State Bank Achiever Card - Personal Banking
State Bank Achiever Card
The State Bank Achiever Card is a reloadable Prepaid Card usable at Merchant establishments/ Point of Sale through or for online transactions in India only, Cash withdrawal is not allowed. It is an ideal product for disbursement of various periodical non cash incentive/payment to employees, agents, distributors etc. State Bank Achiever Card can be purchased by customers/ non customers; no prior Banking Relationship is required.
Features
- All State Bank of India Branches
- Minimum amount of issue Rs 100 and thereafter in multiples of Re 1/-. However, the balance in the card should not exceed Rs 2,00,000/- at any point of time.
- Usage : State Bank Achiever Card is usable at all merchant establishments at point of sale and over internet for e-commerce transactions by using secure verified by VISA.
- Balance enquiry : Cardholder can view the balance in the State Bank Achiever Card and also obtain a transaction receipt indicating the balance from any State Bank ATM in India free of cost and also online at https://prepaid.sbi
- The validity of the card is for 10 years from the date of issue.
- Daily transaction limit : Cash withdrawal not allowed.
- Daily transaction limit : POS transaction and e-commerce limit is upto the balance available in the card.
- The card can also be personalized upon request by the Corporates for Bulk issue.
- Issuance and replacement fee EMV – Chip: Rs. 150/- + GST
- Reload fee: Rs.10+ GST per transaction.
- If loaded through RINB/CINB: – NIL charges
- Cash withdrawal from other bank ATM - fee: - Rs. 20 + GST
- Enquiry at other Bank ATM – fee: - Rs. 9/- + GST
Eligibility
The customer/corporate needs to provide the following documents for purchasing a State Bank Achiever Card
- Dully Filled in Application.
- Proof of Identity such as passport, voter ID card, PAN Card etc.
- Proof of Residence such as Pass port, driving license etc.
Reload
State Bank Achiever Card is reloadable and can be re-loaded any number of times till expiry. Periodical non cash allowances which are regular in nature, can be credited into these Cards.
- Minimum reload Rs.100 per reload
- No Maximum stipulation but at any point of time card balance should not exceed Rs.1, 00,000/- .
Last Updated On : Thursday, 16-12-2021
Interest Rates
2.70% p.a.
less than Rs.10 Cr. w.e.f 15.10.22
3.00% p.a.
Rs.10 Cr. and above w.e.f 15.10.22
2.70% p.a.
Balance below Rs. 10 crs
3.00% p.a.
Balance Rs. 10 crores and above
Prepaid Card
Criteria
- Features
- Eligibility
- Terms and Conditions
Interest Rates
2.70% p.a.
less than Rs.10 Cr. w.e.f 15.10.22
3.00% p.a.
Rs.10 Cr. and above w.e.f 15.10.22
2.70% p.a.
Balance below Rs. 10 crs
3.00% p.a.
Balance Rs. 10 crores and above