Launch of New Deposit Card

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New Delhi, 27 Mar, 2015: The State Bank of Mysore has launched a new deposit card, viz., the State Bank SME Insta Deposit Card.
The SME deposit card, a ‘green banking’ initiative, enables SME customers a hassle-free experience, a release said. The card allows cash deposits for SMEs into their CA & CC accounts through Cash Deposit Machines (CDMs) 24x7x365.

Cash deposits up to Rs 49,900 can be made at a time into CDMs using the card. The card brings other valued-added facilities such as balance outstanding checks, mini statement checks, PIN changes etc.,the release said.

BusinessLine