SIB Prepaid Card

Flexible Payments Made Easy with Reloadable Prepaid Card

Make life simpler with South Indian Bank's Reloadable Prepaid Card. Load, spend, and reload anytime, anywhere across India. Whether you're shopping online, paying at stores, or managing corporate expenses, this card offers secure and flexible payments through the RuPay platform. Designed for individuals/retail customers and businesses, it's your go-to solution for convenience and control.

Benefits of South Indian Bank Prepaid Cards

PIN-based secure transactions

Reload with any amount, as per convenience

Accessible offline & online

ATM cash withdrawal enabled

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PIN-based secure transactions
Reload with any amount, as per convenience
Accessible offline & online
ATM cash withdrawal enabled
Uninterrupted usage until the expiry date

Versatile Usage: Designed for both business and personal needs, catering to diverse requirements.
Cashless Payments: Enjoy smooth, secure payments at physical stores and online platforms.
Reload Anytime: Reload funds anytime, giving you complete control over spending.
Enhanced Security: PIN-protected payments ensure safety and peace of mind with every transaction.
ATM Withdrawal: Use the card to withdraw cash at ATMs, making it a more flexible option compared to a gift card.
Custom Spending Limits: Customisable daily & monthly spending limits & control to ensure mindful spending.

To be eligible for a South Indian Bank Prepaid Card:

You must be an Indian resident.
You must be a retail customer or corporate client.
You must comply with Know Your Customer (KYC) norms.

Particulars	Charges
Issuance Fee/Replacement Fee	Rs.100/- per card
Reloading Fee	Rs.50/- per card
Encashment Fee	Rs.100/- per card
ATM Transaction Fee (SIB ATMs)	Rs.5/- (Balance Enquiry) & Rs.10/- (Cash Withdrawal)
ATM Transaction Fee (Other ATMs)	Rs.8/- (Balance Enquiry) & Rs.20/- (Cash Withdrawal)

Particulars	Limits
ATM Withdrawals	Daily Limit: Rs.30,000/-; No monthly limit
POS/Online (Retail Customer)	Daily Limit: Rs.1,00,000/-
POS/Online (Corporate Customer)	Daily Limit: Rs.50,000/-

You can apply for a South Indian Bank Prepaid Card by following a few simple steps:

Visit any South Indian Bank branch near you and start the application process.
Submit the required documents to complete KYC verification.
Load the card with desired funds.
Activate the card and start using it!

To find your nearest SIB branch, click here

Apply Now

QUESTIONS & ANSWERS

Frequently Asked Questions

To get answers to the frequently asked queries

Reloadable Prepaid Cards are Prepaid Cards issued with amounts loaded as per customer choice and the same can be replenished (reloaded) as and when required.

Yes, you can withdraw cash using Reloadable Prepaid Cards.

Reloadable Prepaid Cards can be issued to SIB Customers only, who has not availed this facility from Other Banks.

Reloadable Prepaid Cards shall be issued after collecting the necessary KYC Documents viz. Aadhaar/Passport/Driving License/Voter’s ID/PAN of the Prepaid card applicant and the Prepaid card holder(beneficiary) In addition to this, other details of the applicant and the Beneficiary such as mobile number, email id, DOB, address etc..along with a Passport size photograph and duly filled and signed Applications form is to be submitted to the Bank.

The charges for the Reloadable Prepaid cards are as below:

SL.No.	Particulars	Charges in INR (Appicable Tax Extra)
1	Issuance/Replacement Fee	100
2	Reloading Fee	50
3	Encashment Fee	100
4	ATM Transactions (SIB ATMs)	5 for Balance Enquiry 10 for Cash Withdrawal
5	ATM Transactions (Other ATMs)	8 for Balance Enquiry 20 for Cash Withdrawal

Encashment fee is the fee which is being charged when the prepaid card applicant wishes to encash (transfer) the available balance in the Prepaid Card to his/her account maintained with the Bank.

South Indian Bank offer two variants of Reloadable Prepaid cards in RuPay Platform, which are:- CashCard DigiCah

These are Reloadable Prepaid Cards Issued to Retail Customers (dependents/family members). CashCard can be issued to the dependents/family members of fully-KYC compliant customers with a limit of only one card per beneficiary (dependents/family members).

Prepaid CashCard can be loaded up to a maximum amount of Rs 100,000/- The balance in the CashCard should not exceed Rs 100,000/- at any point of time.

The maximum daily cash withdrawal limit from ATM using CashCard is INR 30,000/-. No monthly withdrawal limit. The daily POS/Online Transaction Limit is Rs.100,000/-.

These are Reloadable Prepaid Cards Issued to Corporate Customers. These cards shall be loaded/reloaded only by debit to the KYC complied bank account maintained by the corporate.

Prepaid DigiCash can be loaded up to a maximum amount of Rs 50,000/- The balance in the DigiCash card should not exceed Rs 50,000/- at any point of time.

The maximum daily cash withdrawal limit from ATM using DigiCash is INR 30,000/-. No monthly withdrawal limit. The daily POS/Online Transaction Limit is Rs.50,000/-.

The maximum validity of Reloadable Prepaid Cards is 3 years. The card shall expire on the date printed on the face of the card.

Reloadable Prepaid cards are protected by a 4-digit secret PIN for authorizing ATM and POS transactions. Online transactions are secured by OTP (One Time Password), sent to the Beneficiary mobile number registered in the application form.

The Reloadable Prepaid cards can be used in all NFS ATM’s in India as well as at any Merchant Establishments in India which accepts RuPay Card. Please note that SIB Prepaid card is usable in India only. International purchases and purchases from International sites are restricted.

The SIB Reloadable Prepaid Card is available off-the–shelf at our designated branches.

Yes. You need to have an account with SIB to purchase SIB Reloadable Prepaid Card and the card can be loaded/re-loaded only by debit of an SIB account.

The SIB reloadable Prepaid Card will be activated with the loaded amount within 24 hrs after the bank has received clear funds from the customer. Once activated, the card is ready for use.

The Available Balance on the Reloadable Card can be used by making a purchase with the Card or through ATM withdrawals. Every time you do this, the full amount of the purchase/withdrawal, including taxes and any other fees, gets deducted from the Available Balance.

The beneficiary of the Card needs to sign on the reverse of the Card on receipt of the Card to avoid its unauthorized use.

On loss of the card, please report to South Indian Bank through Toll free Number or to your nearest South Indian Bank branch for hot listing the card. SIB Toll Free Number: 1800 425 1809

In such cases please cut the card into four pieces and hand them over to the nearest South Indian Bank branch.

The beneficiary can visit the SIB designated branches for reloading the card and submit the reload form.

The customer can contact the branch where the card was issued. PIN will be re-generated and a minimum time frame of 5 days is required for new PIN delivery.

The TAT communicated is 24 hours to the customer. Corporate Prepaid Card will be loaded 24 hours after the funds and funding instruction is given by the Corporate/Client.

To apply for a duplicate Card: The applicant and the beneficiary should contact the branch with the original card number. He/she should also furnish his/her identification proof and address proof at the time of applying for a duplicate card from the Branch.

You can use it at any merchant outlet that accepts RuPay cards or for online shopping within India/websites accepting payments with two factor authentication.

It is an elegantly designed envelope containing the card, a PIN (personal identification number) along with a welcome letter with instructions on how to use the card securely. PIN is used for checking your card balances and transactions details online, and for authorizing POS /Ecommerce transactions OTP (One Time Password) is sent to the registered Mobile Number.

The beneficiary can visit the SIB designated branches for reloading the card by submitting the reload form.

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