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Like the name suggests, a prepaid card requires the user to pay first and use later. The user will never have to worry about over-spending again. Prepaid cards are great training cards for teens and students.The Prepaid program has multiple functionalities from unbanked to gift etc. The various types of Prepaid card prevalent in the country are Travel prepaid (Forex card), Gift, payroll etc. we are launching prepaid Gift card in the first phase followed by Travel card and General purpose card with reloadable options. Prepaid payment instruments enhance convenience as a mode of payment in lieu of cash.
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· Can be purchased over the counter ( Can be purchased by anybody across the counter after satisfying KYC norms )
· Available in denominations of Rs. 500/- to Rs. 50000/-
· Access to over 470000 VISA merchant outlets
· Valid for one year from the date of activation
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· The card is not acceptable in ATMs
· Maximum of 50 cards can be sold to single entity or customer.
· Duplicate or replacement will be issued to the purchaser only after collecting charges for issuance of duplicate card. Balance available in the card should be greater than charges for duplicate or replacement. Duplicate must be issued only after deactivation of original card.
· Amount will be refunded to purchaser only after collecting charges for refunding. Refunding will be done after expiry of card within three months from the date of expiry. Balance available in the card should be greater than charges for refund.
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 Click here to download the prepaid gift card - request form |
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Particulars
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Charge in Rs.
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Card value between 500 and 10,000
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Rs.75/- per card
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Card value between 10,001 and 49,999
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Rs.100/- per card
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Issuance of duplicate
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Rs.100/- per issuance
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Charges for refund
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Rs.100/-
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Charges for hardcopy statement
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Rs.100/- per statement
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