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Prepaid Card

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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.
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..
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.
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.
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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