Category Archives: SBI

SBI is blocking e-commerce transaction using debit card

Posted in SBI by
In order safe guard interest of customer SBI is going to block the e-commerce transaction from debit card.This will help customer to optimize online fraud by debit card

If you are getting SMS like “Your SBI Debit card ending with XXXX is deactivated only for Internet txn. To activate send SMS “SWON ECOM XXXX” to 9223966666 . No change for ATM /POS usage” then don’t panic you can still activate your eCommerce transaction by sending this SMS like this SWON ECOM

Pay using mVISA: NO Card Required at POS: SBI

Posted in Online Payment, SBI by

State Bank of India (SBI), the launch of mVisa, a mobile-based payment solution. This helps customers to make payments from their smartphones just by scanning the unique merchant QR (Quick Response) code, at merchant outlets.

mVisa is a card-less solution which facilitates payment by scanning the QR code displayed at the merchant outlet or from the merchants mobile. SBI customers (both Debit Card holders as well as Internet Banking customers, having transaction rights) You can do  easy payments to the merchants by simply scanning QR code image hence there is no  need to swipe the physical card at a point-of-sale (PoS) machine. Bank customer can simply download the latest version of SBI Anywhere application, from ‘Google Play Store’ and need to register for mVisa payments by simply clicking the mVisa icon on the home screen.

 SBI mVisa merchant app is also available in ‘Google Play Store’ and is used for receiving the payment notification, generation of static and dynamic QR codes, viewing transaction history etc. by the merchants. SBI mVisa merchants can accept payment from any mVisa customers. While in case of static QR code amount is filled by the mVisa customer himself, in case of dynamic QR code amount can be filled by merchants and can be authorized by the customer after scanning of QR code.

 Any Bank mVisa customer can transact on any mVisa merchants and likewise any mVisa merchant can accept payment from mVisa customers of any bank. It provides convenience of quick transaction, along with enhanced security,

The best part of this sericce is that  customers need not to  share their’s Card or Mobile with the merchant anytime during the payment process.

STATE BANK OF INDIA -PREPAID CARDS

Posted in SBI, SBI Debit card, SBI Pre-paid card by

State Bank Smart Payout Card is a prepaid Card which is issue within INDIA and in  Indian Rupees powered by 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.It  can be used for cash withdrawal at ATMs, for purchase transactions at merchant establishments and for e-Commerce transactions i.e., for online payment.This card request can be done at your SBI branch
State Bank Smart Payout cards’ are enabled for Cash withdrawal,Balance enquiry at other Bank ATMs(will be charged as prescribed from time to time) currently Rs.20/-Per withdrawal and Rs.9/- for balance enquiry.

Feature of SMART Payout Card
Usage of this card
i. For Corporates: Employees/Workers/Contract labourers of Corporate/MCG/SME customers etc.
ii. For Individuals: To all KYC compliant primary account holders for ultimate use by beneficiaries (dependents).

This can be helpful for customer who do not use DEBIT card frequently and he/she do not wants to pay annual FEE for DEBIT card.

Minimum Load
Rs. 100/- and thereafter in multiples of Re. 1

Validity
10 Years

Maximum Load
Rs.10,000/- (with a monthly ceiling of Rs.25,000/-)
Re-loadable with a load/reload limit of Rs. 10,000/- with monthly ceiling of Rs.25,000/-. (limit of Rs.10000/- per transaction and Rs.25000/- per month)

Daily Transaction Limit
Rs.10000/-cash withdrawal/PoS/e-Commerce usage.

Number of Cards
i) For Individuals: Maximum 3 Cards per account for fully KYC complied account.(excluding current account)
ii) For Corporates: No limit (subject to one card per employee

Charges

Issuance Fee ( One Time)
Rs. 102/-
Reloading Charge
Rs.10/- (Nil if loaded/ reloaded through CINB -Internet Banking)

Replacement Card/ Duplicate Pin
Rs. 102/-

Cash Withdrawal from any State Bank Group ATMs in india
No charges.

Physical Statement of A/c
Rs. 102/-

Transactions at other Bank ATM’s
Charges Rs. 20.00 per withdrawal.
Charges Rs. 9.00 for balance enquiry.

Apart from this card there are other different segment of card for other usage like

STATE BANK FOREIGN TRAVEL CARD – suitable for people who do frequent Travling abraod
STATE BANK eZ-PAY CARD
STATE BANK GIFT CARD–  It is usable at all VISA enabled Merchant Establishments and POS or e-Commerce transactions. It is a better substitute for Gift Vouchers sold by many retail houses as its use is not restricted to any particular Merchant Establishment/ Point of Sale
STATE BANK XPRESS MONEY CARD
STATE BANK ACHIEVER CARD

State Bank of India (SBI) launched a pre-paid card as "SBI Smart Payout Card"

Posted in SBI, SBI Debit card, SBI Pre-paid card, State Bank of India by
 State Bank of India  (SBI) launched a pre-paid card  as “SBI Smart Payout Card” for students, employees, workers, and contract labourers. This card is focus to customers don’t need to open any bank account to subscribe to these cards.

