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  • Safe, Secure and convenient payment method for usage at ATM / POS / Internet. Safer than carrying cash
  • Control / budget / plan your expenditure through prepaid card.
  • Convenience of load / reload of amount as and when required for usage.
  • Reduces risk against fraud by keeping balance to minimum in prepaid card.
  • Well established hassle-free transaction process.
  • Hot listing facility available.
  • Free SMS alerts on all transactions.
  • Purchase/Refund facility through SB/CA/OD account
  • Lost Card liability protection (T&C apply)
  • ATM/POS Transactions are secured by PIN authentication
  • Internet transactions are secured by OTP authentication

Acceptance

  • Domestic Acceptance Only

Type

  • Personalized
  • Non-Personalized

Features

Parameters Canara VISA Prepaid Card- Reloadable
Purpose/Scope Utility Bill Payment /Meal Card /Travel /Payroll /DBT /EBT etc
Scope of Usage Domestic Usage Only
Eligibility All Customers with full KYC Compliance
Minimum Amount / Load Amount No Minimum. Can be issued with zero balance initially.
Validity Maximum – 3 Years
Maximum balance/ load Amount/ Reload Amount Rs. 10000
In multiples of Rs.1
Issued to To Customers with Full KYC.
Usage Point ATM/ POS & eCommerce. Fund Transfer to Card holders' operative account.
Cash Withdrawal Limit ATMs Minimum : Rs.100 ;
Maximum : up to balance in the Card in multiples of Rs.100

ELIGIBILITY

  • Registration of Mobile Number by Purchaser and furnishing of Beneficiary details including mobile number is mandatory.
  • SB/CA/OD account should have been KYC complied i.e., submission of Photo, Address Proof, Identification Proof etc.

HOW TO GET THE PREPAID CARD

  • Intended Purchaser has to approach Canara Bank branch where he/she has SB/CA/OD account.
  • Submit a written request in the prescribed form for purchase of Prepaid/Gift Card.
  • Provide the mandatory details of beneficiary like Name, Address, Mobile No.
  • Authorize Bank to transfer amount from his/her SB/CA/OD account for load/reload purpose.
  • Non-Personalized Cards are instantly issued by the Branch.
  • In case of Personalized Cards, Cards will be sent to the Branch and Purchaser has to collect the same from the Branch.
  • In case of reload, Purchaser has to submit written request in the prescribed form and authorize Bank to transfer amount from his/her SB/CA/OD account for the purpose.
  • In case of cancellation and refund, Purchaser has to submit written request in the prescribed form

USAGE

  • Card is issued for domestic usage only i.e., within India.
  • All Merchant Establishments / Internet web sites / Utility Service Providers where VISA / MasterCard/RuPay logo is displayed.
  • At ATMs/POS for Cash Withdrawal
  • Card to Card Funds transfer
  • For Cash Withdrawal in other Bank ATMs, use option “Credit” while selecting type of account.

Service Charges

Parameters Canara VISA Prepaid Card – Reloadable – Open System
Issue Charges Rs.50/- Plus GST
Load / Reload Charges Rs.20 Plus GST
Charges for cancellation and Redemption after expiry / Refund Rs.50+GST
Charges for Cash Withdrawal at other Bank ATMs beyond 3/5 financial / nonfinancial transactions Rs.10/- for nonfinancial Transactions Rs.20/- for Financial Transactions
Charges for Cash Withdrawal at POS 1% of the Transaction Amount
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