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Q.

What is SBI Green Remit Card?

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0 2023-09-29T10:39:26+00:00

Green Remit card in SBI is a simple Magstripe-based card without PIN. It is a card that can be issued by any customer who want to remit money to a SBI Bank account at regular intervals. The card is preloaded with the remitted amount, and the recipient can access the funds conveniently. So this is what green remit card means.

What is the relevance of a green remit card?

Here are some major aspects of the green remit card:

  • It is a magstripe-based card without a PIN

  • It aims to facilitate non-home cash deposit transactions to be routed through the Green Channel Counter (GCC)/ Cash Deposit Machine (CDM)

  • This card can be used for cash deposit to the designated beneficiary’s account (SBI)

  • This card is accepted in all Gren Channel counter branches and cash deposit machines

  • The transaction limit of this card is Rs 25,000 per transaction and monthly Rs 1,00,000

You can learn about its eligibility and transaction fees as well in SBI’s official portal here:

https://sbi.co.in/web/personal-banking/cards/debit-card/green-remit-card

This is all I know about what is green remit card in SBI. You can visit the bank and know more details about it from the officials.

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How to check pending EMI on SBI credit card ? How to deactivate auto debit in SBI credit card? How to Add PAN Card in YONO SBI?

Hi Buddy,

Do you want to know, what is SBI green remit card? Let me assist you with the same. The largest bank in India, the State Bank of India (SBI), provides customers with a green remit card, which enables them to make recurring payments into an SBI account without opening an account. The SBI green remit card is a straightforward card with magstripes and no PIN. The non-cash deposit transactions can be routed through a cash deposit machine or a green channel counter (GCC) when using an SBI green remit card (CDM).

Now make secure online payments with NoBroker Utility Bill Payment services What is green remit card?

The green remit card is issued by SBI for a minimal price of Rs 20, and transaction fees will be charged for routine non-home cash deposit transactions at the specific branch. Anyone who wants to regularly send money to an SBI bank account (remitter) is eligible to apply for an SBI green remit card, especially non-account holders.

Users who want to apply for an SBI green remit card can do so at any GCC or CDM branch by submitting the application form and the ID proof document. The specific beneficiary account, which must be an SBI account by law, would be mapped to the SBI green remit card.

The SBI green remit card is accepted at all GCC and CDM branches and can be used to deposit cash in Indian rupees into the SBI account of the selected beneficiary.

Only cash can be used for deposits by users. The highest transaction limit for the green remit card has been set by SBI at Rs 25,000 per transaction, with a monthly ceiling of Rs 1 lakh. The sender will receive a pre-printed SBI green remit card right away from the State Bank of India.

After understanding the green remit card meaning, let us also understand the 

green remit card rules;
  • When the SBI green remit card is scanned, the details of the SBI account will be displayed on the screen as confirmation.

  • Customers will be asked to provide their payment information, and once the cash has been received and authenticated, an acknowledgement will be created.

  • As soon as the transaction is successfully completed, SMS messages are sent to both the sender and the recipient.

  • The transaction amount and card number will be updated in the beneficiary's SBI account.

I would like to conclude here about what is SBI green remit card. I hope this helps:)

Read More:

What Is GCC In Banking? How to renew an SBI debit card? What is the limit of the SBI debit card? How to Cancel SBI Credit Card Protection Plan?
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