The exercise is aimed at financial inclusion. It will help garner low cost current and savings account (CASA) deposits. Using such cards customers can transfer money from one place to the other. Especially for contract labourers who work in urban areas, it is very useful
The KYC (Know Your customer) norms are also relaxed here. This will enable the product to reach its target audience. Customer needs a basic proof of identification. Any KYC compliant SBI customer can introduce a new customer. An employer too can endorse its employee’s application. These cards can be used in all existing

Feature of SBI Smart Payout Card
1) SBI group ATMs and 65,000 points of sales (PoS) at free of cost.
2) The pre-paid card bears a charge of Rs 9-20 per transaction in case of other banks’
3) ATMs. The pre-paid card can be loaded with Rs 10,000 at a time with a monthly cap of Rs 25,000.
4)SBI will charge Rs 102 as fees for issuing the card with a validity of 10 years.

This card will help small scale companies (SMEs) to  give salaries via such cards.

State Bank of India (SBI) launched a pre-paid card as "SBI Smart Payout Card"

Posted in SBI, SBI Debit card, SBI Pre-paid card, State Bank of India by
 State Bank of India  (SBI) launched a pre-paid card  as “SBI Smart Payout Card” for students, employees, workers, and contract labourers. This card is focus to customers don’t need to open any bank account to subscribe to these cards.

The exercise is aimed at financial inclusion. It will help garner low cost current and savings account (CASA) deposits. Using such cards customers can transfer money from one place to the other. Especially for contract labourers who work in urban areas, it is very useful
The KYC (Know Your customer) norms are also relaxed here. This will enable the product to reach its target audience. Customer needs a basic proof of identification. Any KYC compliant SBI customer can introduce a new customer. An employer too can endorse its employee’s application. These cards can be used in all existing

Feature of SBI Smart Payout Card
1) SBI group ATMs and 65,000 points of sales (PoS) at free of cost.
2) The pre-paid card bears a charge of Rs 9-20 per transaction in case of other banks’
3) ATMs. The pre-paid card can be loaded with Rs 10,000 at a time with a monthly cap of Rs 25,000.
4)SBI will charge Rs 102 as fees for issuing the card with a validity of 10 years.

This card will help small scale companies (SMEs) to  give salaries via such cards.

Generate your Virtual VISA enable e-Card Instantly using State Bank of INDIA(SBI)

Posted in ATM card, Credit card, Debit card, MASTER CARD, Online banking, Online shopping, SBI, State Bank of India, Virtual Credit card, Virtual debit card, Virtual e-card, VISA, VISA debit card by
Have you came across the situation where you were not able to do online transaction where there is only option of VISA/MASTER credit card/debit card and there is no option for Internet banking. Here I am going to tell you how to create instant VISA card that is compatible for online payment where merchant website accept VISA/ MasterCard Debit Cards as a payment option (payment in Indian Rupee).This card is exactly same as physical  Plastic card but it will be virtual in nature.The Card will be issued by marking a lien on the selected account and actual debit to the account will take place only when the Card is used.

State Bank of India (SBI) has formulated this method to generate VISA e-card using ONLINE banking.
Without talking more lets have steps to generate VISA enable e-card
Steps to Generate Virtual VISA e-card


1) Login to your online banking account (www.onlinesbi.com) and click on “e-cards” tab and select “State Bank Virtual Card” option.
2) Click on “Generate Virtual Card” tab.
3) Enter the amount and select an account which will be debited for funding (initially lien-marking and later debiting) the Virtual Card.
4) Enter the secure 8-digit password (OTP), received on your mobile.
After successful validation, Card image with Card No., expiry date, etc will be displayed on the screen and your Card is now created and available for e-commerce transaction

How to use this Virtual e-card

1) Select required goods / services on merchant website
2) Select State Bank Debit Card / Visa Card from the payment options.
3) Enter the Virtual Card details on the website.
4) Enter your secure 8-Digit password (OTP), received on your mobile.
5) After successful validation, you will receive SMS on your registered mobile confirming the transaction.
After the transaction, the Card will be de-activated and cannot be used again.

More secure :
It reduces the risk of exposing the underlying Credit/Debit limit as the Primary Card / Account details are not communicated to the Merchant.
Card is valid up to a maximum of 48 hours or till the transaction is complete, whichever is earlier.
as Card creation and online transaction is authorised only after successful validation of One Time Password (OTP) sent to your Mobile during the process.

Highly Flexible :

  1. It enables Bank customers to pay from any of their Internet Banking enabled accounts, having transaction rights.
  2. Card can be created for any amount, from Rs. 100 to Rs. 50,000 (Round rupees)
  3. Card can be used at any online merchant site that accepts Visa Cards.
  4. No, the Card is one-time/single-use card and cannot be reloaded/ topped up.

