Online SBI : Apply For State Bank Virtual Card

Name of the Organization : State Bank of India
Type of Facility : State Bank Virtual Card
Location : Mumbai

Website : https://www.onlinesbi.com/

SBI Online Related Content:
Account For NRE/ NRO: https://www.indianjobtalks.in/26866.html
Block ATM Card Online: https://www.indianjobtalks.in/26948.html
Pay Renewal Premium: https://www.indianjobtalks.in/26963.html
Pay Credit Card Bills: https://www.indianjobtalks.in/26892.html
E-filing of IT Returns: https://www.indianjobtalks.in/26974.html
SBI Annuity Deposit : https://www.indianjobtalks.in/26959.html
Smart Payout Card: https://www.indianjobtalks.in/26971.html

State Bank Virtual Card :
Virtual CardState Bank Virtual Card, also known as Electronic Card or e-Card, is a limit Debit Card created for ecommerce transactions. It provides an easy and secure way of transacting online without providing the Primary Card/Account information to the merchant.

Virtual Cards can be used at any merchant location accepting MasterCards / Visa Cards online, without any difference from a regular plastic card.

The key features of Virtual Card are as follows :
Security :
** It reduces the risk of exposing the underlying Credit/Debit limit as the Primary Card / Account details are not communicated to the Merchant.
** Card is valid up to maximum of 48 hours or till the transaction is complete, whichever is earlier.
** Card creation and online transaction are authorized only after successful validation of One Time Password (OTP) sent to your Mobile during the process.

Highly Flexible :
** It enables Bank customers to pay from any of their Internet Banking enabled accounts, having transaction rights.
** Card can be created for any amount in round rupees.
** Card can be used at any online merchant site that accepts Debit/Credit Cards.

Easy to Use :
No separate setup/installation or registration is required, any customer having internet banking facility with transaction rights can create Virtual Card.

Zero Loss :
No loss of interest as the Card is generated by marking a lieu on the underlying account and the amount is debited only when actual transaction using the Virtual Card is completed, successfully.

State Bank Virtual Card description and its features :
Eligibility : All INB Customers with Transaction Rights can avail this facility.
Card Type : Visa (may be extended to Master Card Platform)
Currency of Issue : Indian Rupee only.
Minimum amount of Issue :Rs.100/-
Maximum amount of Issue : Rs.50,000/-
Frequency of usage (Single / Multi) : Single-transaction Card
Card Acceptability : At any merchant outlet that has facility for Online purchase.
Domestic / International : Domestic use only. (Valid for payment in INR in India, Nepal & Bhutan)
Card Validity : “As soon as transaction is completed. Or If the card is cancelled. Or Card is not used for 48 hours after creation. (whichever is earlier)” No of cards per customer per day No limit
Issuance / Maintenance Fee : NIL
Refund / Cancellation : Once card is cancelled or expired, the lien marked shall be lifted and the unspent /unutilized amount will automatically be available to the customer for use.

For More Details, Click Here : https://www.onlinesbi.com/personal/virtual_card.html

Contact Us :
At State Bank of India, we are committed to provide best internet banking services to our customers. Please feel free to share your Internet Banking experience with us over phone.

SBI now provides your Account Balance and Transaction details over phone round the clock. Information on deposits & loan schemes and services also available.

1800 11 22 11 (Toll free from BSNL / MTNL landlines)
080 – 2659 9990 (other lines)
1800 425 3800 (accessible from landlines and mobile phones)