State Bank Mumbai Metro Combo Card - Benefits, Charges and Eligibility
State Bank Mumbai Metro Combo Card Overview
With State Bank Mumbai Metro Combo Card, you can enjoy the convenience of hassle free travel on Mumbai Metro and shop at more than 10 lakh merchant outlets in India and earn Freedom Rewardz points on your purchases. With it, you get access to your account whenever and wherever you want. You can use it to purchase goods at merchant establishments, for travel on Mumbai Metro trains, for making payments online and withdraw cash in India as well as across the globe.
State Bank Mumbai Metro Combo Card Features
- Travel in Mumbai Metro Trains conveniently
- Shop at over 10 lakh merchant outlets in India, and over 30 million worldwide
- Book movie tickets, bill payments, travel, other online purchases and payments over the internet using Master Secure Code
- Withdraw cash from State Bank Group ATMs or other ATMs in India and worldwide (ATMs with
- MasterCard/Maestro/Visa logo)
- Daily cash withdrawal limit: Rs. 40,000 & foreign currency equivalent of Rs. 40,000 across rest of the world
- Daily purchase limit: Rs. 75,000 in India & foreign currency equivalent of Rs. 75,000 across rest of the world
State Bank Mumbai Metro Combo Card Eligibility
It is issued to the customers having an account with State Bank of India. Existing eligible customer may also apply for this card.State Bank Mumbai Metro Combo Card Fees & Charges
- Charges for issuance of Card : Rs. 100/- at the time of issuance of the card. Metro Card comes pre loaded with Rs. 50/-
- Second Year Onwards Annual Fee: Rs. 150/- plus applicable taxes
- Regeneration of PIN: Rs.51/- (including service tax)
- Replacement/Re-issue of Lost/Damaged Card: Rs.204/- (including service tax)
- Mark Up Charges for each POSP transaction at Petrol Pumps: 2.5% + GST
- Mark Up Charges for each POSP transaction at Railway Bookings: 2.5% + GST
State Bank Mumbai Metro Combo Card Benefits
- State Bank Mumbai Metro Card comes pre loaded with Rs. 50/-
- State Bank Mumbai Metro Combo Card offers a host of benefits to metro riders
- This card acts as a payment-cum-access card at Mumbai Metro stations and also standard shopping-cum-ATM debit card
- Freedom from queues at Metro Ticket counters
- Straight access to the entry gate for travel on Mumbai Metro by just tapping the combo card
- Frequent offers from Mumbai Metro
- It offers State Bank Debit Card Loyalty Program known as FreedomRewardz
- Higher cash withdrawal and purchase limits
- SMS Alert for Better Tracking: Get instant SMS alerts for all Cash withdrawal/Purchase transactions/Online transactions made on your State Bank Mumbai Metro Card
- SBI's 24x7 helpline through Tollfree customer care
State Bank Mumbai Metro Combo Card How to Apply
- Contact your Branch.
- If you don't have saving or Current Account, first open your account.
- Get the Debit Card Application form from the Branch, fill it up and submit it to your Branch.
- You will receive your Insta Debit Card & PIN (Personal Identification Number) at the time of submission of the application form.
- In case of named Debit Card, the card will be delivered to the customer's residential address. The PIN will have to be collected from the respective Branch.
- The customer has to activate the Insta Debit card after 24 hours from the receipt of the card by withdrawing cash from Dena Bank ATM.
State Bank Mumbai Metro Combo Card Documents Required
- Proof of Identity : Aadhaar Card/ PAN Card/ Passport Driving License/ Voter ID Card
- Proof of Address : Aadhaar Card/ Driving License/ Ration Card/ Voter ID Card/ Passport
- Passport sized photographs
What is EMV-Chip Based Debit Card?
EMV stands for Europay MasterCard and Visa, who developed this technology. EMV-chip based debit cards are the debit cards which have embedded microprocessor chip that stores and protects cardholders' information/ data. It uses enhanced security features to protect the important date of the card holders and discourages card's unauthorized usage.
EMV-chip based debit card generates fresh user data every time the user transacts. Therefore, it is impossible for hackers/ fraudsters to steal the information or copy the original data from any card. Further, EMV technology uses your debit card as well as PIN to complete any transaction.
The Reserve Bank of India (RBI) has asked all banks in the country to replace magnetic-strip debit/ credit cards with EMV-chip based cards by 31 December 2018 as magnetic cards are quite vulnerable to skimming. Banks have already replaced the existing magnetic strip debit/ credit cards with latest EMV chip cards. Banks will provide it free of cost.