What is the Sbi remit card?
The State Bank of India’s Green Remit Card, which was introduced as part of the bank’s push toward paperless banking, is a simple Magstripe-based card with no PIN.
The product is designed to make it easier for non-home cash depositors to use a Green Channel Counter (GCC) or a Cash Deposit Machine (CDM). The Green Remit Card lets you deposit funds into the SBI account of a chosen beneficiary. All Green Channel Counter Branches and Cash Deposit Machines accept it.
The remitter will receive a pre-printed SBI Green Remit Card immediately from the branch.
What is the eligibility?
- Customers (remitters), especially non-account holders, who desire to send money to an SBI bank account on a regular basis are eligible.
- Customers can submit a simple Application Form along with one ID proof document to any GCC or CDM branch.
- The card would be linked to a specific beneficiary account (Has to be an SBI account).
How to apply for a Green Remit Card?
- Customers can fill out an application form and bring it to a GCC or CDM branch, along with a valid government ID.
- The card will be linked to the SBI account of a certain beneficiary.
- According to the SBI website, the fee for issuing the card is Rs 20.
- At an SBI branch, the card will be printed and issued to the applicant right away.
Usage of SBI Remit card?
- Even non-account holders who want to send money to a beneficiary SBI bank account on a regular basis can utilize this card.
- Only cash can be used to make a deposit.
- The transaction amount and card number will be updated in the beneficiary’s SBI account.
How to use / Procedure to use a Green Remit card?
- Visit a CDM or a GCC branch.
- At the machine, swipe the Green remit card.
- You should be able to see the account information shown on the machine’s screen.
- An acknowledgment is generated after the cash has been collected and authenticated.