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Teledraft
 




 

 
The facility that allows you to order a bank draft over the phone and on credit! You have the power of money in your hands. The SBI Card Teledraft facility guarantees flexibility, ease of use and effortless banking to you. You can use the SBI Card Teledraft facility in places that may not even accept credit cards as yet! Additionally, this new facility eases payment of various bills, taxes, fees and facilitates sending money to relatives, buying holiday tickets or jewelry etc. What's more, you may use the draft as a convenient way to send money home!

Just follow these simple 3 steps, and you'll get the draft right at your doorstep!

STEP 1
STEP 2
STEP 3
Just call the 24 hr SBI Card Customer Helpline in your city and mention your card number to our customer service associate who will verify your details to establish your identity.
After the verification, the customer service associate will ask you for the amount of the draft, name of the beneficiary, city and branch payable at and other necessary details.
The draft will be delivered via courier normally within 2 working days (in Delhi, Mumbai, Calcutta, Chennai, Bangalore and Hyderabad) or 4 working days (in non-metros) at your mailing address.
 
You can order a draft whilst sitting at home by using the SBI Card Teledraft facility.
You can use the Teledraft Facility for making outstation payments, as a loan, to pay for mutual funds or at places which do not accept cards as yet.
You can order a Teledraft for any amount from a minimum of Rs. 1,500 up to Rs. 10,000 per draft per day.
The draft amount should be within your available cash limit* (excluding cash advances taken).
A service charge of 2.5% or Rs. 75 (whichever is greater) and a finance charge of 2.75% p.m. (from the date the draft is issued) will be debited along with the draft amount in your next statement.

*Cash limit = 40% of credit limit.
 
With over 13,000 branches of SBI and its affiliates across India, the draft is payable even at the remotest location. This makes it extremely easy for you to pay without having to worry about carrying cash.

Use the SBI Card Teledraft facility to make payments for:
Outstation Payments nationwide
Loans
Mutual Funds
Taxes
Consumer Durables
School Fees
Holiday Tickets
Jewelry
Telephone & Electricity Bills
Short of cash or out of cash
  For more information, call the 24-hour SBI Card Customer Helpline in your city
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