Easy to Use :
No separate setup/ installation or registration is required. Any customer having internet banking facility with transaction rights can create Virtual Card.

Zero Loss :

  1. No loss of interest as the Card is generated by marking a lien on the underlying account and the amount is debited only when actual transaction using the Virtual Card is completed, successfully.
  2. Card is one-time use Card and will get de-activated once used successfully.On cancellation, the lien will be released. (However, it may take few minutes in some cases).
  3. You can cancel/deactivate card Yourself and the lien amount will be credited back to your account
  4. You can use your Virtual Card for partial amount, provided the amount is below the Card value.After utilizing partial amount of this card the rest remaining amount will be released back to your account after card gets deactivate

For more FAQs click here

Generate your Virtual VISA enable e-Card Instantly using State Bank of INDIA(SBI)

Posted in ATM card, Credit card, Debit card, MASTER CARD, Online banking, Online shopping, SBI, State Bank of India, Virtual Credit card, Virtual debit card, Virtual e-card, VISA, VISA debit card by
Have you came across the situation where you were not able to do online transaction where there is only option of VISA/MASTER credit card/debit card and there is no option for Internet banking. Here I am going to tell you how to create instant VISA card that is compatible for online payment where merchant website accept VISA/ MasterCard Debit Cards as a payment option (payment in Indian Rupee).This card is exactly same as physical  Plastic card but it will be virtual in nature.The Card will be issued by marking a lien on the selected account and actual debit to the account will take place only when the Card is used.

State Bank of India (SBI) has formulated this method to generate VISA e-card using ONLINE banking.
Without talking more lets have steps to generate VISA enable e-card
Steps to Generate Virtual VISA e-card


1) Login to your online banking account (www.onlinesbi.com) and click on “e-cards” tab and select “State Bank Virtual Card” option.
2) Click on “Generate Virtual Card” tab.
3) Enter the amount and select an account which will be debited for funding (initially lien-marking and later debiting) the Virtual Card.
4) Enter the secure 8-digit password (OTP), received on your mobile.
After successful validation, Card image with Card No., expiry date, etc will be displayed on the screen and your Card is now created and available for e-commerce transaction

How to use this Virtual e-card

1) Select required goods / services on merchant website
2) Select State Bank Debit Card / Visa Card from the payment options.
3) Enter the Virtual Card details on the website.
4) Enter your secure 8-Digit password (OTP), received on your mobile.
5) After successful validation, you will receive SMS on your registered mobile confirming the transaction.
After the transaction, the Card will be de-activated and cannot be used again.

More secure :
It reduces the risk of exposing the underlying Credit/Debit limit as the Primary Card / Account details are not communicated to the Merchant.
Card is valid up to a maximum of 48 hours or till the transaction is complete, whichever is earlier.
as Card creation and online transaction is authorised only after successful validation of One Time Password (OTP) sent to your Mobile during the process.

Highly Flexible :

  1. It enables Bank customers to pay from any of their Internet Banking enabled accounts, having transaction rights.
  2. Card can be created for any amount, from Rs. 100 to Rs. 50,000 (Round rupees)
  3. Card can be used at any online merchant site that accepts Visa Cards.
  4. No, the Card is one-time/single-use card and cannot be reloaded/ topped up.

Easy to Use :
No separate setup/ installation or registration is required. Any customer having internet banking facility with transaction rights can create Virtual Card.

Zero Loss :

  1. No loss of interest as the Card is generated by marking a lien on the underlying account and the amount is debited only when actual transaction using the Virtual Card is completed, successfully.
  2. Card is one-time use Card and will get de-activated once used successfully.On cancellation, the lien will be released. (However, it may take few minutes in some cases).
  3. You can cancel/deactivate card Yourself and the lien amount will be credited back to your account
  4. You can use your Virtual Card for partial amount, provided the amount is below the Card value.After utilizing partial amount of this card the rest remaining amount will be released back to your account after card gets deactivate

For more FAQs click here

SBI launched SMS based complain process

Posted in Complain, Grivance, SBI, SBI Complain, State Bank of India by
Indian largest banking institution SBI has started SMS based complain service. SMS Unhappy is the latest facility launched by the Bank to improve customer service.  The service is available 24 x 7 and you do not need to visit the branch to register your grievance.  All you need to do is to send just one SMS to the Bank.  It is thus paperless and one more Green Initiative of the Bank.

If you are not happy with the services offered by our Bank, just SMS “Unhappy” to 8008202020 and our dedicated “happy executives” will call you and get details regarding from you.  They, together with your branch will resolve the issue to your satisfaction.  The quick resolution of all your banking related troubles will surely bring a smile on your face. Go ahead and try it and have problem solved 🙂