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Rupay Prepaid card

RuPay Pre Paid card (Reloadable) |
Sno |
Salient Features |
1 |
Issuance
- Card can be issued to Existing Customer and New Customer.
- Single card is issued to Individual Customer. In case of Corporate , KYC of the end Beneficiary is to be ensured / provided by Corporate and card is issued against the name of End Beneficiary.
- Card get active on next day from the date of issue.
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2 |
Enquiry , Statement and Alerts.
- Enquiry Options both view and print has been made available
- Facility to print statement of account at Branch
- Automatic generation of monthly statement and sent to email-ids of the prepaid card holder if available
- Periodic SMS Alerts of amount loaded, transactions made and remaining balance..
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3. |
Loading / Re-loading
- Through cash, by debit to a bank account, through credit cards, debit cards and other PPIs
- Cash loading upto Rs. 50,000/- per month
- Amount outstanding shall not exceed Rs.1,00,000/- at any point of time
- No interest payable on balance.
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4. |
Issuance and TOP Up charges
- Card Issuance charges to be recovered Rs 50.00 plus tax at the time of first issuance and first loading on the card.
- For every subsequent loading Rs 10.00 plus tax to be recovered
- These charges to be automatically recovered at the time of loading by debit to the source of funds
- PIN change option through ATM has been provided.
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5. |
Touch points of Use -
- Used at any merchant for purchase of goods and services on POS or online.
- Cash withdrawal at ATMs .
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