SBI YUVA CARD

SBI Yuva Card is an International Debit Card on VISA platform, exclusively designed for vibrant youth of India between 18-30 years of Age. The card can be used at ATMs for cash withdrawal at all ATMs under bilateral arrangement. It can be used for dining, shopping and traveling at POS/MEs. This Card is available in all branches free of cost. You can not only draw cash at ATM but also swipe it for. This card is PIN based on ATM and signature based at POS/MEs. This card can ‘be used for e-commerce i.e. for shopping through internet by using VbV (Verified by VISA) certified internet websites. Funds can also be transferred using VISA Monet Transfer facility. Using our ATMs, card holder can also transfer funds to other VISA Debit/ Credit Cards issued by the Bank or any other Bank.

SALIENT FEATURES OF SBI YUVA DEBIT CARD

1. Main Eligibility
All Saving Bank and Current Account holders having account at CBS branches, in the age group of 18-30 years and holding account either in their sole name or jointly with their parents/ spouse with mode of operation " Either or Survivor"/ Anyone or Survivor will be eligible to apply for this card.
2. Daily Cash Withdrawal Limit
Minimum Rs.100 and Maximum Rs.50,000 / Overseas US $1000

3. Daily purchase limit at Merchant Establishments/Point of Sales/Internet Merchant Establishments
Rs. 2,00,000.00/ Overseas US$ 4000

4. Mode of Operation
PIN on ATM, Signature at ME/POS and Verified by Visa password on Internet Merchant Establishments

5. Annual maintenance Fee
NIL

6. Complementary Insurance
Rs.2 lacs (accidental death only) and Rs. 5,000 on purchase protection

7. Loyalty Points
One loyalty point equivalent to Rs.0.25 for every purchase of Rs.100 at POS. The loyalty points earned by the card holder, subject to a minimum 100 points, may be converted into monetary figures and credited back to the account at the end of every calendar quarter.

8. Cash Withdrawal & balance enquiry fee other than SBI ATMs
Cash Withdrawal-Free at SBI ATMs and ATMs under Bilateral arrangements and Rs. 20 on others ATMs with VISA logo Balance Enquiry- Free at all above ATMs.

9. Concessions
50% concessions on processing charges on loans 50% concessions on Demat A/C charges 25 basis point concessions in interest rates on Education, Housing and Vehicle loans to the card holders who maintain their salary / revenue accounts with us.

10. Validity of the Card
10 Years from the date of issue

11. Visa Money Transfer (VMT)
Transfer of money from any ATM Debit Card issued by the bank to another VISA ATM Debit / credit card issued in India by the Bank / other Banks using their ATM PIN at ATMs & Active INB users through www . onlinesbi . com using their ID and password upto Rs. 50,000.00 per transaction.
*The charges applicable are Rs. 20.00 + service charge per transaction.

12. Verified by Visa (VbV)
By registering to the facility the card holders can securely carryout ecommerce transactions on VbV enabled websites. It is mandatory for the Card holders to register for the facility for carrying out e-commerce transactions on VbV enabled Internet merchants.

13. Other facilities
Can undertake transactions through internet for ticketing, e- commerce. Visa Bill pay, Mobile Top Up, Virtual cards solution for e-commerce and wide range of Discount on shopping, entertainment and leisure, and purchase etc. on use of Yuva Cards.

Note: * Charges on all funds transfer through Internet have been waived till 31.3.2009