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States - Andhra Pradesh
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SBI keen on raising gift card sale

Our Bureau

Hyderabad, Feb 2

State Bank of India (SBI) has waived issue charges on its gift cards up to March 31.

The initiative was part of a special promotion offer and the cards could also be personlised for bulk issue to the corporates, Mr Shiva Kumar, Chief General Manager, SBI-Andhra Pradesh, told newspersons.

Generally, the charges on gift cards range from Rs 50 to Rs 200 a card across banks.

They are issued for a minimum amount of Rs 500 and, thereafter, in the multiples of 100 up to a maximum of Rs 20,000.

More Stories on : Credit Cards & Debit Cards | Andhra Pradesh | State Bank of India

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