not visit any Branch to withdraw his money. Balance enquiry can be made free of charge either through State Bank ATMs or through Internet.

Currency of Issue

Indian Rupees

Documentation

The customer/individual/corporate needs to provide the following documents for purchasing SBI eZ-Pay Card:

• Application
• Proof of Identity such as passport, voter ID card, PAN Card etc.
• Proof of Residence such as Pass port, Driving license, Ration Card, etc.

Personalised Cards

The cards are issued as perSonalized cards only.

Product Features

•  Amount of load: Rs.500 -50,000 - in multiples of Rs.100

•  Cash withdrawal limit from State Bank ATMs : Rs.100 . Rs.40,000 per day

•  PoS Transaction limit : Rs. 50,000 per day

•  Reloading facility available

•  Online top-up facility available through Corporate Internet Banking

•  Free online access to statement of account through Internet

Card Validity