Sensing an Opportunity in Getting the UnBanked in India to use Banking Services, SBI introduced the Smart Payout Card in the Pre-Paid segment especially targeting Blue Colored Workers who have no Bank accounts.
Features of the SBI Smart Payout Card
- Employers can give to any of their employees or contract workers, labors or managers managing small tasks
- A Maximum Withdrawal Limit of Rs 25,000 per month
- The Card can be re-filled with a maximum amount of Rs 10,000
- Card can be used to Withdraw cash in ATM